Luxury Cocktail and Jazz Bar for Sale in London

London
REF: INT2214

Asking Price:
£140,000
Annual Turnover:
£234,000
Annual Net Profit:
TBC
REF: INT2214
Photo of Luxury Cocktail and Jazz Bar for Sale in London
Photo of Luxury Cocktail and Jazz Bar for Sale in London
Photo of Luxury Cocktail and Jazz Bar for Sale in London
Photo of Luxury Cocktail and Jazz Bar for Sale in London

Overview

Tenure:
Leasehold
Established:
2021
  • Excellent Reputation
  • Friendly & Professional Team
  • Well Equipped Business
  • Equipment Included
  • Wide Variety of Products & Services

This is a unique opportunity to purchase a luxurious cocktail and jazz bar in central London, serving a brilliant array of drinks in a memorable atmosphere.

The superb bar offers a curated library of some of the rarest spirits, sourced from local London distilleries and spirit makers from the farthest corners of the globe.

Their carefully curated cocktail menu features a wide array of timeless classics, as well as a collection of imaginative modern twists and signature creations, such as Mezcal Penicillin, or Kentucky Butter made with butter-washed buffalo trace bourbon.

Alongside their stunning and unique drink selection, customers can enjoy divine charcuterie boards served with Damsel Chef Selection crackers and Deerview chutney, or hummus and bread options.

The bar also boasts an established jazz programme of fantastic, renowned acts performing every Saturday - many of whom also regularly perform at other well-known clubs such as Ronnie Scotts and 606.

Blending the line between modern and timeless, this bar would be a brilliant acquisition.

The bar is situated within an ideal and busy location in central London, with a memorable and luxurious atmosphere accompanying their superb menu.

Alongside standard table booking, the business also has group or private cocktail-making masterclasses with their highly-skilled head mixologist in a cosy and fun setting.

Partial and private hire is also available within the bar, with full private hire making their venue the perfect place for a celebratory event, and the ability to add canapes, platters and food to enhance one’s experience.

There is scope for expansion of the business, as it has been such a great success within London and could look towards opening in other large cities in England.

Also, advertising more private hire events and hosting corporate Christmas parties could increase business revenue and turnover. Adding a more extensive food menu and opening earlier during the day to capture the lunch trade could also develop the bar towards more of a restaurant feel and welcome a larger range of customers. A new owner may also look to expand the business's service offering to include bottomless brunches, afternoon teas and more frequent live music nights to drive extra trade.

Dedicating extra time to their social media channels could expand their existing customer base and increase brand awareness.

Features

Key Information

  • Number of Covers: 65
  • External Seating: Yes
  • Hygiene Rating: 5

Reputation

  • Google: 4.9

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • City Centre Location
  • High Street Location
  • Close to Local Businesses
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£50,000
Annual Rates
TBC
Lease Term (Years)
15
Lease Expiry (Year)
2036
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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