This is a rare opportunity to acquire a well-established, hugely popular bar based in Long Eaton, Nottingham. The business is available on a leasehold basis only.
The business is a unique concept that the current vendors have skilfully created! The business operates as a fashionable bar, selling a wide range of alcoholic drinks and light food. The aim of the business is to create a unique atmosphere and a hub for the local community! There are two bars within the premises; the main bar is a working bar area with pumps, etc. serving draft beers, the second bar is in the dartboard area which isn’t currently used, this could be utilised as a cocktail bar working separately from the main area.
The premises has been renovated to a high standard throughout as the current owners have skilfully combined the character features of the building with modern fixtures and fittings. The business is located on a busy road leading into the town and can boast a capacity of 50 customers inside and a further 30 in the outside seating area which incorporates an undercover smoking shelter. There is also a large 2 bed apartment above the bar which is used as living accommodation or can be rented out for an additional revenue source.
The business has been established since 2003 and experienced substantial growth on an annual basis since then. They have built up an excellent reputation in their local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
• High footfall and passing trade
• Prominent Location in the area
• 2 bed apartment included
• Loyal Customer base
• Quality premises renovated to a high standard.
• 50 internal covers
• Outside seating area – 30 covers
• All Fixtures and fittings included
• Minimal Overheads (Competitive Lease)
• Minimal Competition
• High Turnover – £2,500 – £3,000 (weekly)
• Huge Potential for further growth and success.
It is with a heavy heart that the current vendors are selling due to retirement. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering/licenced sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.