Scroll To Top

ESTABLISHED BAR WITH LIVE MUSIC, NOTTING HILL, W11

Notting Hill, London
Leasehold Price:
£295,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
235878
Reference
Y7650RB / Rightbiz

Details

LOCATION:             The bar is located in the heart of one of London's most desirable upmarket areas, in a convenient location close to Central London and Westfield Shopping Centre, with its iconic houses, famous diversity, frequented by movie stars, in one of the best known and thriving markets in London. It is also the location of the annual world famous and the largest carnival in Europe which has attracted 1.5 million people previously.

 

DESCRIPTION:        Single 1,073 sq ft (99 sq.m.) A3 shop unit with a bar section, a DJ stand, 13 stools to the bar section and a standing area with a dance floor plus seating for 40/50 persons. Licenced to hold 200 to 240 persons. The bar regularly attracts famous customers.

 

BUSINESS:               Run by owner with 2 full time and 3 part time staff taking £4,000 pw at 70% gp. In the same hands for 6 years and only for sale owing to the now seller proposing to move abroad.        

 

HOURS:                     Sunday 10 am to 10.30 pm. Monday to Thursday 10 am to 11.30 pm. Friday and Saturday 10 am to midnight.

.

EQUIPMENT:            Fully equipped for the trade including high tech sound system for live music (available separately) 5 bar fridges, an ice machine, a glass washer, furniture, etc.

 

COMMENTS:            There is consent for Notting Hill Carnival bar only with the sound system to be used outside the premises.

 

TENURE:                   Renewable 25 year lease from 24 June 1997 with 3 yearly rent reviews at the current rent of £50,000 pa. Rates £22,000 pa payable.

 

VIEWINGS:                     By appointment only.

 

NEGOTIATIONS:     Strictly through PEGASUS BUSINESS SALES on 020 7935 3939

Seller Details
Telephone: Login to view
Agent Name: Login to view
Advert Reference: Login to view
Listing Details
Leasehold Price: £295,000
Tenure: Leasehold
Sector: Bars, Pubs
Financials
Annual Turnover: £4,000
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • Offers Invited
  • Accounts Available
  • Prime Location
  • Fully Fitted
  • Incentives May Be Available
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Tip:
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
FAQ:
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.
Disclaimer
The data showed regarding this advert 'ESTABLISHED BAR WITH LIVE MUSIC, NOTTING HILL, W11 - Y7650RB / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.