Snooker/Pool Bar Freehold Available in Prime Pedestrian Location, Portchester Fareham
Portchester, Hampshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
07/11/23
- Advert ID
602284
- Leasehold: £30,000
- Rent: £20,000
- Turnover: £110,000 (£2,115 Per week)
- Net Profit: £21,000 (20% Profit margin)
Key Features
- Fully Fitted
- Central Position in Affluent Village
- Incentives May Be Available
- Established Business
- Close to Local Amenities
- Free of Tie Leasehold
- With Car Park
- New Lease
Business Details
Free of Tie Snooker Pool Bar in Portchester, Fareham
FOR SALE
Free of Tie Bar and Snooker / Pool Hall in Portchester, Fareham, Hampshire
Leasehold
Asking Price £30,000
Licenced Bar, Pool & Snooker Hall (First Floor)
Licenced Members Bar
First Floor Self – Contained
Free of Tie
Own Car Park at Rear
Great Location on Precinct perimeter, pedestrian area
High Footfall area with much passing trade
New Lease to be assigned
Annual Rent £20,000
Bar licenced until 00.30am on Thursdays, Fridays & Saturdays (later than other bars in the area)
We are delighted to offer for sale this popular licenced bar and snooker club in the centre of Portchester. Ideally located only a very short stroll from Portchester train station, we are surrounded by local shops and other independent business which create a high daily footfall to the area.
Al’s Bar has its own car park consisting of 17 spaces located at the rear of the property.
Al’s Bar is a well established business on the verge of celebrating its 40th anniversary. Having been established in 1984, Al’s Bar offers a unique opportunity to purchase a members only bar in the heart of the village.
Al’s Bar currently boast a thriving 360 members.
The business is offered for sale on a Leasehold basis including all fixtures and fittings for an asking price of £30,000
Premises briefly comprising of;
First Floor self-contained Bar and Snooker / Pool Hall (capacity 120 persons)
Internal Stairs from street level
Open Plan Bar and snooker / pool area
Tables, Chairs & Bar Stools
3 x Snooker Tables
3 x Pool Tables
2 x Dart Boards
Pool and Snooker Table lights
Micro-Lite Computer
Suspended Ceiling (with spare tiles)
Raised Bar Area with Bar servery – 6 Taps
Cellar
Cooler
Glasswasher
Double and Single Bottle fridges
Rear Spirit Shelving
CCTV
EPOS system
2 x TV's
TNT Sports Subscription
Double Sink with draining board
Separate Single Sink
Fridge
Freezer
Gas Central Heating
Gents Urinals and WC
Female WC x 2
Store Rooms x 2
Map
Listing Statistics
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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.
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