Bacchus

Description

The venue is located on the ground floor and boasts a versatile layout featuring a stylish bar servery, comfortable lounge seating, VIP booths, a dedicated dancefloor with DJ area, and a shell commercial kitchen ready for fit-out. Designed to accommodate large numbers for club nights, private hire, and events, it operates under a late-night license, typically trading until 2-3am on weekends. The interior is finished to a modern standard, and there is an excellent opportunity for change of use, subject to planning (STP).

Location

Bacchus Bar is prominently positioned on Anchor Street in the vibrant town of Bishop’s Stortford, Hertfordshire. The venue benefits from excellent transport links, with Bishop’s Stortford railway station just a short walk away, providing direct connections to London Liverpool Street and Cambridge. Anchor Street connects to Station Road (A1059), offering easy access to the A120 and the M11 motorway, which links to London and Stansted Airport.

Ground Floor

*Entrance, ticket office, central bar, cloak room, customer toilets, back bar, DJ booth, booth seating areas, commercial kitchen, cellar and storage*

Other Floors

First Floor: DJ booth, office, storage, plant room, security room, staff room.

Fixtures & Fittings

All fixtures and fittings to be included in the sale, a full inventory will be made available.

External Details

The service corridor is accessed from the rear of the building on the ground floor.

Staff

There will be no staff transferring across with the sale.

Trading Information

There are no trading accounts available.

Trading Hours

Previous trading hours: Thursday: 17:00 – 02:00 Friday: 17:00 – 03:00 Saturday: 12:00 – 03:00 Sunday: 12:00 – 23:00 Monday & Tuesday: Closed Wednesday: Closed

Development Potential

This property offers scope for alternative uses, subject to planning consent and the terms of the existing lease. Key considerations include: Permitted Use: Confirmed under the lease; currently operating as a late-night bar/nightclub. Change of Use: Potential to convert to other Class E uses (such as restaurant, café, or leisure) subject to landlord consent and planning approval. Alterations: Structural or layout changes may require landlord consent in accordance with the alterations clause.

Tenure

This is an opportunity to acquire a 15-year, internally repairing leasehold with 10 years remaining. Contracted in to the landlord and tenant act 1954 at a passing rent of £55,000 pa (excluding VAT), subject to five-yearly rent reviews. The landlord will likely require a 3-6 month deposit and/or personal guarantees.

Business Rates

The VOA lists the property with a rateable value of £68,000 from April 2023.

Regulatory

Premises Licence.