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Advert Ref: C1174

Leasehold Wine/ Cocktail Bar In Sidcup - Kent For Sale

  • Sidcup, London
Asking price:
£100,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

LOCATION
These charming premises occupy a prime trading location in the centre of Sidcup, being close to all the major multiples banks, offices and the new cinema complex. The business serves a well populated affluent residential area.

BUSINESS
Established in March 2020 and in the current vendors hands since only January of this year the business is only now being marketed as the vendor has been offered an unmissable opportunity in the USA. The business has established a great reputation locally and on Tripadvisor as being one of the top bars in the area. Tremendous further potential exists for the introduction of longer hours, functions, outside catering and a more active social media presence.

TURNOVER
We are advised that the turnover is approx £4,500+ PWK.

STAFF
Run by 2 Full and 2 part timers

HOURS
Closed Mon & Tues Weds & Thurs - 5pm to 11pm
Fri - 4pm to 11pm Sat - 2pm to 11pm Sun 3pm to 8pm

PREMISES
Seating to front for 12 covers. Imposing Mid Parade premises with charming frontage and bifold windows. Bar Area: Totally refitted in 2020 to a very high end fit out. with seating for 60 at high quality furniture. air con units. Bar: fully equipped including 2 cocktail stations, 2 large multi door wine/beer chillers, EPOS till. Ladies and Gents Customer Toilets. Prep area: ice machine, st/stl sink, under counter refrigeration, water softener. Store Room: 3 Upright chillers. Wine Store: Office: (Note: There is sufficient space to install a catering Kitchen) OUTSIDE. 1 Parking space. Service road to rear.

TENURE
New 15 year lease from January 2024. RENT - £20,000 P.A. (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
Nil currently payable

Property:
Leasehold
Premises details:
Seating to front for 12 covers. Imposing Mid Parade premises with charming frontage and bifold windows. Bar Area: Totally refitted in 2020 to a very high end fit out. with seating for 60 at high quality furniture. air con units. Bar: fully equipped including 2 cocktail stations, 2 large multi door wine/beer chillers, EPOS till. Ladies and Gents Customer Toilets. Prep area: ice machine, st/stl sink, under counter refrigeration, water softener. Store Room: 3 Upright chillers. Wine Store: Office: (Note: There is sufficient space to install a catering Kitchen) OUTSIDE. 1 Parking space. Service road to rear.

Trading hours:
Closed Mon & Tues Weds & Thurs - 5pm to 11pm Fri - 4pm to 11pm Sat - 2pm to 11pm Sun 3pm to 8pm

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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