Bars for sale in Elgin

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Exceptionally Stylish And Well Run Beer Emporium

Elgin, Moray, Scotland

  • Leasehold Price: £59,950
  • Turnover: £81,541
  • Gross Profit: £35,625
Seller Reference: B05654
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Business Description
 
 
 
 
 
 
 
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Seller Reference: B05654
Request Details
Business Description
Business
Please quote reference B05654

Hilton Smythe are delighted to bring to the market (on a leasehold basis) an opportunity to purchase this well-established & exceptionally stylish, well-run taproom / beer emporium. 

The business has been trading for just over a year building up an excellent reputation since its inception.

The taproom offers the chance for its customers to try a vast range of craft beers sand spirits from around the world in an exceptionally relaxed and beautifully presented premises that has undergone a substantial programme of refurbishment to create a truly unique business within the popular Moray town.

The business has only now come to the open market as our clients wish to concentrate on other business / career interests.

A tremendous opportunity to own this highly desirable business, and early enquiries must come highly recommended to avoid disappointment.

REASONS TO BUY:


  • Massive Potential for Growth.

  • Ideal Bolt on For Existing Business.

  • Modern Equipment Included in Sale.


EARLY ENQUIRIES HIGHLY RECOMMENDED.

Location
Against the Grain Tap room / beer emporium is located within a popular a pedestrian zone in a boutique area within the town of Elgin, & benefits from being surrounded by a host of local independent businesses resulting in a good level of footfall.

Elgin is situated on the A96 trunk road which links the cities of Aberdeen in the east and Inverness in the West.

The town of Elgin is well serviced in terms of local amenities with a comprehensive range of  both educational facilities and numerous  leisure facilities including, health clubs, swimming pool, golf courses along with a wealth of  major retail outlets complimented by a fantastic range of independent local traders making Elgin a popular destination.

Premises
The business is in a traditional, double fronted commercial premises, that has been finished to an exceptional standard.

The inside consists of a drinking area to the front with furniture made from reclaimed materials.

There are 6 rotating beer lines and a digital tap list for customers to see what is always on tap.

The off sales area is to the rear which is where the single unisex toilet is located.

In the off sales area, there are two 3 door fridges and extra sales area shelving that divide the room from the stock room and the office space.

There is also an upper level within the premises that could be used as a retail space subject to local authority planning consents being granted

A full list of equipment to follow.

Tenure
We are advised that tenure is offered on a Leasehold basis

Lease 10 years with 8 years remaining

Rent £8160 pa

Rates payable £TBC

Hours
Wednesday – Friday – 16:00 – 22:00

Saturday – 12:00 – 22:00

Staff
The business is run & managed by the bar manager with various part time staff members.

Financial Profile
Turnover is reported at £81,541 with an adjusted net profit of £32,128.

Accounts will be made available to potential purchasers.

Please quote reference B05654

Tenure:
Leasehold
Listed by:
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You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

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