Wine And Spirit Merchant With Bar In Bromsgrove For Sale

  • $88,000

Overview

  • Business services, Services
  • Property Type

Description

Bromsgrove,

Worcestershire, UK

Asking Price:
£89,000
Furniture / Fixtures included
Turnover:
£324,000
Net Profit:
Under £50K

Well established and popular wine and spirit merchants with bar at the back has come on the market. It is rare opportunity to purchase easy run business which can be run by owners or left for staff to run.

Business has been established over 6 years ago and has grown since to become one of the most popular shops in the town. At the back of the shop is located cocktail bar with 20 covers and further 35 covers upstairs. Upstairs room is also used for private functions and tasting evenings as well as used for meetings during the day.
Business has got big potential to expand bar side and has got space for seating outside at the back for extra 20 covers, although it has got 2 tables at the front already.
Business is run by 2 full time and 3 part time staff members.
Opening hours Monday to Thursday 9.30am till 5pm and Friday and Saturday 9.30am till 10pm, Sundays Closed
Alcohol license for on and off trade is till 1am and trading hours can be extended.
Comes with car park at the back for 3 cars.
Small Business rates discount applies.
Asking price £89,000 + SAV (stock amount around £59,000)

For more information, please contact us by using the form below.

Property Information

Property:
Leasehold
Lease Terms:
5 years with 3.5 years remaining
Leasehold Rent:
£17,500 per annum
Location:
High Street, Bromsgrove, Worcestershire
Premises Details:
Grade 2 listed building with new shop front and lost of original features upstairs. Property has got car park at the back for 3 cars and delivery bay as well as extra space for storage or setting up seating area at the back. Property also benefits from big loft for storage.
Planning Consent:
A1 with Alcohol license for On trade and Off trade. License till 1am

Business Operation

Expansion Potential:
Potential to expand bar seating area at the back for extra 20-30 covers. Possibility to do more tasting evenings and private events as it hasn’t been advertised much. Potential to open on Sundays and one extra evening for bar.
Competition / Market:
No direct competition in the town that offers the same products
Reasons for selling:
Moving to other interests
Trading hours:
Monday to Thursday 9.30am till 5pm

Friday and Saturday 9.30am till 10pm
Sunday Closed

Employees:
4
Years established:
6

Other Information

Support & training:
Full support and training will be given
Furniture / Fixtures value:
£20,000 – included in the asking price
Inventory / Stock value:
£59,000

Source link

Address

  • City Hong Kong

Details

Updated on January 26, 2023 at 4:31 pm
  • Price: $88,000
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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