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Cocktail Bar & Live Music Venue in Dartmouth Devon for Leasehold Sale at £99,500

Dartmouth, Devon
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COCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUE Photo 1
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COCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUECOCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUE
  • Status

    FOR SALE

  • Date Submitted:

    01/06/23

  • Advert ID

    514112

  • Reference

    V35794N / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £99,500
  • Turnover: £249,609 (£4,800 Per week)
  • Net Profit: Not Applicable

Business Details

COCKTAIL BAR & LIVE MUSIC ENTERTAINMENT VENUE



Unique LICENSED PREMSIES (Free of Tie), and thriving business proving most profitable, from 4 days trading each week. A very versatile property, offers a stunning BAR, provides LIVE MUSIC/ENTERTAINMENT, benefiting from KITCHEN facilities enabling a food offering to be introduced. A destination business occupying sought after DARTMOUTH town centre trading position, lying a stone's throw from the river from where boat trips depart, benefiting from a valuable riverside alfresco bar/seating area, surrounded by other popular businesses ensuring considerable foot flow, in particular during the very busy summer months.

Deceptive premises, internal viewing considered a must, presented and fitted out to the highest of standards at considerable cost. Stylish air-conditioned bar/lounge/entertainment area, capacity 100, benefiting from stage and full AV system. Impressive bar servery with cocktail station, ancillary store/preparation/kitchen with extraction unit albeit not currently utilised, customer cloakroom facilities, plus the additional outside seating area. Enjoys favourable overheads, rent £230 per week plus outside seating, and qualifies for 100% business rate relief.

A fantastic business opportunity to acquire a thriving renowned business which still offers further opportunities through additional opening hours and food offering, popular with local residents, second home owners and holiday makers. Opening favourable hours to suit owner's circumstances, trades 11 months each year, currently wet sales only. 2023 Sales £249,609 ex Vat, Gross Profit £157,910, proves highly profitable, even on a predominantly staff run operation.

Leasehold £99,500 sav (Offers Accepted), Ref: V35794N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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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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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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'COCKTAIL BAR & LIVE MUSIC ENTERTAINMENT VENUE - V35794N / 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.