Micro Bar in Guisborough with mixology and coffee, featuring outdoor seating for events.
Guisborough, North Yorkshire
- Status
FOR SALE
- Advert ID
659505
- Reference
227235036 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Rent: £8,400 (£700 per month)
- Turnover: On request
- Profit: On request
Business Details
Business For Sale: Micro Bar In The Heart Of Guisborough
Parker Barras are delighted to offer for sale this , fully fitted ,wonderful micro bar in the heart of Guisborough, located at 53 Church Street, Guisborough, TS14 6HG.
Currently trading as The Twisted Peel, the bar operates as part of a local franchise. As a result, any purchaser will be required to change the name of the venue.
The bar specialises in mixology, whilst also offering coffee sales during the earlier afternoon. In addition, the venue provides an intimate setting for private functions, with an internal capacity of up to 40 people.
Opening Hours
The business currently trades five days a week, closing on Mondays and Tuesdays. Its opening hours are as follows:
Monday: Closed
Tuesday: Closed
Wednesday: 3:00 pm 11:00 pm
Thursday: 3:00 pm 11:00 pm
Friday: 3:00 pm 12:30 am
Saturday: 12:00 pm 12:30 am
Sunday: 3:00 pm 11:00 pm
Outdoor Seating
The bar benefits from an excellent outdoor seating area, offering scope for a new owner to further develop the offering and potentially increase sales and takings.
Lease Details
The property is currently held on a lease for a term of three years commencing in July 2025. It is understood that a new lease, on terms to be agreed, will be offered to a purchaser.
Annual Rent: £8,400 per annum.
Business Rates
Rateable Value: £7,600.
The property may qualify for business rates relief, subject to eligibility. Interested parties are advised to seek independent advice from the local authority regarding their individual circumstances.
Asking Price
Business for Sale: £35,000
Please note that any purchaser will be required to change the name of the venue.
Reason for Sale
The business is being offered for sale due to the current owner's other business commitments.
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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.
Be safe, use a Rightbiz Solicitor
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