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Licensed Bar Opportunity With Live Music In Tynemouth For Sale

Tynemouth, Tyne and Wear, UK
Asking Price:
£2,500 pcm Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

Opportunity to take on a ground-floor licensed bar premises in Tynemouth, Tyne and Wear, with rent of £1,638 per calendar month and furniture and fittings available for £2,500per calendar month.

The bar provides indoor and outdoor seating for approximately 40 people and benefits from a live music licence and a late licence on Fridays and Saturdays.

There is potential to utilise the communal area and stage for a variety of events, together with the additional possibility of taking on the front terrace.

The £2,500 figure relates to the furniture and fittings and is not the purchase price of the business. The premises are available at a rent of £1,638 per calendar month.

Property Information

Property:

Leasehold

Lease Terms:

Rent of £1,638 per calendar month and furniture and fittings available for £2,500per calendar month.

Leasehold Rent:

£19,656 per annum

Premises Details:

Ground-floor licensed bar with indoor and outdoor seating for approximately 40 people. The premises has a live music licence and a late licence on Fridays and Saturdays.

There is a communal area and stage which may potentially be utilised for events, together with the possibility of taking on the front terrace.

Business Operation

Expansion Potential:

Potential to utilise the communal area and stage for a variety of events, with the additional possibility of taking on the front terrace.

Other Information

Support & training:

Late licence on Fridays and Saturdays.