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Established High Street Bar Near Sheffield City Centre For Sale

sheffield, South Yorkshire, UK
Asking Price:
£34,999 Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
Under £50K

Colourful Dive Bar on a main axis road a few minutes from Sheffield city centre near a major football ground. Near shops. Lively area with a large student population.

Traditionally a "go to" destination for young people interested in the music scene. Recognised gig and DJ venue. Popular with football crowds on match days.

Popular party venue - birthdays, hen/stag parties, wakes, wedding receptions, baby showers etc.

Covered outdoor terrace/smoking area

Fully equipped kitchen with food-grade stainless steel racking/storage, a large professional oven & hob, fryer, ice machine, double sink, hand wash sink, and large fridge-freezer and stand alone freezer allowing in-house food offering or arrangements with neighbouring fast-food/takeaway establishments.

Very popular pool table, owned, not leased, so all proceeds go direct to bar.

Sale includes all bar and coolroom equipment, all fixtures and fittings, all indoor and outdoor furniture plus the pool table.

Property Information

Property:

Leasehold

Lease Terms:

5 years until 4Jun 2031. Lease may be reassigned without Landlord permission.

Leasehold Rent:

£17,210 per annum

Location:

Prime high street location on main axis near Sheffield city centre

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Departure key employee

Trading hours:

Wed- Sat with possibility of extending.

Employees:
One plus casual staff as necessary
Years established:
10+

Other Information

Support & training:

Current owner prepared to give advice, support and business contacts.

Furniture / Fixtures value:
£25,000
Inventory / Stock value:
£1,000 - included in the asking price