Thriving Cocktail and Music Bar in Scenic Llangollen with Untapped Potential for New Ownership
Llangollen, Denbighshire
- Status
FOR SALE
- Advert ID
631999
- Leasehold: £39,950 (Stock at valuation)
- Rent: £7,200 (£600 per month)
- Turnover: N/A
- Profit: On request
Business Details
Cocktail and Music Bar in LLangollen for sale
For Sale - A Modern Live Music & Cocktail Bar in Llangollen Denbighshire giving a very rare business opportunity in this beautiful area.
The bar has well designed red faux leather seating arranged as booths with a main room, a second VIP room and main central bar. There is space for a small dance area and to locate live musicians or karaoke.
Capacity of 50/60 people.
There is a large toilet room and an office room that could have an alternative use. Also it has a ground level stock room/ cellar and small back yard.
The bar has just been granted a late extension to its license and can now open until 2am Thursday, Friday, Saturday and midnight Sunday, Monday, Tuesday and Wednesday.
The business currently only trades part time Friday to Sunday, 23 hours per week but until recently had only been trading for 18 hours per week.
The business is now for sale due to family health reasons. It has low outgoings and will continue to trade and has the opportunity to have a new/extended 5 year lease.
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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.
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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.
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.
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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.'.
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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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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