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Free Of Tie Real Ale Bar Langley Mill For Sale

Nottingham, Nottinghamshire
Asking Price:
£65,000
Turnover:
£231,240
Net Profit:
Available on request

Our client is also selling The Codnor Inn; our reference 14209. The Codnor Inn is located in Ripley, Derbyshire.

The Bunny Hop Ale House operated by the current vendor for a couple of years, has established itself as the must go to venue within Langley Mill and the surrounding area.

Based on a 1940’s and 50’s ale house the business serves a great range of beers wines and spirits as well as really focusing on the popular real ale contingent. The site is set firmly on an upwards trajectory with the current operators having established themselves within the community, with the venue going from strength to strength.

The premises are decorated with period memorabilia creating a great atmosphere which has spread locally enabling the site to generate a healthy turnover and gross profit.

The site is spread across two floors with there also being a large beer garden with an additional outside bar, being used to service this area during busy periods and at weekends. The site offers a remarkable opportunity for a new operator to capitalise on the success of the business and to put their own spin on things to take the site to the next level.

The site is privately owned and free of tie giving the new operator autonomy and flexibility in sourcing products and steering the business in a profitable direction. A rare and exciting business opportunity which would suit a private individual, brewery or multi-site operator.

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £1,122.35 per month.

Just over 3 years remain on the lease, as of Oct 2017.

Property information

Property:

Leasehold

Living Accommodation:

Semi-detached corner plot spread over two floors.

On entry is the large open seating area and bar. There are ample covers in this space with double doors leading to the bar garden. Stairs from the main bar lead to further seating on the first floor.

WC’s to the first floor and disabled WC to the ground floor.

Large beer garden to the rear with outside tables and seating under umbrellas. Wooden under cover decking area with additional seating.

Tables and chairs throughout the site, bar with shelving units and bottle display units.

Location:

Situated towards the end of Cromford Road in the sought-after area of Langley Mill, Nottingham.

The site sits on a corner plot just off the A610 ring road and is easily accessible by car, bus and on foot with the train station also being just 0.2 miles away.

The site sits amongst other businesses in this popular area and benefits from an enviable position in the town.

Business Operation

Trading hours:

The opening hours:
Monday to Wednesday: 4pm to 9pm

Thursday: 12pm to 10pm

Friday & Saturday: 12pm to 11pm

Sunday 12pm to 10pm

Employees:
The business is being managed by the current vendor with the assistance of 5 x part time members of staff.

Contact Broker

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