Two Profitable Cocktail Bars & Nightclubs in Bradford's City Centre For Sale
Bradford, West Yorkshire
- Status
FOR SALE
- Advert ID
622455
- Reference
B08382 / Rightbiz
- Call Agent:
- Leasehold: £149,950
- Turnover: £180,000 (£3,462 Per week)
- Net Profit: Not Applicable
Business Details
Two Profitable Cocktail Bars & Nightclubs For Sale
BusinessPlease quote reference B08382
CoGoGo presents an outstanding opportunity to acquire two thriving cocktail bars and nightclubs located in the prime, high-footfall area of Bradford.
These well-established venues, beloved for their unique atmospheres and exceptional offerings, are now available for sale.
Nestled within the historic Sunbridge Wells underground arcade, both bars are within an exceptional venue that attracts locals and tourists alike. These vibrant cocktail bars reside in a restored network of historic city tunnels, housing a mix of 8 pubs, bars, and food outlets. The atmospheric charm of the tunnels provides a unique backdrop, blending history with modern nightlife.
Situated in a high-footfall area, both bars enjoy excellent visibility and accessibility, bolstered by its proximity to Bradford's bustling city centre. With a loyal customer base and a consistent flow of new visitors drawn to the arcade's eclectic appeal, the bars have established themselves as a must-visit destination.
They benefit from the area's reputation as a nightlife hotspot, ensuring a steady stream of patrons seeking unique drinking experiences. Its innovative approach to mixology, paid with a reputation for quality, has cemented its status as a staple of Bradford's bar scene.
Opportunities for Growth:
Both venues present exciting growth potential. Adding themed events could capitalise on the venue's atmospheric appeal. Expanding food offerings through partnerships with other arcade vendors could boost revenue. The new buyer can also host cocktail masterclasses, collaborating with local DJs or artists for themed nights, and increasing social media marketing could further enhance customer engagement and loyalty.
Why Invest?
These bars boast a prime location, a unique setting, and a loyal customer base, with room to grow through strategic initiatives. Whether you're looking to expand an existing portfolio or enter the hospitality market with thriving ventures, these bars represent lucrative opportunities in Bradford.
Take advantage of this rare chance to own two successful nightlife venues with immense character and potential.
Location
Not Guilty Bar & Guilty Bar are both located within the same building at Millergate, Bradford BD1 1SD.
Premises
Underground arcade featuring 8 unique pubs, bars, and food outlets, set within beautiful restored historic city tunnels.
Tenure
Both opportunities are being sold on a Leasehold basis.
Not Guilty Bar - 2-year lease and runs out on the 3rd of March.
Guilty Bar - 1-year rolling lease.
Hours
The current operating hours can be made available upon request.
Staff
The business is run and managed by our client.
Further staffing details can be made available upon request.
Financial Profile
We are advised both businesses generated a combined turnover of £180,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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