Fully licensed bar and venue for sale in Cardiff's student area in Great Britain for 70000

Asking price:

GBP £70 000

Owner

Owner's representative

179 business for sale

Description

Fully Licensed Bar & Music Venue – Cathays, Cardiff A rare opportunity to acquire a fully licensed bar and venue located in the heart of Cathays, one of the most densely populated and sought-after student districts in Cardiff. Positioned on a prominent corner frontage, the property benefits from excellent visibility and high footfall within this vibrant area. The premises comprise a ground floor bar area and games room, a lower ground floor function and events space, customer facilities, a comprehensive commercial-grade kitchen, and a rear beer garden. The layout offers versatility for live music, private events, themed nights, and general hospitality use. The property holds a premises licence permitting both ON and OFF sales. Licensed hours are: Monday to Thursday: 8:00am – 11:30pm Friday and Saturday: 8:00am – 1:00am Sunday: 9:30am – 11:30pm We are advised that the property benefits from conditional A3 consent. While ideally suited as a premium bar and music venue, alternative uses may be considered subject to local authority approval. Key features include a fully fitted commercial kitchen, established reputation, beer garden, strong student customer base, and significant scope for further growth. The area’s high student population ensures consistent demand throughout the academic year. Terms: The property is available by way of a new lease, with lease length negotiable. Rent: £18,000 per annum Deposit: £4,500 (equivalent to three months’ rent) Premium: £70,000 inclusive of fixtures and fittings Broker fee: £2,500 plus VAT This is an excellent opportunity for an experienced operator or investor seeking a well-positioned licensed venue in one of Cardiff’s busiest hospitality areas.

Details