This is a rare opportunity to acquire a well-established, hugely popular bar/distillery based in Newcastle-under-Lyme, Staffordshire. The business is available on a leasehold basis only.
The business is a unique concept that the current vendors have skilfully created and is the only multi-award-winning distillery in Newcastle under Lyme! This award-winning business operates as a popular bar and distillery, selling a wide range of premium spirits (including their own in-house creations), craft beers, ciders, and artisan tea and coffee to their discerning clientele, along with delicious handmade pizzas from their pizza kitchen. They also offer guided tours of the distillery and experience days where people can create their own unique bottle of gin, rum, or vodka. The business also accommodates corporate events, private hire, and group bookings which are always very popular. The aim of the business is to create a unique atmosphere and experience and a hub for the local community. Their team of loyal, experienced staff always ensure that all visitors receive a welcoming service and a memorable visit. They also sell their products to other businesses as well as the general public via their fully functioning website.
The premises has been renovated to an exceptionally 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 off a busy high street through the town centre and can boast seating for around 40 customers inside but has a capacity for 110 customers. It also has a private terrace outside with seating for up to 20 people. This business offers huge potential for growth as the bar is currently only open 3 evenings and 1 day per week so a new owner could increase revenue significantly if they were to extend the opening hours.
The business has been established since 2018 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 and recommended business which has led to impressive financial figures over a sustained period.
• High footfall and passing trade
• Prominent location in the area
• Multi award-winning
• Only distillery in the town
• Loyal customer base
• Quality premises renovated to a high standard.
• 40 internal covers but capacity for 110
• Outside terrace with 20 covers
• All fixtures and fittings included
• Minimal Competition
• High Turnover – £130,564
• Huge potential for further growth and success.
It is with some reluctance that the current vendors are selling for personal reasons. Due to the desirable 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 to acquire an established business within the 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.