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Asking Price
£30k
Description
Bar located on main entertainment strip in Carlisle. Businesses close by are Mood, Warner Village, Walkabout. The property has two floors, and a kitchen for use if the buyer would like to operate as a restaurant, capacity for 160 downstairs and 60 upstairs. The current owners have had the business for nearly three years and due to lack of expertise and collateral they have been unable to get the full potential out of this business. Currently only operates Thursday - Sunday from 8pm-1am. Enormous potential for someone with the experience to take this bar forward. Lease is currently £30k pa on a ten year agreement (until Sept 2014) and will be reviewed in September 2009. Also have a £20k deposit secured against the lease so on completion of this lease this will be returned to the buyer.
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