This is an exceptional opportunity to acquire an elegant and highly regarded Lounge Bar, firmly established as a successful and profitable business, with impressive turnover and strong profitability, all presented to an outstanding standard.
Set within a former bank building in the charming seaside town of Filey, North Yorkshire, the property occupies a prominent main road position, benefiting from strong visibility, attractive footfall and a distinguished presence.
Constructed in the 1930's, this striking former bank retains a wealth of original art deco character, including the bank vault, manager's room and the clerk's room, each thoughtfully transformed into intimate and distinctive seating area that create a memorable customer experience.
The current owners have operated the lounge bar successfully since its refurbishment eight years ago and now present the business to the market only because of retirement.
Under the present ownership, the business has been carefully developed into one of Filey's most desirable drinks destinations, with a reputation built around handcrafted cocktails, premium wines and champagnes. Appealing to a discerning clientele of tourists, second home owners and affluent retirees, it enjoys a loyal following and demonstrates a consistent year-on-year growth.
At present, the business operates on just four days per week due to personal choice, presenting a compelling opportunity for further growth through extending opening hours and the introduction of an enhanced bar snack or food offering.
A rare Coastal Hospitality Opportunity of Distinction
