Established Bar and Kitchen Venue on Whiteladies Road, Bristol for Sale
City of Bristol, Bristol
- Status
FOR SALE
- Advert ID
627491
- Leasehold: £75,000 (Stock at valuation)
- Rent: £40,000 (£3,333 per month)
- Turnover: £325,000 (£6,250 per week)
- Profit: On request
Key Features
- Ideal for Full Refurbishment
- New Lease
- Split Level Trading Area
- Prime Location
Business Details
Bar and kitchen venue for sale on whiteladies road, Bristol
The assignment of the lease along with the fixtures and fittings of a well-established bar and kitchen venue is now available for sale. Located in a prime position on Whiteladies Road, Clifton, Bristol, this business is being offered at a premium price by our agents, Maggs and Allan.
This spacious establishment covers approximately 3,000 square feet across the ground floor and basement. It features an inviting outdoor seating area, complemented by attractive decor and an elegant interior designed for a cozy dining atmosphere. The venue is also ideal for hosting private events and gatherings. Established 14 years ago, the business has consistently attracted patrons thanks to its excellent location on a busy street with nearby shops, restaurants, and both commercial and residential properties. Although there is significant competition in the area, this venue remains a popular choice among patrons.
The current turnover of the business stands at £325,000, with an annual rent of £40,000. The leasehold is priced at £75,000. The sale includes a fully fitted premise, which is well-suited for refurbishment by the new owner. It features an open-plan trading area and a split-level design, offering versatility and opportunity for creative reimagining.
The sale does not include the business's name or trading name. The current owner, who has managed the business for 14 years, is seeking to assign the lease due to a change in professional direction. Nonetheless, the business maintains a strong online presence through its website and social media platforms, further expanding its reach and customer interaction.
Offers are invited for this free-of-tie leasehold opportunity. It's an excellent chance for prospective buyers to step into a well-run operation in a thriving neighborhood, ready for the next phase of growth and development.
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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.'.
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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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