Superbly Fitted Wine Bar Closed At Present For Sale

Business description

Outstanding opportunity to acquire a well fitted Wine Bar, at present closed, in our opinion there is potential to re-open as a Wine Bar or indeed to establish a Restaurant business, in view of the excellent main road trading position and in our opinion there is potential for a numer of cuisines.

IMPRESSIVE WINE BAR. Ground floor with tiled floor. Air conditioning/heating (on lease agreement to be taken over). Attractive bar with 5 high chairs. In addition there are tables plus armchairs providing seating for 10 persons. Bar with 1 double door glass fronted counter fridge, 1 3-door glass fronted counter fridge, computerised till. CCTV system with 5 cameras, 1 monitor plus recording.

Ladies'/disabled cloakroom with w.c. and wash hand basin

Front staircase to basement. Additional seating area with ceramic tiled floor. 2 coffee tables plus upholstered bench seating providing seating for an additional 12 persons.

Gentlemen's cloakroom with w.c. and wash hand basin

Basement kitchen with non-slip floor. Fully equipped including 6-burner gas cooker, deep fryer, stainless steel fridge, fridge/freezer, chest deep freeze, charcoal grill, salamander grill, double sink and drainer etc.

There is an additional staircase from the kitchen area to the ground floor bar area.

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON, SW

Other information

Expansion potential:

As stated the business is at present closed, however, in our opinion offers tremendous potential for further development either to re-open as a wine bar or indeed as a Restaurant.

Reasons for selling:

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS £10,000 SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

-

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.