Bar for sale in Wakefield city center with potential for events and extended hours

Description

An opportunity is available to acquire a high profile city centre bar located in Wakefield’s theatre and entertainment district.The bar occupies the ground floor of an attractive Grade II listed historic building and benefits from a pavement licence covering a large designated external area. The property forms part of a wider mixed-use scheme hosting business, leisure, and entertainment activity. Its position directly opposite the city theatre ensures consistent pre-show and post-show footfall.The business is currently operated on a very limited basis due to the owner’s change in career and existing employment commitments. Trading is restricted to Friday and Saturday nights only, creating significant scope for expansion through extended opening hours, live entertainment, events, and proactive marketing.Current weekly takings over the two trading nights are approximately £2,500 to £3,000. The premises hold a licence for alcohol sales until 1am.The bar is positioned within a highly prominent period building featuring curved Victorian windows and an open plan internal layout centred around a long service bar. The venue has capacity for approximately 70 seated customers with additional standing space available. Facilities include a drop down cinema screen suitable for live sport, a chilled keg room with modern self cleaning dispensers, a storage area, commercial glasswasher, ice machine, deep sink, CCTV system, and separate ladies and gents toilets.The opportunity is offered with strong potential for growth under an owner operator willing to maximise trading hours and develop the venue further.