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Bar and nightclub

0121 721 6440

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Bar and nightclub

0 bed

0 bath

Property description & features

Leasehold Bar
Pool Tables & Comedy Venue
Free of Tie
Scope to Increase Opening Hours
Further Potential
Busy Area Close to Town Centre

Leasehold Bar Located In Sutton Coldfield
Pool Tables & Comedy Venue
Free Of Tie
Ref 2958

Location
This respected Bar is located in Suton Coldfield, West Midlands. Situated within a prominent and highly visible trading position on the very busy (A5127) Birmingham Road. The immediate area offers a range of retail shops to include, cafes, restaurants and some large retailers which bring high levels of footfall to the area.

Leasehold Asking Price: £44,950 plus SAV (£2,500)

Business Description
Veritas Business sales are delighted to offer for sale this Bar which is located in Sutton Coldfield. The premises was transformed from a shell into what you see today by our client 12 months ago. They are now offering the business for sale due to the arrival of a new family addition.
Since ownership they have refurbished, redecorated and invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price, which means that any new purchaser will not need to spend any additional funds for some time. Lock Stock & Barrels is overseen by the owner but operated daily by a full time manager and 2 part time members of staff. Turnover can be discussed on application.
We believe that there is potential to increase revenue by having an owner operator at the helm along with the addition of serving in house food and maybe replacing the pool tables and machines with your own to gain 100% of income as opposed to the current 50/50 split. The business has a strong reputation within the local community and beyond and as such has a high level of regular repeat trade. This is a superb opportunity to purchase a growing turnkey business where all the hard work has been done. With this is mind it's a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - closed
Tuesday - Thursday - 16:00 - 23:00
Friday - 16:00 - 00:00
Saturday & Sunday - 12:00 - 00:00

Licensing Hours
Sunday - Thursday - 09:00 - 23:00
Friday & Saturday - 09:00 - 00:00

Leasehold
Term: 5 years
Remaining: 4 years
Rent: £300 plus vat per week
Business Rates: currently zero

Ground Floor
Bar with tables & chairs to seat (25) bar servery with 2 x 3 tap beer pumps, 4 tap cocktail pump, soft drink dispenser, undercounter beer fridge, cash register (Sam4's), wall mounted spirits rack, DJ booth, wall mounted projector screen, wall mounted TV, music/karaoke system and 2 wall mounted electric heaters.
Washroom with stainless steel sink/worktop, CCTV monitor (8 camera system), wall mounted shelf, wall mounted paper towel dispenser, ice machine and glass washer (Adexa).
Office with safe, table and wine rack.
Hallway with fruit machine and stairs leading to the first floor.
Cellar with the usual cellar requirements, wall mounted shelf and chest freezer (Statesman).
Kitchen comprising: stainless steel double sink with drainer, stainless steel table, 2 x deep fat fryers (KM), 5 pot bain-marie (Buffalo), 5 ring electric hob/oven (Flavel), 4 x wall mounted shelves, microwave (Prolex), fridge/freezer (Hisense), grill (Parry), microwave (Tower) and hot water boiler (Stiebel Eltron).

First Floor
Games room with seating for (4), kids grabber machine, cloak hook, pool table and wall mounted electric heater.
Pool room with 2 x pool tables, wooden table, tables and chairs to seat (12), fruit machine, quiz machine, 2 x wall mounted heaters and exit door leading to the beer garden. This room has capacity for (60) people when they operate comedy nights.
Storeroom.
Ladies W/C with wash basin, wall mounted mirror and wall mounted electric hand dryer.
Gents W/C with wash basin, wall mounted mirror and wall mounted electric hand dryer.

External
Rear beer garden with artificial grass, 8 x picnic tables and rear parking for (1).

EPC Rating D

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Places of interest

Veritas Business Sales - Solihull

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

0121 721 6440

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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.

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Property reference 2958. 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.

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