Camberwell, London Cocktail Bar with Late License & Approved Kitchen for Sale
Camberwell, London
- Status
FOR SALE
- Date Submitted:
04/09/23
- Advert ID
519094
- Leasehold: £45,000
- Rent: £28,200
- Turnover: £80,000 (£1,538 Per week)
- Net Profit: £50,000 (63% Profit margin)
Key Features
- Offers Invited
- Established Business
- Company for Sale
- High Turnover
- Potential for Alternative Use
- Prime Location
- Adjacent to Multiple Retailers
- Free of Tie Leasehold
- Town Centre location
- With Car Park
- Accounts Available
Business Details
Cocktail Bar London with late license
Cocktail Wine Bar with late license for sale in Camberwell London Council approval for Kitchen! All appliances also included.
Here is the deal:
The rent is £2,850 incl. VAT per month.
The hours are until 00:00 with the scope of extending until 03:00AM.
This is a sublease so there is an intermediary company that will give you a 6 year lease immediately (remainder of their lease). The turnaround is extremely quick – 1month tops.
After that you will lease directly from the landlord who is a very nice chap. He will probably give you a 20 year lease after.
The neighbours live in two flats above are really nice and excited to have a high -end cocktail lounge hopefully opening soon. We have invested approx. £80k into the place and renovations are currently paused. The place has been sound proofed and a renovation schedule/plan is available. We just don’t have the capacity to continue this venture as we already own another cocktail bar in Wandsworth. The premises is at a stage now, where you just need to tidy up a little bit and you’re ready to go. You could be up and running with less than £1k if you source everything second hand and do things efficiently.
If you don’t have the money or are not serious, don’t even bother messaging me. The first thing I will ask for is proof of funds, then I will respond to you just to save us all time.
I am happy finishing the project, as Camberwell has an insane amount of footfall and there currently is no high-end cocktail bar. But if I find a serious person with the right intentions, I am happy to let this go and focus on my other bar.
Cheers.
Licensable activities and conditions
Opening hours: Monday 12:00 to 23:00
Tuesday 12:00 to 23:00
Wednesday 12:00 to 23:00
Thursday 12:00 to 23:00
Friday 12:00 to 00:00
Saturday 12:00 to 00:00
Sunday 12:00 to 23:00
Granted licensable activities: Recorded music - indoors
Monday 12:00 to 23:00
Tuesday 12:00 to 23:00
Wednesday 12:00 to 23:00
Thursday 12:00 to 23:00
Friday 12:00 to 00:00
Saturday 12:00 to 00:00
Sunday 12:00 to 23:00
Sale by retail of alcohol to be consumed off premises
Monday 12:00 to 23:00
Tuesday 12:00 to 23:00
Wednesday 12:00 to 23:00
Thursday 12:00 to 23:00
Friday 12:00 to 00:00
Saturday 12:00 to 00:00
Sunday 12:00 to 23:00
Sale by retail of alcohol to be consumed on premises
Monday 12:00 to 22:30
Tuesday 12:00 to 22:30
Wednesday 12:00 to 22:30
Thursday 12:00 to 22:30
Friday 12:00 to 23:30
Saturday 12:00 to 23:30
Sunday 12:00 to 22:30
For more information, please contact us by using the form below.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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