Wine bars for sale in Woking

View the "Unique Award Winning Wine Bar" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Unique Award Winning Wine Bar

Woking, Surrey, England

  • Leasehold Price: £110,000
  • Sale Agreed
  • Annual Turnover: £350,000
Seller Reference: SMSB/WINWOK
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Business Description
 
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Seller Reference: SMSB/WINWOK
Request Details
Business Description
Cellar Magneval is an attractive wine bar, located on the ground floor of a characterful 19th century building in Woking town centre.

Attracting a discerning clientele, the wine bar caters for both commuter and Woking residents, offering high quality wines, craft beers and sprits, paired with antipasti, charcuterie and a renowned cheese trolley.

The business is multi-award winning, from winning ‘Best Newcomer’ in the Surrey Life Food & Drinks awards in 2014 to ‘Best Bar’ in Woking’s Best Bar None Awards in 2018 and again in 2019 when it also won ‘Overall Best Bar’.

The business is run full-time by one of the owners, with part-time marketing support provided by the other owner. Typically the business also employs c 3 other employees on a range of shifts, although due to Covid restrictions, the bar is currently being run by the owner alone.

Sales peaked in the year ended Mar 2018 as significant building works in Woking town centre hampered sales in 2019, but the work has now completed with a subsequent increase in footfall.

The owners are looking to leave the area and hence the business is being marketed for sale. The guide price for 100% shares is £110,000 to include a Balance Sheet with net positive value. The vendors will provide appropriate handover support.

Please do not under any circumstances approach the vendors directly without first making an appointment.
Tenure:
Leasehold
Listed by:
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