Retail premises for sale in Nottingham, England, United Kingdom NG15

Business
Please quote reference B08194

CoGoGo are delighted to present an exciting opportunity to acquire a thriving cocktail bar and champagne lounge, 'Liquid Lounge', located in the heart of Nottingham.

Established by our client just 14 months ago, this family-run business has quickly become a popular destination for locals and visitors alike, offering a stylish and vibrant atmosphere for socialising, enjoying live sports, and savouring premium beverages.

Liquid Lounge is situated in a bustling area of Nottingham, benefitting from high footfall and excellent visibility.

The premises has undergone extensive renovations, ensuring a modern and inviting ambiance that appeals to a wide range of patrons. The sale includes all new equipment and furnishings, valued at approximately £5,000. From the sleek bar area to the comfortable seating arrangements, every detail has been carefully designed to create a sophisticated yet relaxed environment.

Liquid Lounge boasts a maximum capacity of 90 people, making it the perfect size for hosting both intimate gatherings and lively events. The business holds a music license, allowing for live performances and dj nights that enhances the overall experience. Additionally, the lounge offers live sports screenings, drawing in sports enthusiasts and creating a dynamic atmosphere on game days.

Unique Selling Points:

• Happy Hours: To attract more customers during peak times, Liquid Lounge offers popular Happy Hours on Saturdays and Sundays, driving traffic and boosting sales over the weekends.


• Limited Operating Days: Currently, the business operates four days a week closing three days (Monday to Wednesday). This presents a significant opportunity for expansion, as opening on additional days could substantially increase revenue.


• Modern and Stylish Interior: The interior design of Liquid Lounge reflects a contemporary style with luxurious touches, creating an inviting space that encourages repeat visits.

Growth Opportunities

Liquid Lounge offers several avenues for growth, making it an appealing prospect for an ambitious buyer:

• Extended Operating Hours: By opening the bar on currently closed days, there is immediate potential to increase weekly revenue.


• Enhanced Marketing: Implementing a robust marketing strategy, including social media campaigns, partnerships with local influencers, and targeted promotions, can help raise the profile of Liquid Lounge and attract new customers.


• Event Hosting: Expanding the events calendar to include themed nights, private parties, and corporate events could significantly boost bookings and bar sales.


• Menu Expansion: Introducing a curated selection of small plates or tapas-style food offerings could encourage longer visits and increased spending per customer.

While the business is still in its early stages, Liquid Lounge has demonstrated strong profitability and consistent growth in its first 14 months. Detailed financials will be provided upon request.

Our client has decided to sell the business due to personal reasons, offering a rare opportunity for a new owner to take over a newly-established, fully operational bar with excellent potential for further growth.

Interested parties are encouraged to get in touch to arrange a viewing and discuss this exciting opportunity in more detail. This is a turn-key operation with all the foundations in place for continued success.

Don't miss out on the chance to own this profitable and stylish cocktail bar and champagne lounge in one of Nottingham's prime locations!

Location
The location is ideal for attracting a diverse clientele, from after-work crowds to weekend revellers. With numerous nearby attractions and a strong local community, the business enjoys consistent traffic and has established a loyal customer base.

Premises
Liquid Lounge occupies a single-fronted premises with eye-catching signage, featuring an interior that accommodates up to 90 people, complete with a designated bar area.

Tenure
This opportunity is being sold on a Leasehold basis.

The advised rent is £700 per month.

New lease to be drafted.

Hours
The current operating hours are:

Monday to Wednesday - Closed

Thursday - 4:00pm to 11:00pm

Friday - 4:00pm to 1:00am

Saturday - 12:00pm to 1:00am

Sunday - 12:00pm to 11:00pm

Staff
The business is run and managed by our client.

Financial Profile
This business generated a turnover of £200,000. Full financials can be made available upon further request.