Licensed Cafe Lounge Bar for Sale in Worthing West Sussex with Versatile Space for Events
Worthing, West Sussex
- Status
FOR SALE
- Advert ID
637553
- Leasehold: £80,000 (Stock at valuation)
- Rent: £12,500 (£1,042 per month)
- Turnover: £130,000 (£2,500 per week)
- Profit: On request
Key Features
- Accounts Available
- Established Business
- Prime Location
- Small Business
Business Details
Licenced Cafe Lounge Bar in heavily populated residential and Commercial area
Karma Lounge is a modern and versatile event space located in the heart of Worthing, West Sussex. Designed with elegance and flexibility in mind, the venue caters to a wide range of occasions including private parties, weddings, corporate functions, live entertainment, and cultural gatherings.
Key Highlights:
Prime Location: Situated in central Worthing with excellent transport links and strong local footfall.
Stylish Interiors: A contemporary design featuring premium finishes, ambient lighting, and a sophisticated atmosphere.
Versatile Layout: Adaptable floor plan suitable for both intimate gatherings and large-scale events.
Fully Licensed: Licensed bar facilities with potential for food service and outside catering partnerships.
Turnkey Operation: Ready to operate immediately, with branding, fixtures, and fittings included.
Growth Potential: Expanding demand for event spaces in Worthing makes this an attractive business opportunity.
The Opportunity
Karma Lounge presents an exciting chance for an investor, operator, or hospitality entrepreneur to acquire a well-positioned and stylish venue with strong potential for revenue growth. With Worthing’s rising popularity as a coastal destination, the Lounge is perfectly placed to capture both local and regional demand for high-quality events and nightlife experiences.
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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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