Snapper Magee’s Torrington For Sale, with or without Building
Asset Sale Description
Attention All Dive Bar Live Music Venue Club Owners
Snapper Magee’s, Water Street, Torrington, CT is up For Sale, with or Without the Building!
This Great Opportunity offers 2 options to purchase this long standing 5,000 S/F, 3 story solid brick Building and fully functional Bar:
1. Purchase the Building, including the main level Bar with an asking price of $300,000.
2. Lease the bar with “NO KEY Money” including a new Long Term Lease at $2,700 monthly, and a first right to purchase the building anytime during the Lease Term. Conditions for the Lease option are as follows: 3 Months Security Deposit, “FIRM”, and Proof of being highly experienced in owning and successfully operating similar bars, and financially stable and Credit Worthy.
Property and Bar Description:
Snapper Magee’s Owner is also the Owner of the Building and has decided, after 8 years, of operation, to close the bar, and concentrate on his other 2 Snapper Magee’s in Westchester County, NY.
The main level Bar consists of 1,700 S/F, which includes a large saloon style Bar, A rear sitting and dancing room, and staging for live bands. There is currently no kitchen in the bar, however there is an additional small room that could accommodate a limited Bar Snacks Kitchen, by installing an exhaust and Ansul System, Flat Top Grill, and Deep Fryer.
The Brick Building offers a third floor fully refurbished and very inviting 2 bedroom apartment, with full bath and kitchen, which is currently leased at $1,000 per month. The second floor space is an unfinished 2 bedroom apartment with new electrical wiring already brought into the space. This space would also make a great recording studio. The lower level Full basement offers abundant storage and a walk-in cooler for beer Kegs. Annual Real Estate Taxes are approximately $5,000.
There is accommodation for limited private parking in the rear plus metered street parking on both sides of Downtown Water Street.
Please See Photos at:
All Reasonable Offers Will be Considered
For Additional Information Contact Exclusive Broker:
PYRAMID RESTAURANT GROUP
“Connecticut’s 1st Choice in Restaurant & Bar Brokerage”
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