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Beautifully Presented Gin & Craft Beer Bar

London, England

  • Leasehold Price: £149,950
  • Turnover: £240,000
  • Gross Profit: £181,008
Seller Reference: B05030
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05030
Request Details
Business Description
Business
Hilton Smythe are delighted to offer to the market Gin and Beer, a clean and concise strong branded concept developed by our clients in 2017 who are now reluctantly selling due to ill health.

The owners have spent both time and money creating a bar which specialises in the counties 2 favourite drink categories - Gin and craft beer. They have researched a menu that cleverly embellishes our demand for quality and choice. They offer a choice of over 180 gin’s and 120 beers!

They predominantly serve Belgium beers, Gins from around the world, complemented by an add on deli bar serving cheeses, charcuterie, olives and nibbles. Currently the sales are split 60% Gin/Cocktails and 40% Beer which also includes the permission to serve off site for those looking to take their favourite choices home.

The design of the bar and the quality of the fit out cost in the region of £150,000, all of which will be handed over to any new owner including an agreed business handover.

Many of the loyal customers believe the business is part of an existing chain due to the confidence you feel from all aspects of the bar, from the design, drinks choice and staff knowledge levels.

This isn’t an accident, they want to cultivate that image they have spent significant time and investment in. Clean branding from the bar mats to tote bags to badges to custom artwork, the Gin & Beer Brand is ever visible at the establishment.

Any new buyer may take this idea and develop further locations across the country.

Impeccable Reputation - the business benefits from 100% positive customer reviews and carries a 4.7/5 on google reviews and 4.9/5 on Facebook reviews.
They have received multiple positive write ups online and were featured in Brockman’s series of world’s best bars. Nominated for UK's best gin bar at the gin awards only 6 months after opening and one of only 24 pubs to be awarded a top pick in beer guide London due to their ultra-rare beer list and attention to detail.

Social Media: the business understands the power of social media and have spent a lot of time updating the Instagram account so that it now stands above the competition, organically grown with a unique look it now attracts 1,170 followers.

Changing Cocktail Menu: offering 15 bespoke, bar tender created cocktails, 10 classic and 12 bespoke negroni recipes! These cocktails, mixed by expertly trained and passionate staff that most bars in London do not offer, the menu is updated every 6 months keeping the drinks seasonal. They have a dedicated ice program, no other bar this size will have a dedicated ice program. They use hand carved ice for all Gin & Tonics, no other bar in the UK does this.

Opportunity - the business is licensed till midnight with this same time limit for selling alcohol off site. The bar next door is licensed till 2am which any new owner may apply for easily. There is a bottle shop currently underutilised which could increase off site sales levels.

The company is just in the process of marketing regular mid-week events and tastings that include beer and cheese pairings, history of gin talks, Martini workshops and cocktail making events which could be expanded by any new owner to maximise the space during the quieter weekdays.

A full business handover will be offered by our clients to ensure the continuous success of this very special, unique and awe dropping bar.

Location
Gin and Beer occupies a highly desirable location in the heart of up and coming Deptford.

The contemporary bar sits alongside other complementary businesses housed within the Grade 2 listed arches of the railway bridge which leads directly to Deptford DLR station which is only a minutes’ walk away.

The station is only one stop away from London Bridge making it a new hub for both pioneering new businesses and contemporary new housing developments for the thousands of commuters who travel into the City each day.

The evening and weekend economy are when the area really comes alive! The market yard is becoming a destination spot especially in the summer months when a high end food market takes place just 20 yards from the bar.

Deptford is a district of South East London within the borough of Lewisham, the collection of interesting independent businesses and new homes makes the area which borders both Greenwich and the Thames ….an area to watch.

Premises
Front Exterior - wooden bench seating for approximately 24

Interior - not many high end cocktail bars are based in railway arches, lots of bars are but they tend to be shabby craft beer bars that look more like pop ups than fixed locations. The bars interior and clever use of the railway arch are completed to such a high standard, that Network Rail have used the business in industry publications and to market the sale of other arches. - capacity for approximately 60

The bar combines the rawness of the brick walled arch with different levels of seating which includes different materials including wood, metal and plastic with painted church benches and softer materials.

The walls are painted in an industrial grey and the lighting system emphasizes the different times and mood of the environment. There is a curved floating bar with wooden slats and layered polished ply top, rear floating glass display shelving systems and white bright rear tiled wall housing the beer pumps. The bar looks amazing when lit at night and receives lots of attention from those in the industry.

Bar servery

Stockroom

Gents - 2 urinals, 2 x sinks, 1 x cubicle

Ladies - single cubicle - disabled friendly

Equipment list -
Stainless Steel Cocktail Station
Divided Ice well, sink, glass refresher
Jolly 500 Glasswasher with stainless Steel Glasswasher station
1000mm Italian Serve over Deli Counter with under counter storage
Epos Now till System with monitor and ticket system
Gamco 8 Keg Chiller with cooler, CO2, line clean system
1500mm Chest Freezer with stainless steel worktop
Scotsman 176 Super Cube Ice machine with 48kg bin and pump drain
Stainless Steel Motor Ice Crusher, heavy duty Italian Ice crusher
3 Double door Bottle Chillers - with lighting and sliding doors
Fujitsu Air Conditioning Unit - with remote and concealed condensing unit
Buffalo Vacuum Packer - with auto sealer
Nespresso Barista Coffee Machine- with milk steamer

Tenure
There is a rolling year Lease in place with Network rail paying £42,000 per annum.

The business currently benefits from being exempt from business rates.

Hours
Monday - Closed
Tuesday to Friday - 4pm - 12am
Saturday 1pm - 12 am
Sunday 2pm - 11pm

Opportunity to extend weekend hours

Staff
The business is run and managed by our clients with the help of 3 very loyal members of the team who can manage the bar in the absence of the owners.
They have full knowledge of the bar, it's Cocktails and more importantly its customers!

Financial Profile
The business generated a turnover in the region of £240,000 with an gross profit of 68-69%.

Tenure:
Leasehold
Listed by:
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