Property Information
Address:
Stoke-on-Trent, Staffordshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489614
Property Ref/Agent: 1554-leasehold-licensed-bar-in-staffordshire
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe welcomes to the market Bar 19.
The business has been under the careful control of our client for the past seven years, and reluctantly comes to the market due to family commitments.
In 2006 the venue closed for major refurbishment resulting in the emergence of the stunning, Bar 19.
This is a wonderful opportunity to own this superb 'free of tie', town centre business. Bar 19 benefits from superior fittings and equipment throughout.
Currently the business consists of 100% wet trade, we believe should the new owners choose to introduce the sale of food into the business; profits would certainly excel to the next level.
Presently, the business is run at a pace to suit our client, opening three evenings per week, we believe the potential expansion for Bar 19 is absolutely limitless.
The first floor could quite easily be converted, at no great expense, into accommodation or a function room, generating yet further income.
Bar 19 is a very popular venue with the locals and visitors' alike offering superb, tastefully decorated surroundings in which to relax and enjoy a game of pool, darts or relax on the comfortable leather sofas to watch TV.
Bar 19 also hosts regular karaoke evenings.
Naturally, we would highly recommend viewing this quality business which genuinely comes to the market due to our client's family commitments.TENUREWe are advised the business is Leasehold.
Original lease length: 15 years, with 9 years remaining.
Rent: 1560.00 per month.HOURSThe business currently trades;
Monday Closed
Tuesday Closed
Wednesday Closed
Thursday
7.00 pm. to 12.00 am
Friday 7.00 pm to 1.00 am
Saturday
7.00 pm to 1.00 am
Sunday ClosedSTAFFThe business is owner run and managed with the assistance of two members of staff.FINANCIAL PROFILEThe business generates a turnover in the region of 82,248 per annum, with a gross profit of approximately 60%.
;