Stunning Wine Bar and Bistro in Prime Hull Location For Sale
Hull, East Riding of Yorkshire
- Status
FOR SALE
- Date Submitted:
07/10/20
- Advert ID
267594
- Reference
585342 / Rightbiz
- Call Agent:
- Leasehold: £139,950
- Turnover: £450,000 (£8,654 Per week)
- Net Profit: Not Applicable
Business Details
Licenced Trade, Pubs & Clubs For Sale in Hull
STUNNING WINE BAR AND BISTRO in Hull for Sale.This ultra-chic and sophisticated venue is one of the most popular in the vibrant bar and restaurant scene in the city of Hull. This is by far the best location in Hull, amongst trendy cafes, bars, restaurants, galleries, craft and fashion shops, attracting hundreds of thousands of students, tourists, shoppers and revellers every year. Annual Turnover £450,000. The venue is spectacular, with so much attention to detail. The investment into the conversion was colossal - and it shows, with a cleverly designed mezzanine floor, rooftop terrace and impressive feature staircase. Stunning bar sets the mood for fancy cocktails and quality wines, in casual surroundings that combine contemporary design and a fascinating historic backstory. Most recently, the upstairs dining room has been very popular as a small wedding venue and it is perfectly suited to accommodate private functions, as the commercial catering kitchen is located on this floor, as is the access to the open rooftop terrace. The bar bistro would be suitable for any manner of theme or cuisine and briefly comprises impressive and attractive frontage over ground and first floor. Full width, fully folding glass doors and entrance to ground floor table seating (currently set for 46 but can comfortably accommodate more) and long bar, exceptionally well-fitted, equipped and stocked. Utility kitchen, equipped with commercial dish washer, commercial refrigeration and staff lockers. Short corridor from seating area leading to beautifully appointed ladies and gents WC’s. Wide, raw steel, bespoke staircase, open plan and leading to the upper mezzanine floor dining area (currently set to accommodate 44 covers) with open aspect gallery view to the bar bistro below. Fully equipped commercial kitchen with pass, wait station and EPOS desk. Bottle and wine chillers. two tower Draft Beer dispenser. Additional unisex WC. Short corridor leading out to the open roof terrace (seating for 20). Externally - Table seating is permitted in front of the premises (currently arranged to accommodate 16 guests).
Stock £5,000. EPC Band F.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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