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Popular Bar Venue With Craft Ale Cellar For Sale

Shipley, West Yorkshire, UK
Asking Price:
£75,000
Turnover:
£299,000
Net Profit:
Undisclosed

POPULAR BAR VENUE WITH CRAFT ALE CELLAR in Shipley for Sale.

A very popular and unique drinking venue located on a busy high street leading from Shipley train station to the town centre of this thriving market town with lots of footfall to its vibrant bar and dining scene. Shipley train station is a busy rail hub with direct links to Skipton, Ilkley, Bradford and Leeds. The UNESCO World Heritage Site of Saltaire village is just an easy half mile walk away. Established in 2013 and well renowned for its huge choice of British and European beers, lagers and ales, the venue also has its own small batch brewing operation in the cellar. The owner has a brewing and distilling background and is happy to transfer his knowledge to new owners should they wish to continue brewing ale at fantastic, free of excise duty, profit margins. Primarily a meeting and drinking venue, but with the added brewing element. The owner currently distils his own brand of gin, as well as craft ale, but this may or may not be of interest for new owners to continue. Weekly turnover £5,500 to £6,000. The business would suit a hands-on owner or couple, or an expanding regional operator. The business has a very strong and regular customer base from within this densely populated market town, but also from the many commuters wishing to imbibe post work drinks. The schedule of events is always a popular draw. The business offers potential for growth too, as it only trades evenings Monday to Thursday, and from 2pm weekends. There is scope to open mornings and offer coffee and breakfasts to commuters, televise sporting events, or offer bottomless brunches. Our client owns the property and therefore is flexible with regard to the lease terms and would even consider offers for the freehold interest in the whole building, which includes five flats producing a combined rental income of £24,000 per annum. A first refusal purchase option could be written into the lease.

Midst a parade of shops and businesses on busy Briggate in Shipley, just a few steps from the all entrances to Shipley train station.
Ground floor: The venue occupies the ground floor and basement of the property, with entrances front and back. Open plan bar area with capacity for 50 customers, plus a partitioned and heated beer garden built on to the rear of the property accommodating 20. There is a small kitchenette behind the bar, capable of preparing simple bar snacks. Customer WC. The bar area is spacious and can accommodate music events such as live band performances, open mic nights and karaoke.
Basement: Accessed by stone stairs leading to a large, full height, traditional cellar. The cellar has several areas for storing kegs and bottles, as well as the micro-brewing and distillery facilities.
Stock £7,000 to £8,000 EPC Band C.

Property Information

Property:

Leasehold