Licensed Bar plus Snacks in Lancashire For Sale

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

Turnover £ 6,000
Price £85,000

Features

Well Fitted Licenced Bar & Snack Bar

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

Arched premises with 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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 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.

Trading Hours

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote