Bohemian Bar & Kitchen
1-6 Salisbury House - Alcester Road, Moseley, Birmingham, West Midlands, B13 8JE
A busy Cocktail Bar, with plenty of scope for further develoment
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!
Bar
Dining areas
Kitchen
Location
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!
Business Information
Annual rent
£49,500
Weekly rent
£952
Entry costs
£57,475
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 agreement • Tie variations available • Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped • Flexible pricing options available • Greene King is responsible for the structure of the building • Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
Entry costs approximately £57,475.00, 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
£350
Total Entry Costs
£57,475
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.
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2018/19 | 99 | 191 | 3,496 |
| 2017/18 | 107 | 2,800 | 5,389 |
| 2016/17 | 122 | 3,667 | 7,677 |
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
Yes
Trade Dining Areas
Yes
Trade Kitchens
Yes
Trade Food Covers
40
Trade Gardens
No
Trade Patio Areas
No
Trade Rooms to Let
0
Meeting Rooms
No
External Child Play Areas
No
Function Rooms
No
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
No
Dining Rooms
0
Double Bedrooms
0
Single Bedrooms
0
Bathrooms
0
Toilets
1
Private Kitchens
0
Offices
1
Bedsits
0
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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