Profitable High Street Bar Lease For Sale

Description

Established Bar for Sale - Prime High Street LocationAn excellent opportunity to acquire a fully operational and well-established bar in a prime High Street location, with a loyal customer base and strong annual turnover.The business benefits from an active social media presence, including Facebook under The Tartan Lounge.The lease has approximately 9 years remaining, with an option to renew, providing long-term security for the incoming owner.Key Features* Fully operational and profitable business* Prime High Street position* Established regular customer base* Fixtures, fittings, and equipment included* Stock included in the sale price* Low rent of £550 per month* Ready for immediate tradingRecent Investment & ImprovementsThe premises have undergone significant refurbishment over the past year, with substantial investment made throughout.The previously unused upper floor, which had been closed for over 30 years, has been extensively renovated, including:* New plumbing throughout* Professionally levelled flooring* New toilet facilities for the upstairs area, due for completion shortlyThe upstairs area will be provided as a blank canvas, offering potential for a new owner to develop additional income streams such as:* Games room* Private function suite* Sports lounge* Additional seating area* Office or storage facilitiesAdditional Income OpportunitiesThe sale includes:* Pool table* Jukebox* Gaming machinesThese additional income streams currently generate approximately £1,000-£2,400 per month depending on the season.Reason for SaleThe business is offered for sale due to the owner pursuing other business opportunities and commitments requiring full attention.With the busy summer season approaching, this represents an opportunity for a new owner to acquire a thriving business with further growth potential.Viewings are available upon request.Reasonable offers will be considered.