Business for sale

Business description

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This Lounge Bar and Discothèque has only been under current ownership since September 2009, and through the owners vision and dynamism the establishment has grown an enviable reputation for its offerings both in the local Leicestershire area and beyond. The business has developed a trading policy which it feels to be different from any other venue in the City. Such differences include:-

• Constant regular features of top DJ’s
• Student Nights
• Last Thursday of every month “Fine Dining” events
• Summer events planned for outside piazza style dining area (with permissions granted)
• An excellent Sound System

The reputation and customer levels are constantly growing here via word of mouth and third party referrals. The business is turn-key ready for a new owner/operator to benefit from the good work and planning carried out thus far. However, the owner has other larger business interests in London and needs to give more time and attention to these than he is able to at present. Therefore, this opportunity now becomes available for little more than has been invested in the purchase and refurbishment of the Bar by the current owner thus far.

The premises are located in an elevated position overlooking a busy centrally located square, which is pedestrianised and very close to the City Centre.

The Bar has an operational Kitchen for food sales, plus a long Bar area with plenty of standing/dancing room in front. There is a raised seating area beyond with tables and the DJ’s area is located at the end of the room. The venue has a historic connection to the local music scene and we are led to believe that attendances can reach 250-300 people.

We are expecting that, through sensible pricing, there will be strong interest here from both the private and commercial sectors. Therefore, we recommend early inspection.