DENBIGHSHIRE – COCKTAIL BAR IN DEE VALLEY TOURIST TOWN

Cocktail bar located in the charming Dee Valley town of Llangollen

Llangollen is situated on the River Dee in the North Wales county of Denbighshire. Its riverside location forms the edge of the Berwyn Mountains and the Dee Valley section of the Clwydian Range and Dee Valley Area of Outstanding Natural Beauty. The town is renowned for the hills which surround it and for its historic buildings, bridges and multiple attractions which include Castell Dinas Brân, the Horseshoe Falls and the Horseshoe Pass. Llangollen is home to the Eisteddfod Musical Festival and is part of an UNESCO World Heritage Site which stretches along 11 miles of canal from Gledrid to the Horseshoe Falls via the Pontcysyllte Aqueduct. The town lies on the A5 London to Holyhead road which links to the A55 North Wales Expressway and the Welsh coast.

Bar Vibez occupies the ground floor and part of the first floor of an end-terrace property of brick construction under a pitched slate roof. It is situated in the heart of Llangollen town centre and briefly comprises:

TRADE AREAS
ENTRANCE leading to MAIN BAR with faux leather booth seating for 20, sash windows, black Altro flooring, TV, a live music area and an 'L' shaped, laminate topped, faux leather fronted BAR SERVERY with well-equipped back bar, undercounter refrigeration units and shelving. This trade area is stylishly decorated and furnished throughout, creating an intimate ambiance.

To the rear of the bar is a PREP ROOM which doubles up as a cellar with wash and storage facilities, keg store and refrigeration. There is access to a shared COMMUNAL YARD at the rear of the building.

A second TRADE AREA features loose and perimeter faux leather seating for 20, black Altro flooring and TV screens.

FIRST FLOOR:
UNISEX TOILETS with laminate flooring, wash hand basin and two WCs.

There is also an unused room at first floor level which is undeveloped but could potentially be a snug, a private trade room or a manager's office.

EXTERNAL
There is seating to the front of the building to accommodate 6. No parking is available with the property.

Bar Vibez is a popular cocktail bar in the heart of LLangollen town centre. It offers a good selection of beers, wines and spirits and is popular with both locals and tourists alike. The business started trading in July 2024 and, for personal reasons, our client has decided to place the property on the market. We are advised that weekly net sales are in the region of £3,000 (based on trading three evenings a week) so there is potential to improve trade by increasing the business’s opening hours. More extensive marketing and the development of the unused first floor room into another trade area might also prove profitable. Alternatively, the property might suit a different style of business.

LEASEHOLD £25,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

The Property is held on a part repairing and insuring lease agreement from a private individual commencing 8th September 2023. The lease is excluded from the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently stands at £7,200 per annum. An incoming party will be required to provide a rental deposit to the Landlord of £1,200 in advance. A new five year lease may be granted.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

A full Premises Licence (No. 528307) is held for the retail of alcohol:
Sunday to Wednesday: 08:00—00:00
Thursday to Saturday: 08:00—02:00

Current opening hours:
Friday and Saturday: 17:00—02:00
Sunday: 17:00—00:00

Mains electricity, water and drainage are connected.

Local Authority: Denbighshire Council.

Rateable value: £5,000.
The business is subject to Small Business Rate Relief.