Wine Bar in Putney For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, PUTNEY, LONDON, SW15.

Price £99,000

Features

Wine Bar (this Premises Is Sui Generis) Bar / Pub Licence (previously A4 Licence)

6 DAYS OPENING

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES with BIFOLD DOORS in the region of 925 ft² . Air conditioning, hardwood floor, spotlight and wall lights. Tables and chairs seating 100 persons. BAR. Touchscreen till, under-counter fridges, ice machine, glasswasher.

Ladies' cloakroom with mirror, sink and toilet

Gentlemen's cloakroom with mirror, sink and toilet

LOWER GROUND FLOOR KITCHEN in the region of 1,000 ft². Non slip lino flooring, tube lighting. Stainless steel extactor, 6 burner gas hob, oven, twin basket deep fat fryer, microwave, hot cabinet, gas & wood pizza oven, pizza mixer, dough roller, refrigerated pizza section with marble counter, 2 full height stainless steel fridges, 2 chest freezers, double sink and drainer, hand wash basin, 2 stainless steel preparation tables

Walk-in cold room

Storeroom

Cellar

Turnover

WE UNDERSTAND the vendor enjoys a lucrative turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the manager with 2 full time staff employed. We are informed the wage bill averages £1,500 p.w. approx.

Trading Hours

6 Day week
MONDAY - SATURDAY 5 pm - 12 midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £47,300 p.a.

Business Rates from April 2024 £6,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £99,000 SUBJECT TO CONTRACT
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote