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CONFIDENTIAL
FOR SALE
618547
Description
The bar is an independently run cocktail bar, located in the heart of Wolverhampton City Centre. The bar, which has two fully kitted out floors with different themes, along with a spacious cellar and office space, has been a staple of Wolverhampton’s nightlife scene for the last 25 years, having had a major renovation and update in recent years attracting both students and weekend crowds. Known for being one of the city’s most vibrant yet affordable and enjoyable nights out, drink prices are exceptionally reasonable.
The bar is well regarded within the local and wider community, as reflected in its excellent ratings and strong organic social media followings.
The current business owner has multiple bar interests, prompting the sale of this bar in order to scale back to a more manageable workload. This is an ideal opportunity for a full-time owner-occupier to give the business the new energy it deserves. The bar boasts a valuable 7-day premises license, allowing trading until 5am. All the hard work has been done, making this an ideal bolt-on for any existing operator or a great entry point for any new bar owner wanting to enter the market. There is huge potential for any new owner operator to take this venue to the next level. This is a superb opportunity to obtain a fully fitted and ready-to-trade venue, and early viewing is highly recommended as this opportunity is not to be missed.
• High football and theatre trade
• Separate street access to basement level cellar of the premises
• Enviable location in the heart of Wolverhampton City Centre
• Well established concern with a loyal customer base
• Quality fit out
• Potential for residential accommodation above
• profitable business (accounts on request)
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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The data showed regarding this advert 'CITY CENTRE COCKTAIL BAR ' 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.