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Leasehold Licensed Bar in Staffordshire

Stoke-on-Trent, Staffordshire

£13,995

Ref: 1554 E

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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.

Tenure

Leasehold

We are advised the business is Leasehold.

Original lease length: 15 years, with 9 years remaining.

Rent: £1560.00 per month.

Hours

The 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 Closed

Staff

The business is owner run and managed with the assistance of two members of staff.

Financial Profile

The business generates a turnover in the region of £82,248 per annum, with a gross profit of approximately 60%.

Location

Bar 19 is located in Cheadle, Staffordshire.

Cheadle is a small market town near Stoke-on-Tent, Staffordshire, with a population of approximately 12,200 according to the 2001 census.

Cheadle is roughly 11 miles from the city of Stoke-on-Trent, 50 miles north of Birmingham and 50 miles south of Manchester.

The famous Alton Towers theme park is only 5 miles away.

The business is located on Bank Street (A521) and is easily accessible from the M6 Motorway.

Premises

Bar 19 occupies an impressive, two storey, double fronted, detached building.

The ground floor of the business houses the extremely well presented and furnished open plan bar area, with a combination of quality, slate and wooden flooring, complimented by an array of leather sofa seating.

The bar benefits from having a large TV, projector TV, recessed spotlights, all complimented beautifully with the integrated sound and light system.

The bar server has 9 dispenser points, double chiller, single chiller, EPOS, glass washer and optics display.

Also on the ground floor are 3 x electronic games machines, pool table, two dart boards and the ladies and gents w.c.

The first floor houses; three large store rooms (which has the potential to be converted into accommodation or a function room), bathroom and kitchen.

The cellar is located to the lower ground floor.

Externally, two well presented benches are positioned in the forecourt area of this attractive property.

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