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Popular Sports Bar Aldridge West Midlands For Lease

Aldridge, West Midlands, UK
Asking Price:
£54,950 Furniture / Fixtures included
Turnover:
£260,000
Net Profit:
Available on request

City Business Brokers are pleased to bring to the market this well-established Sports Bar which enjoys all the considerable commercial advantages of a fantastic trading position among other vibrant outlets in the busy town of Aldridge, being ideally located in a precinct in Aldridge town centre close to all local amenities. There is some parking to the front of the premises and plenty of town parking nearby.

Fitted and presented to high trade specifications throughout, these well-maintained leasehold premises provide excellent and highly functional internal business accommodation. The Ground Floor consists of an inviting glazed double fronted public entrance directly off the main street into a welcoming open-plan lounge with Bar Area, tables and seating and 4 large flatscreen TVs. On the First Floor is a Function Room, which is Free to book, with dedicated Bar Area, tables, seating, air conditioning and large flatscreen TV. In total, the premises can comfortably seat 120. To the exterior, the premises are well signed and presented and afford ample and inviting display window space on to a high footfall metropolitan retail thoroughfare, in addition to an incorporating a good-sized private service yard area with separate rear access.

Note: There is currently no kitchen facility available.

The premises has a late-night licence and is fitted with CCTV throughout.

The business serves a variety of alcoholic and non-alcoholic beverages and operates a Happy Hour Monday to Friday from 6.00pm.

The business would benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some 5 successful years ago by the current owners. Ideally, the business should be owner/couple-run to maximise profits. There is plenty of potential with regard to the Private Function Room for parties, special occasions, meetings, etc. We would strongly recommend the earliest possible viewing to avoid disappointment.

Current turnover: In the region of £5,000 per week with huge scope to increase.

Lease: Rolling lease
Rent: The current rent stands at approximately £12,750 per annum

Trading Hours: 7 days – Monday to Thursday 12.00pm-Midnight, Friday to Saturday 11.00am-2.00am, Sunday 12.00pm-Midnight

Fixtures and Fittings: The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.

Note: Library images may have been used for display purposes

A full profile is available once a non-disclosure agreement has been signed.

All enquiries to City Business Brokers.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

Property Information

Property:

Leasehold

Lease Terms:

Rolling lease

Leasehold Rent:

£12,750 per annum

Contact City Business Brokers

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