Pub/bar for sale in Bolton, Scotland, United Kingdom BL1

Business
Please quote reference B07831

CoGoGo welcomes to the market an exciting opportunity Loco Bar, a highly rated Bar and Nightclub.

This business was established in 2012 and has recently been rebranded back in 2022, our client is now with heavy heart looking to sell due to his desire to move on to new ventures.

The business is well known locally and loved in the town and has many regular customers, the club is very much a social hub within the community with its popular events. The business also benefits from high levels of footfall and passing trade due to the location.

Along with the impressive turnover we feel that there is fantastic scope for this to escalate by increasing trading hours and pushing for more advertising on various platforms to raise awareness.

This is a tremendous opportunity to own this highly desirable business, an early viewing must come highly recommended to avoid disappointment.

Location
This business is located on Bradshawgate, Town Centre, Bolton.

Premises
The club has great eye catching signage with inviting decoration and an attractive bar area.

Basement

• Office


• Staff Room


• WC

Ground Floor

• Open Plan Nightclub

External Area

• Smoking Area


• Sliding Club entry door for enterance payment

Tenure
We are advised Loco is being sold on a Leasehold Basis, currently on a 10 year lease. The rent is £25,000 per annum.

Hours
The current hours are:

Monday to Thursday - Closed

Friday & Saturday - 8:00pm to 3:00am

Sunday - Closed

Staff
We have been advised there is 7 members of staff within the business.

Financial Profile
Full financials can be made available upon further request.