Refurbished Sports Bar in Preston Lancashire with Expansion Potential for Sale
Preston, Lancashire
- Status
FOR SALE
- Advert ID
626250
- Leasehold: £38,000 (Stock at valuation)
- Rent: £33,000 (£2,750 per month)
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Free of Tie Leasehold
- Fully Fitted
- Prime Location
- Close to Local Amenities
- Attractive Business
- Town Centre location
- Retirement Sale
Business Details
Sports Bar for sale Recently refurbished massive potential
This sports bar, with a Brit Pop theme, presents a lucrative opportunity for day and night-time drinkers. Situated in a prime town center location in Preston, Lancashire, it is within easy reach of city center amenities such as restaurants, takeaways, shops, and public services. The venue is strategically close to the bus station, ensuring high foot traffic, making it an attractive proposition for potential buyers.
The sports bar features a modern interior with ample seating, complemented by seven large screen TVs and projectors, ideal for watching live sports. A fantastic pool room, darts area, and arcade games provide entertainment options for patrons alongside a stage equipped with a good PA System for live music performances. The contemporary bar and conservatory sections extend to a private outdoor seating area, enhancing the overall customer experience.
Despite the kitchen being built, it is currently unequipped, which presents a significant opportunity to expand turnover through food services. All fixtures and fittings are included in the sale price, with a favorable new beer contract already in place. The venue benefits from a good license with extended operating hours to boost potential revenue streams.
This business, recently refurbished, operates with a team of 15 staff including bar staff, DJs, door staff etc. It is available for a leasehold price of £38,000 with an annual rent of £33,000. Despite the competitive environment with a variety of drinking establishments in the area, the unique theme and well-equipped facilities make it stand out as a viable investment.
Due to health issues, the current owner is looking to retire and is seeking a seamless transition, offering any training required for new owners. The business does have an online presence on Facebook, which could be expanded upon to reach a wider audience. This attractive business opportunity is ideal for someone looking to enter the hospitality industry in a bustling area.
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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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