Bohemian Bar & Kitchen

1-6 Salisbury House - Alcester Road, Moseley, Birmingham, West Midlands, B13 8JE

A BUSY COCKTAIL BAR, WITH SCOPE FOR FURTHER DEVELOPMENT

Bohemian Cocktail Bar & Kitchen is a busy, well presented site in the busy south Birmingham suburb of Moseley. The site offers a beautiful range of Cocktails to suit all tastes, as well as craft beers, premium spirits and a great wine list. Bohemian also offers a quality a la carte dining menu emphasising on ingredients from all over the world. Events and live sport also play a large part at this great site with themed dining nights, live music, live DJs and Sky Sports on the TV. The Bohemian represents an exciting opportunity to take an already successful business and help it reach new heights!

Location

The Bohemian is located in the heart of Moseley, which is a suburb of South Birmingham, approximately three miles from the City centre. Moseley is considered one of the more affluent suburbs of Birmingham, with some of its street being home to some of the most expensive properties in the City

Business Information

Annual rent

£49,500

Weekly rent

£952

Entry costs

£58,275

Turnover royalty

n/a

Forecasted Operator Turnover

£511,816

Forecasted Operator Profit (inc machine profit)

£48,811

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Blended £36

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry costs approximately £58,275.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent Fixtures and Fittings are valued at approximately £38,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£12,375

Fixtures & Fittings

£38,000

Legal Admin Fee

£850

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£58,275

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 11 410 822
2019 56 2,073 3,420
2018 72 1,755 2,393

As you walk through the front entrance door, there is an open plan trade area with the dual purpose of dining space and dance floor. Additionally, there is also a raised VIP area and DJ booth. Upstairs, you will find a Cocktail making bar and office space

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

40

Trade Gardens

0

Trade Patio Areas

0

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon - Thu 10:00 - 00:30
Fri - Sat 10:00 - 02:30
Sun 10:00 - 00:00

There is no private accomodation

Private Rooms

2

Lounge

0

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

1

Private Kitchens

0

Offices

1

Bedsits

0

BDM Portrait

I am looking for an experienced night club or cocktail bar operator that has knowledge of the local area and has the enthusiasm to grow the business. This is a great opportunity for someone to take this already successful business to new heights. If you are looking for your next opportunity and this fits the bill, please contact our recruitment team for further information

Asa Charlton,

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