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Renowned Cocktail Bar At Prime Seafront Central Location In Worthing For Sale

Worthing, West Sussex, UK
Asking Price:
£95,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

Our cocktail bar is an attractive corner fronted, ground floor, lockup premises within a stone throw from Worthing’s seafront. The premises has been stylishly furnished and equipped to an exceptionally high standard to suit the theme of the brand. We have been trading for 7 years and are renowned locally for our cocktails and during this time the bar has received excellent reviews on Google reviews, Trip Advisor and Facebook. The bar has established a loyal following among local residents, and regular national repeat customers. The Bar is a busy and well regarded, high quality cocktail bar, offering an eclectic blend of both character and modern contemporary furnishings and décor and occupying a prominent trading position in the centre of the beautiful seaside town. This successful and profitable business boasts an impressive reputation and briefly comprises:- attractive front facing Bar and Customer Seating Areas comfortably seating 40 plus customers with containing an A4 license. A viewing of our bar is strongly recommended in order to fully appreciate the quality and high standards inherent throughout all aspects of the this most unique business.

ASKING PRICE: GBP 95,000

KEY POINTS:
. Great location town centre, seafront, train station and main bus routes into Brighton
. Midnight license
. Seamless integration between website, Instagram, online ordering / reservations system, mail chimp etc.
. Excellent reputation and 5* reviews across Trip Advisor, Google and Facebook
. Possibility to extend daytime trade, night time trade and other days of the week. We currently are only training Tuesday - Saturday
. Outdoor seating with pavement licence in place
. Excellent trading history and connections to great quality suppliers
. Favorable low rent terms (£15,500 rent per annum)

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

New lease on completion

Leasehold Rent:

£15,500 per annum

Business Operation

Reasons for selling:

Due to other business priorities

Trading hours:

Tuesday - Saturday 5pm - midnight

Employees:
4
Years established:
7

Other Information

Furniture / Fixtures value:
£40,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price

Contact Seller

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