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City centre sports bar for sale in Wrexham with historic charm and multiple TVs.

Wrexham Town, Wrexham
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WREXHAM - CITY CENTRE SPORTS THEMED BAR Photo 1
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WREXHAM - CITY CENTRE SPORTS THEMED BARWREXHAM - CITY CENTRE SPORTS THEMED BARWREXHAM - CITY CENTRE SPORTS THEMED BARWREXHAM - CITY CENTRE SPORTS THEMED BARWREXHAM - CITY CENTRE SPORTS THEMED BARWREXHAM - CITY CENTRE SPORTS THEMED BARWREXHAM - CITY CENTRE SPORTS THEMED BAR
  • Freehold: £475,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

WREXHAM CITY CENTRE SPORTS THEMED BAR

Property:

The Midland is an historic pub and sports bar housed in a Grade II listed, 1912 Baroque palazzo building.  The Gothic style building has a yellow sandstone façade with granite coupled Tuscan columns.  It is set over three storeys (plus basement), under a traditional Welsh slate roof.

The property sits in a prime location on Wrexham’s main drinking circuit and has an approximate total floor area of 8,690 sq ft. The premises formerly operated as the Midland Bank.

Grade II listed building with open plan trade space offering seating for 100 , with sprawling BAR SERVERY having well equipped back bar which features wash-area.  

The interior boasts a magnificent high ceiling with massive stained glass windows which fill the main room with natural light.  The interior features chandelier lighting and grand arches.  Over 30 large TV screens.  Raised STAGE AREA with pool table and darts throw.  Seating for 20.  

The walls adorned with sports memorabilia including match worn shirts and prints.

DINING AREA offering seating for 20, FOOD PREPARATION AREA with refrigeration and display units.   Walk-in fridge, dumb waiter.  PREPARATION ROOM. Disabled access TOILETS.

FIRST FLOOR
Two store rooms.

SECOND FLOOR
Large COMMERCIAL KITCHEN having Altro floors, walk-in fridge/freezer.  Fully equipped with catering effects and appliances.  Store room.  LADIES’ & GENTLEMEN’S TOILETS.

BASEMENT
CELLAR featuring KEG ROOM, barrel store, spirits store and CCTV room.

EXTERNAL
Seating to the front of the building for 24.  To the rear is an enclosed sheltered smoking area (20).
 

The Business:

The Midland is currently closed.  It previously traded as a sports bar which, during the day, focused on being a casual, spacious venue for food, family dining and daytime sports fixtures.  At night and at the weekends, it was transformed into a full-scale nightclub and disco venue which featured karaoke, DJ sets and live entertainment.

This is an opportunity for an experienced operator to acquire a turnkey business in a growing North Wales city.  

No trading information is available and prospective purchasers will have to reach their own conclusions as to the potential profitability of this outlet.

 

Location:

The Midland is located in the heart of Wrexham on the main city centre drinking circuit and is surrounded by a wide variety of retail and hospitality outlets.  The city is located between the Clwydian mountain range and the Lower Dee Valley, neighbouring the county of Cheshire.  It has a population of 61,000.

Wrexham is a busy city and includes cultural and historical treasures such as the 16th century Gothic church of St Giles and 1200 acres of National Trust land.  It is also within easy reach of Pontcysyllte Aqueduct and the charming market town of Llangollen.   In recent years, the city’s profile has been raised by the Hollywood owners of Wrexham AFC; their involvement in the club has generated lots of interest and has brought more tourists to the city.  

Wrexham is orbited by a ring road, the A525, which links to the A483.  The latter provides access to Chester and the North, and Oswestry and the South.  In addition, the B5430 connects to the A494 providing routes to North Wales coastal locations and Snowdonia National Park.  

 

Tenure:

FREEHOLD £475,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

 

Seller reference: 96794

 

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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.

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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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