Licenced Bar plus additional Pub in Greater Manchester For Sale

Situated in the Arches, excellent main road trading position, residential, office and commercial area, Greater Manchester.

Turnover £ 9,500
Price £250,000

Features

Well Fitted Licenced Bar & Snack Bar Plus Additional well Fitted Licenced Bar

6 DAYS OPENING
5 STAR HYGIENE RATING
FORECOURT WITH SEATING FOR 22 PEOPLE

Arhced, Concrete floor, hanging lights. Bar with seating for 5 People with 2 taps, Tables and chairs providing seating for 40 People, CCTV system (6 cameras).

Light catering Kitchen, pizza oven (2-deck), fridge, freezer, dishwasher, microwave.

Additional Function room to rear.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin..
Stock room

LICENCED BAR -

4 DAYS OPENING
FORECOURT & SIDE AREA WITH SEATING FOR 25 people
LIVE MUSIC LICENCE
Capacity 100 people.

Arched Premises, Concrete floor, spot lights & hanging lights. Bar with 24 taps, Tables and chairs providing seating for 50 People, CCTV system (4 cameras, 1 monitor)

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Mexamine level for Live Music Bands..
Cellar / Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx.

LICENCED BAR- WE ARE INFORMED by the owner the wet lead turnover currently averages £3,500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with the assistance of 6 part time staff.

LICENCED BAR- The business is at present operated by 3 part time staff.

Trading Hours

6 Day week
TUESDAY 10am - 5pm
WEDNESDAY 10am - 9pm
THURSDAY 10am - 10pm
FRIDAY 10am - Midnight
SATURDAY 11am - Midnight
SUNDAY 12 noon - 6pm

LICENCED BAR - 4 Day week
THURSDAY - FRIDAY 3pm - Midnight
SATURDAY 12 - 12
SUNDAY 12 -6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a RENEWABLE (Rail Track) lease at a current rent of £24,000 p.a. + VAT

Business Rates from April 2025 £2,900 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

LICENCED BAR- WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 6 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £21,600 p.a. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE 2 LEASES RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote