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Urgent Sale - Bargain Bar/Pub in Aberdeen City Centre, Potential for Kitchen, Live Entertainment

City of Aberdeen, Aberdeenshire, ID 224231

Urgent Sale - Bargain Bar/Pub in Aberdeen City Centre, Potential for Kitchen, Live Entertainment 1
Urgent Sale - Bargain Bar/Pub in Aberdeen City Centre, Potential for Kitchen, Live Entertainment 1
Asking price:
GBP£29 000
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Description

Affordable City Centre Bar Opportunity in AberdeenWell-established bar business available for acquisition in a prime Aberdeen city centre location. Operating from the same premises for approximately 25 years, the business benefits from a strong position within a popular hospitality area surrounded by pubs, cafés, restaurants, and other leisure venues.Business OverviewThe bar is located close to Union Street and enjoys consistent footfall from both local residents and visitors. The venue offers a welcoming atmosphere and has established itself as part of a well-known city centre pub circuit. There is significant potential for a new owner to further develop the business through expanded entertainment offerings, marketing initiatives, and operational improvements.Outdoor SpaceA private beer garden is located at the rear of the premises. Subject to the necessary approvals and licensing requirements, there may also be potential to create an additional outdoor seating area at the front of the property.Food PotentialThe premises currently operate without a kitchen facility. However, there is scope for a new owner to install a kitchen and introduce a food offering, creating additional revenue opportunities.The interior features a traditional bar layout with a classic pub-style design and a single trading area.Licensed Trading HoursMonday: 07:00 - 20:00Tuesday: 07:00 - 20:00Wednesday: 07:00 - 20:00Thursday: 07:00 - 20:00Friday: 07:00 - 20:00Saturday: 07:00 - 22:00Sunday: 11:00 - 20:00Lease InformationAnnual Rent: £15,000 plus VATSecurity Deposit: Equivalent to six months' rentRemaining Lease Term: Approximately 7 yearsBusiness Advantages* Tie-free operation allowing complete flexibility in supplier selection and pricing strategy* Established city centre location* Long-standing trading history* Beer garden included* Potential to introduce food service* Opportunities for business growth and expansionReason for SaleThe business is being offered for sale due to health-related reasons.Sale DetailsThis sale relates to the business only and does not include ownership of the property.Asking Price: £39,999 (Negotiable)Enquiries are invited from genuine buyers seeking an established hospitality business in a central Aberdeen location.

Details

Real Estate: Lease
Reason for selling: Health or personal issues
Asking price: 29 000 gbp
Rent (per year): 15 000 gbp

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