Bohemian Bar & Kitchen

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

AN ESTABLISHED LATE NIGHT COCKTAIL BAR, WITH SCOPE FOR FURTHER DEVELOPMENT.

Bohemian Bar & Kitchen is a busy, well presented site in the busy south Birmingham suburb of Moseley. The bar is currently trading at weekends only specialising in Caribbean Cocktails. The bar has real potential to create a quirky street food offer to ensure the venue becomes an all day venue which can transform throughout the week, with younger party seekers at the weekend and older age groups throughout the week looking for new experiences. Greene King would be prepared to consider a transformational investment with the right new partner with a creative new vision for the Bohemian.

Location

The Bohemian is located in the heart of Moseley, which is a suburb of South Birmingham, approximately 3 miles from the City centre, located on a busy crossroad. 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

£43,000

Weekly rent

£827

Entry costs

£34,625

Turnover royalty

n/a

Forecasted Operator Turnover

£533,543

Forecasted Operator Profit (inc machine profit)

£42,605

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£108

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement. A fixed 5 year term

Entry cost is approximately £34,625 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £24,000. 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

£10,750

Fixtures & Fittings

£6,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£15,000

Other Costs

£1,150

Total Entry Costs

£34,625

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 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 0 0 0
2022 0 0 209
2021 2 63 3,092

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 small office space. Externally, there is a small smoking area.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

55

Trade Gardens

0

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

0

Current Premises Licence 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 a experienced operator that has the vision to maximise the exceptional location of the site, who we could potentially invest with to create a quirky offer that will excite the cosmopolitan customers of Moseley.

Bruce Wakeling, Business Development Manager

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