Description

Vibrant, well-established Bristol bar: superb location with outdoor smoking areaSituated on Gloucester Road, a busy thoroughfare in the heart of Bristol, this bar has created a name for itself as a relaxed venue for private parties or chilled out evenings. The interior is stylishly decorated with a mix of deep colours and funky yet tasteful modern art. Low candle-lit tables, comfy sofas and seductive lighting create an intimate feel perfect for a chilled out start to the evening. For smokers, there is an attractive outdoor covered beer garden, complete with waterfall, and fully heated in winter.Due to positioning itself as a venue for private parties, the bar attracts a young professional crowd. This leads to a business which is less seasonal than that of many other entertainment venues in Bristol, which cater primarily for students. Normally, the private parties run to about 11pm, at which time the doors are open to the public. The bar has a license to stay open until 2am on Saturday and Sunday mornings, and until 1am on weekdays - the latest opening time of all the venues in Gloucester Road. This helps the bar to attract custom from surrounding pubs and restaurants.The bar is in an excellent state of repair and has private party bookings in the pipeline for the next two months . Currently the venue is not open during the day at all and there is great potential for extra business by attracting afternoon / early evening trade. There is also excellent potential to run the bar on Monday and Tuesday nights.Opening Hours: Wednesday – Thursday 8pm to 1amFriday – Saturday 8pm to 2amCapacity: approx 130Music: nurturing new acts as well as showcasing sounds from Bristol's hottest talents and ever growing music scene. Established: 3 yearsHistoric turnover: approx £150 000Annual rent: approx £19750 Business rates: approx £2300Asking price: £95 000Remaining lease: 9 yearsReason for sale: Owner needs to relocate for personal reasons

Posted Jan 26, 2011

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