Bar and nightclub for sale

Leasehold Bar & Restaurant Located In Bodmin

0121 721 6440

Call

Save

Bar and nightclub

0 bed

0 bath

Property description & features

Leasehold
Bar & Restaurant
Established Business
Further Potential
Town Centre Location

Leasehold Bar & Restaurant Located In Bodmin
Prominent Town Centre Position
Ratings / Facebook 5 / TripAdvisor 5 / Google 4.6
Ref 2681

Location
This established Bar & Restaurant is located in the Cornish town of Bodmin. The town has just gone through a major regeneration project linking the very popular cycle paths of Bodmin with Wadebridge & Padstow. Its conveniently positioned in the centre of the county just to the south west of Bodmin Moor. To the North is the coastal town of Bude (approx 26 miles). Bodmin sits alongside the A30 dual carriageway, the main link for Cornwall and Devon. Travelling East on the A30 leads to Devon the city of Exeter (62 miles) can be reached within 1 hour and provides intercity rail links, an airport and the M5 motorway. To the west is Cornwall with Truro being Cornwall's only Cathedral town (approx 27 miles).

Asking Price: £29,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Bar & Restaurant which is located in Bodmin. The business has been established for over 17 years and has been in the careful hands of our clients since 2019 and is now being offered for sale so that they can concentrate on other business interests.
Since ownership they have undertaken complete refurbishment of the Bar & Restaurant and continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Hive is owner operated and employs the help of 7 part time members of staff and has an annual turnover of circa £250,000. They serve a fine range of craft beers, cocktails, local coffee as well as amazing pizzas, meat balls, cheese boards and nachos. The kitchen is fully fitted with all the latest equipment and would easily cater for any culinary changes by new owners. The extensive outside seating area is very popular during the very busy holiday season.
We believe that there is potential to increase revenue by extending the opening times and days and expanding on the current food offering. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Tuesday - closed
Wednesday - Sunday - 4:00pm - 10:00pm

Leasehold
Term: 15 years
Remaining: 10 years
Rent: £12,600 pa
Rates: Zero

Ground Floor
Restaurant (5.8m x 8.0m) comprising: 9 tables with chairs to cover (32), breakfast bar with 4 stools, various pictures and bench seat.
Bar (6.3m x 5.1m) comprising: 2 under counter drinks fridges, EPOS till, music system, wash basin, sink with drainer, coffee grinder (UCC), espresso coffee machine (Appia), ice machine, various shelving, drink mixer dispenser, drinks fridge (logic) and wine chiller.
Men's W/C with 2 urinals and wash basin.
Ladies with 2 x W/C's, wash basin, wall mounted mirror, baby changing room with wall mounted baby changing unit.
Kitchen (7.2m x 3.7m) comprising: stainless steel toaster, 5 x stainless steel prep tables, wall mounted microwave (Menu master), salamander grill (Blue Seal), double pizza oven on a stand (Prisma Food), extraction canopy, 4 door fridge freezer (Polar), wash basin, upright fridge on wheels (True), wire shelving unit, 3 door chiller unit with granite work surface and salad bar and stainless steel table with hot lamps.
Pot wash & prep area (2.7m x 4.5m) with 4 x stainless steel prep tables, dishwasher (Comenda), glass washer (Class EQ) and boiler.
Cellar (3.0m x 4.0m) with all the usual requirements.

External
12 tables with seating to cover (32), 4 bar stools with table, 2 heaters, and outside bar.

EPC Rating E

Show full descriptionHide full description

Visit agent website

Places of interest

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

Request viewing/info

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

Visit agent website

Visit Agent's properties

See more properties like this:

*DISCLAIMER

Property reference 2681. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on March 28, 2022

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on March 28, 2022

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.