Bars for sale in Colchester

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Investment Opportunity Wine Bar

Colchester, Essex, England

  • Leasehold Price: £10,000
  • Under Offer
Seller Reference: B04898
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Business Description
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Seller Reference: B04898
Request Details
Business Description
Hilton Smythe welcomes to the market The Bridge Wine Bar, Colchester.

The business was recently closed however, the landlord is now looking to sell the business and all assets within the business.

The Bridge Wine Bar is a bar that has been primarily frequented by students who are located in the area, however, due to its setting on the River Colne and being in a highly populated area there are many other customers to the bar.

There are many reasons to buy The Bridge Wine Bar including:

• Fully fitted premises

• Prime student location

• River frontage

• Ideal for functions

• A new business to make your own

Hilton Smythe highly advise early viewing to avoid disappointment.

The Bridge Wine Bar is located in the student area of Colchester, Essex, overlooking the River Colne.

The Bridge is located on the ground floor of a triple fronted premises with glass front overlooking the River Colne with under cover fixed outside seating. The premises comes with 2 allocated parking spaces.

Colchester is a vibrant town with a strong student population, the town has a population of 121,859 as of the census of 2011, has a Zoo, many transport links via rail and road with the A12 on the town’s doorstep.

As the oldest recorded Roman town in Britain, Colchester is claimed to be the oldest town in Britain. It was for a time the capital of Roman Britain and is a member of the Most Ancient European Towns Network.

Fronting the River Colne there is a large covered area with fixed seating and tables.

The triple fronted premises has a glass front and is set in a modern building.

There is a large area for seating and all seats and tables are to be included in the sale along with all other fittings. One end is an area is ideal for a pool table, darts board etc.

The Bar is fitted out with 5 draft taps, optics, till, display fridge, sink.

Behind the bar is the kitchen area with units, work surfaces, double fryer, oven and hob, shelving and a doorway to the cellar.

There are toilets for ladies and gentlemen and a separate disabled access toilet.

The premises also has a rear access leading to the staff parking area to the rear.

We are advised the business is being sold as a Leasehold business opportunity.

The landlord will be looking to assign a new lease with an annual rent of £15,000 plus VAT

The business opening hours are to be set by the new owner.


Financial Profile

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