FOR SALE
31/10/23
601966
1369 / Rightbiz
AJF Commercial Business Sales are pleased to welcome to the market this extremely busy, extremely popular and very highly recommended licenced bar serving a variety of food and specialist beers, gins, wines and spirits in the beautiful historic village of Garstang in Lancashire.
Included within the sale is a mobile Pop Up Bar trailer which our client uses for various functions within the North West.
Location:
Garstang is an old market town set on the banks of the River Wyre close to the Forest of Bowland, an area of outstanding natural beauty within the Wyre borough of Lancashire which attracts visitors, coach parties and tourists all year round.
The business is located just off the busy main A6 road and is 10 miles north of the city of Preston and 10 miles south of Lancaster.
The town is steeped in history and has an abundance of historical buildings, restaurants, bars, retail shops, specialist shops, supermarkets, schools, guest houses and caravan parks.
The town boasts a central car park and further car parking spaces within the town.
Located on the main through road in the village, the business is surrounded by quaint retail shops, complimentary businesses and residential housing.
The business sees a high volume of repeat trade from loyal local customers and visitors and tourists to the town.
Business:
V12 Bar is extremely busy throughout the year with local residents and the many visitors and tourists to the area providing much loyal and repeat trade.
The business thrives on many ‘themed nights’ and is the hub for the local community.
This superb bar is run by our client and part-time members of staff and over this time have gained an excellent reputation for providing a delicious range of draft beers, gins, specialist cocktails, wines, soft drinks and specialist coffee and teas.
The bar also serves a delicious range of home cooked food with various Tapas dishes, light bites and desserts.
The business has excellent reviews online and is extremely active on social media with their own Facebook page keeping customers and visitors with up to date information.
All dietary requirements and Vegetarian options are catered for, and the business has a 5* food hygiene certificate.
V12 Bar has been beautifully decorated both inside and out with a beautiful range of quality fixtures and fittings which is a credit to our client and is in ‘walk in start trading condition’.
Customers also have the option of eating and drinking outdoors with the large patio area situated to the front and sides overlooking the town.
V12 Bar also caters for various functions including Birthdays, Funerals, Christenings and is well known for their fantastic New Years Eve parties and various themed nights throughout the year.
The mobile Pop Up Bar is a fantastic addition to the business and can be used for various functions throughout the North West. Ideal for weddings, garden parties, food markets and outside events.
The Pop Up Bar is fitted out and ready to go serving various cocktails, gins, wines and spirits.
Our client is also willing to do a handover period of 2 months to the new owner/s with training if so required and the introduction to suppliers and local residents.
Premises:
Highly visible ground floor leasehold lock up premises within a beautiful courtyard garden to the side and patio setting to the front.
Entrance door leading to open plan lounge and dining area with a range of comfy seating, tables, bar stools and chairs.
Good sized serving bar with fabulous locally sourced beers and gins, specialist wines, spirits and soft drinks.
The bar is also famous for the numerous menus of cocktails which are extremely popular and come highly recommended.
New Epos cash till and card machine.
Coffee Machine.
Door leading into communal W/C with handwash sink.
Patio doors lead out from the lounge to the side garden where there is a wooden storage area which hosts fridges, kegs of beer, bottles of beer, wines, spirits and soft drinks.
This area could also be used as an extension area for outside seating.
To the rear of the bar and lounge is a good sized galley kitchen / cooking area which is neatly presented and fitted out with a range of cooking appliances, pots, pans, and cutlery.
Door leading to W/C with handwash sink.
All fixtures and fittings and stock are included in the sale.
Reason for sale:
The business is now only offered for sale due to our clients family commitments.
Tenure:
We are advised that the tenure is Leasehold.
Rates:
We are advised that the business is currently exempt from Business Rates.
Opening Hours:
Monday: Closed
Tuesday: Closed
Wednesday: Closed
Thursday: 5.00pm – 10.00pm
Friday: 12.00pm – 11.00pm
Saturday: 12.00pm – 11.00pm
Sunday: Closed
Note: The business has permission from Wyre Borough Council to open 7 days a week from 8.00am till 11.00pm.
The new owners could potentially open the full 7 days and expand the current healthy turnover, and further advertising of the Pop Up Bar bringing additional income.
Financial Information:
Turnover – Available on request.
Summary:
This is a fantastic opportunity to own a well-established, highly recommended, and extremely busy licenced bar, food / bistro business with an excellent turnover in the historic town of Garstang.
There is excellent scope to increase the already healthy turnover by increasing the trading hours.
This would make an ideal investment opportunity in a superb trading area with all fixtures and fittings, Mobile Pop Up Bar and stock included and being ‘walk in start trading condition’ this is certainly not one to be missed.
The business has been beautifully decorated with quality fixtures and fittings throughout, and the Pop Up Bar is kitted out and ready to go which is a credit to our client.
This is an amazing opportunity package and viewings come highly recommended.
Therefore, AJF Commercial Business Sales strongly advise early discussions to view.
Contact Details:
If you would like to contact us to discuss the business in further detail or to arrange a viewing, you can by the following methods:
Telephone – 01204 325 101
Email – [email protected]
Website – www.ajfcommercial.co.uk
You can also find us on:
Facebook – AJF Commercial Business Sales
Twitter – @ajfcommercial
Instagram – @ajf_commercial
LinkedIn – AJF Commercial Business Sales
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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