Offers Invited Buzzing Live Music Venue Notting Hill For Sale

Business description

LOCATION: Situated near one of London’s most trendy world famous street market locations, in a heavy footfall area, in close proximity to several tube stations and bus services. This is a well established bar in a vibrant, lively location.

DESCRIPTION: Situated in a busy parade of shops. The ground floor area totals approx 1350 sq ft. This rustic, trendy chill out bar has a contemporary urban feel. The entrance opens to the main bar area, which is fully equipped and is fully tilled in an art decorative style serving a wide range of wines, cocktails, sprits and imported beers, with bar seating and intimate table seating. The bar area includes a fully equipped DJ/sound engineer booth with a small store/office. Towards the rear are two comfortable lounge style; chill-out zones, one of which can be used as a small raised stage area for live events. The bar has a whole array of lighting themes to facilitate ambient, DJ or live music events. Ceramic tiled flooring is laid throughout to match the contemporary urban design. Customer restrooms are towards the far rear of the premises. Outside the wooden window framed lock-up frontage has a branded canopy with spotlights immediately above. Additional pavement tables with seating are also situated immediately outside.

EQUIPMENT: The business is fully fitted and equipped to a very high standard with an extensive range of trade equipment and a full inventory will be available to a purchaser. Equipment includes; 3 door glass fronted bar refrigeration, large upright floor standing drinks display fridge, espresso/coffee blending machine, ice machine, glass washer, digital till, full 3-way PA music system with mixer sound deck, full laser, strobe and colour lighting system, 12’ projection screen with projector.

BUSINESS: The bar has been established since the 2000 and has been fully soundproofed to meet all building/fire and licensing requirements. There is licensing for ambient, DJ and Live music, along with alcohol licenses and an A3 which is not currently being used. We are also informed that there is licensing for a world famous London carnival, which represents a 13th trading month. With a very strong, regular customer base, early lunchtime opening, evening wine bar, regular late live and DJ evenings, weekly takings are £6,000 p.w. The business is uniquely situated to exploit the diverse populous of the area with potential to increase takings further with themed mid week nights, e.g. alternative comedy, poetry, sport etc.
The owner is supported by 1 P/T and two F/T staff

HOURS: Mon –Thus 11.00 am to 11.30 pm, Fri/Sat 11.00 am to 12.00 am, Sun 11.00 am to 10.30 pm

ACCOMM: There is no residential accommodation.

TENURE: The current lease has a term of 13 years remaining and the current rent is £26,000 per annum with reviews every 4 years.

RATES: Business rates payable to be confirmed.

PRICE: OFFERS INVITED

Property information

Property:

Leasehold

Lease terms:

TENURE: The current lease has a term of 13 years remaining and the current rent is £26,000 per annum with reviews every 4 years.

Leasehold rent:

£26,000 per annum

Location:

LOCATION: Situated near one of London’s most trendy world famous street market locations, in a heavy footfall area, in close proximity to several tube stations and bus services. This is a well established bar in a vibrant, lively location.

Premises details:

DESCRIPTION: Situated in a busy parade of shops. The ground floor area totals approx 1350 sq ft. This rustic, trendy chill out bar has a contemporary urban feel. The entrance opens to the main bar area, which is fully equipped and is fully tilled in an art decorative style serving a wide range of wines, cocktails, sprits and imported beers, with bar seating and intimate table seating. The bar area includes a fully equipped DJ/sound engineer booth with a small store/office. Towards the rear are two comfortable lounge style; chill-out zones, one of which can be used as a small raised stage area for live events. The bar has a whole array of lighting themes to facilitate ambient, DJ or live music events. Ceramic tiled flooring is laid throughout to match the contemporary urban design. Customer restrooms are towards the far rear of the premises. Outside the wooden window framed lock-up frontage has a branded canopy with spotlights immediately above. Additional pavement tables with seating are also situated immediately outside.

Business Operation

Expansion potential:

BUSINESS: The bar has been established since the 2000 and has been fully soundproofed to meet all building/fire and licensing requirements. There is licensing for ambient, DJ and Live music, along with alcohol licenses and an A3 which is not currently being used. We are also informed that there is licensing for a world famous London carnival, which represents a 13th trading month. With a very strong, regular customer base, early lunchtime opening, evening wine bar, regular late live and DJ evenings, weekly takings are £6,000 p.w. The business is uniquely situated to exploit the diverse populous of the area with potential to increase takings further with themed mid week nights, e.g. alternative comedy, poetry, sport etc, and exploiting the A3 licensing currently unused.

Trading hours:

HOURS: Mon –Thus 11.00 am to 11.30 pm, Fri/Sat 11.00 am to 12.00 am, Sun 11.00 am to 10.30 pm

Employees:

The owner is supported by 1 P/T and two F/T staff

Years established:

9

Other information

Support & training:

Full handover support and training included in asking price.

Related documents:

• 
• Compulsory Registration Form to Return Please