Attractive Continental Wine-café Bar Situated In Centre Of Tourist Village | | Baildon West Yorkshire | | * Imposing Corner Site * High Net Profit * Expanding Popular Commuter Village * Busy Circuit Especially Weekends * Innovative Continental Atmosphere * One Bar Operation (Easily Operated) * Low Rent | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 7725
ADVERT IMPRESSIONS : 28,952 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Wine Bars | | SALE: | Agent Sale | LEASEHOLD: | £110000 | ANNUAL RENT: | £9880 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business:
Formerly HSBC Bank, Fizz Bar is a superb and innovative alteration from existing bank premises to a continental wine & café bar.
Location:
Baildon is a popular upmarket village (virtually a small town), to the north of Bradford heading towards Ilkley. Fizz Bar is situated in the centre of the village in a prominent corner position adjacent to a pedestrian walkway.
Premises:
End property of group of shops, situated on ground floor. Brick construction with solid wood façade.
Bar Area: Raised seating area for approx. 30/40 covers. Folding doors to outside seating area (approx. 20 covers).
Kitchen Area: Small preparation kitchen to rear of bar.
Serving Area: Small cellar to rear. Ladies & Gents toilets to rear.
Private Accommodation:
Fizz is a ‘Lock up’. There is no owner’s accommodation.
Outside:
Seating on pedestrian walkway.
Opening Hours:
Mon-Tues: 10am – 4pm
Wed-Thurs: 10am – 10.30pm
Fri-Sat: 10am – 12 midnight
Sun: 11am – 10.30pm
Trade:
The present owners redeveloped the site in 2006 and opened as a wine bar on 1st August 2006.
Accounts for the 1st year of trading are currently being prepared but we understand the following applies:
Turnover for year to 31.08.07
£199,000 net.
Gross margin @ 68%
Staffing Details:
The bar is operated under management augmented by part time staff.
Rates:(1)
Rateable value
Rates payable £1,998 to March 2008.
Tenure Details:(1)
Free of Tie Leasehold
5-year rolling lease.
Term Remaining: 4 years with option to extend.
Licences:
Full-on Licence.
Rent:(1)
£9,880 per annum
Reason for Sale:
The owners have other business interests.
Additional Notes
Fizz Wine Bar is completely innovative and a highly desirable business at the cutting edge of café bar culture. It would benefit by a more ‘Hands-on’ owner occupier to capitalise on the vast middle to upmarket clientele who live in the vicinity. It presents an opportunity to develop the Fizz Bar into a more profitable outlet by increased marketing and greater emphasis on daytime food. | | | | | | FOR SALE | | | | | REFERENCE: | PL 1400 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
