Bar / Nightclub for sale

St. James's Row, Burnley, Lancashire, BB11

£1,150,000

Property Description

Commercial information

  • Business for sale

Key features

  • Impressive and well established lounge bar/nightclub - Now closed
  • Turnover £481,668 per annum (y/e 31.07.15)
  • Prime trading position, bustling town centre, short hours, 6 days only, fantastic potential
  • Superb contemporary décor, fantastic potential, rare opportunity, viewing is a must

Full description

Tenure: Freehold

DESCRIPTION

NOW CLOSED

This is an extremely rare opportunity to acquire what can only be described as arguably one of the most impressive, independently operated lounge bars/ nightclubs which is located within the bustling Lancashire market town of Burnley.

The Mix is a stunning venue which occupies a prime trading position at the very heart of the town, amongst numerous licensed retail and professional outlets and within easy reach of the train and bus stations, ensuring the area enjoys high levels of footfall throughout the day, attracting both regular, repeat and passing trade.

Since The Mix commenced trading in the town, the business has quickly established an enviable reputation as a relaxed and welcoming venue and therefore boasts an extensive and loyal customer base of all ages.

The substantial and imposing glass fronted premises provides a deceptively spacious and versatile accommodation, which enables the business to operate as different venues by day and night.

During the daytime the business operates as a successful lounge bar, offering a range of home cooked foods, including breakfasts, favourites such as chilli con carne, fish and chips and burgers, as well as a selection of sandwiches, wraps and soups. A selection of speciality teas, coffees and milkshakes are available in addition to draught lagers, bottled beers, wines, spirits and prosecco.

During the evening the bar takes on a totally different vibe as a sophisticated venue, with a DJ on Friday and Saturday nights, playing a wide range of tunes and regular live entertainment.

The Mix is a thriving and highly lucrative business, yet operates on short hours, just six days per week and therefore offers terrific scope for future growth and improvement.

With this in mind, the business represents an ideal acquisition for both an experienced independent operative or as an excellent addition to an established corporate portfolio of licensed outlets, with the opportunity to extend the opening times which will undoubtedly increase the already impressive turnover, whilst ultimately enhancing the overall profitability.

This a rare opportunity to purchase a highly successful and well known town centre venue, which is only now being offered for sale due to retirement and a viewing is therefore highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £9,250 approximately.

ACCOUNTS
Available accounts are to year end 31st July and are summarised below:
2015 - Sales £481,668 Gross Profit £250,474

TRADING HOURS
Monday - Thursday 09:30 - 16:00
Friday & Saturday 09:00 - 17:00, 21:00 - 04:00

STAFF
Managed by the owners with full/part time members of staff.

PROPERTY
The commanding and highly visible glass fronted premises, occupies a prime trading position right at the heart of the bustling town centre. The property has been extensively renovated and updated offering a deceptively spacious and versatile accommodation over a number of floors.

RESTAURANT/BAR/AREAS
The ground floor lounge area is immaculately presented with contemporary décor, flat screen televisions, comfy sofas and an impressive full length custom made bar with LED lighting and a state of the art sound system. There is a comprehensively fitted commercial kitchen with an extensive range of excellent quality and valuable catering equipment which has been well maintained.

To the first floor there is a further spacious lounge bar area with relaxing seating and a dedicated servery, as well as a dedicated VIP area which is ideal for a private celebration and corporate events.

In addition to the main trading areas, there are also well presented toilet facilities and a number of offices.

Externally there is an outdoor patio area which is ideal for al-fresco drinks and dining, especially during the warmer months.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.



TENURE
We are advised that the property is available as a freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is a rare and exceptional opportunity to purchase an immaculately appointed and extremely lucrative business, with fantastic future growth potential. The business is only now being offered for sale due to retirement and a viewing is a must.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Burnley Manchester Road (0.3 mi)
  • Burnley Central (0.3 mi)
  • Burnley Barracks (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Burnley Manchester Road (0.3 mi)
  • Burnley Central (0.3 mi)
  • Burnley Barracks (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44963. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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