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Well Known Speakeasy Style Bar For Sale

Skipton, North Yorkshire, UK
Asking Price:
£50,000 Furniture / Fixtures included
Turnover:
£272,554
Net Profit:
£50,000

Well known and charming speakeasy style bar in the heart of Skipton, North Yorkshire, now available at a reduced price and has been recently refurbished. Designed to evoke a relaxed 1920s atmosphere, the bar trades seven days a week serving real ales, wines and spirits, and hosts live music at weekends. It occupies an enviable trading position on popular Swadford Street, benefitting from strong footfall from locals, visitors and tourists. The business has established a loyal local clientele and an excellent reputation, having been a finalist for the last two years in the Skipton Business Awards for best pub/bar and receiving a special recognition award. Since establishing the business, the owner has transformed the premises into an eye catching venue, fully fitted with quality fixtures, fittings and equipment. Turnover for year end 2024 was £272,554 with a 66 percent gross profit and adjusted net profit exceeding £50,000. This is an excellent acquisition for a dedicated proprietor looking to grow an already successful and distinctive hospitality business. Early inspection is strongly recommended.

Property Information

Property:

Leasehold

Location:

Located on Swadford Street in the heart of Skipton, close to local amenities and tourist attractions. Leasehold property.

Premises Details:

Impressive double fronted character premises, fully fitted and transformed to a high standard.

Business Operation

Expansion Potential:

Scope for a dedicated proprietor to continue developing the bar’s offering, live music programme and marketing to maximise profits.

Competition / Market:

Excellent reputation, multiple award nominations and special recognition at the Skipton Business Awards enhance competitive standing.

Trading hours:

Open 7 days a week serving ales, wines and spirits, with live music on weekends. Turnover £272,554, gross profit 66 percent, adjusted net profit above £50,000.