Buy a business

Exceptional Sports Bar and Themed Music Venue, Peterhead

Peterhead

Advert ref: 1157SAF

Harbour Lights Peterhead is an imposing and commanding sports bar and themed music venue nestled in the heart of Peterhead town centre. Occupying a prominent position, the business combines the best of a town centre sports bar, a cocktail bar and a nightclub. Enjoying a stellar local reputation, it is hailed as the go-to destination in town.

This exceptional freehold opportunity has undergone substantial refurbishment, presenting itself to the market in impeccable condition. Noteworthy features include a delightful, heated beer garden, a perennial favourite among patrons. Recently, a state-of-the-art video wall was installed, creating a captivating focal point for sports enthusiasts, and adding a distinctive touch to the venue.

While the business primarily thrives on wet sales, the inclusion of a catering kitchen opens avenues for introducing food options at the discretion of a new owner. Currently managed by a competent bar manager and a dedicated team of full and part-time staff, the establishment is overseen by its current owners. Operating seven days a week, from 9 am to 1 am.

This multifaceted opportunity extends beyond its core offerings, generating additional income streams. Two commercial spaces are currently leased to a garage business and a dog groomer on a long-term basis.

The property also boasts two sizable residential units, one of which is tenanted by the current bar manager, presenting an immediate income source. The other unit, with its three bedrooms and spacious living areas, holds the potential to further increase revenue. Whether catering to long-term tenants or short-term self-catering accommodation, these properties add to the attractiveness of the opportunity.

The business has a rich history spanning over 50 years within the current owner's family, the decision to place the opportunity on the market is reluctantly driven by retirement plans.

This unparalleled opportunity encapsulates not only a flourishing business but a diverse portfolio of income-generating assets.

Key features:

Property Details: Freehold
Asking Price: £880,000 (Freehold)
Location:

Peterhead.

Premises Details:

The business is accessed at street level and offers and inviting atmosphere. Stepping inside, guests are greeted by the charming public bar area, where 32 seats are complemented by an additional 10 stools at the bar servery. Venturing further, the recently renovated lounge area boasts an outstanding layout. A total of 12 tables, with stylish bar stools, create an intimate setting for up to 56 patrons. Dominating the space is a captivating stage, commanding attention as the focal point and ready to host a six-piece band. Live music has been incredibly popular at the venue. An impressive 9-screen video wall complete with a security roller cover, is also something a bit unique for the town. Entertainment options include darts and pool tables, promising lively gatherings and friendly competition. For those considering food service, a fully fitted small stainless steel commercial kitchen can be found to the rear of the business. Ensuring accessibility and comfort, the establishment features thoughtfully designed amenities. A disabled toilet, equipped with a child changing unit, while the ladies' toilet boasts four cubicles and the gents' area features two cubicles and four urinals. The communal hand sink, accompanied by two Dyson hand dryers, all meticulously finished to a high standard. 

Accommodation Included: Yes
Living Accommodation Details:
There are two 3-bedroom flats included in the sale which are located above the pub. Each are finished to a high standard and include all white goods. They are generously sized with modern fitted kitchens and are to be sold fully furnished providing rental income or owners accommodation depending on a new owner's requirements. They are both accessed with secure pin entry to the side of this imposing property.

×
Exceptional Sports Bar and Themed Music Venue, Peterhead Peterhead
Exceptional Sports Bar and Themed Music Venue, Peterhead Peterhead Click image to expand (12 images)

Financial Details

  • Freehold: £880,000
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
Menu