Pub & Restaurant with Car Park in Greater Manchester For Sale

Detached property, prominent trading position, residential, office and commercial area, GREATER MANCHESTER

Turnover £ 5,000
Price £59,500

Features

Substantial Public House and Restaurant

6 DAYS OPENING

CAR PARK WITH space for 30 cars.

Large rear garden with seating for 85 people next to the canal with children's play area

DETACHED PROPERTY, wood strip floor, selection of lighting

Bar (12 taps) with seating for 10 People, EPOS till, drinks display fridges (glass fronted upright double-door). Tables and chairs providing seating for 30 People

Additional bar with seating for 10 People, pool table, Tables and chairs providing seating for an additional 30 People.

Conservatory with additional Seating for 45 people.

2 x Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

First Floor Function room with Bar & Cash register.

Large Cellar

Kitchen with stainless steel extractor unit, Electric Cooker, 3 microwaves, 3 fridges, freezer. Walkin coldroom, 2 x deep fryer (2 pan), grill, large air fryer, pizza oven (2-deck)

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w.

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff.

Trading Hours

6 Day week
TUESDAY & WEDNESDAY - 3pm - 10pm
THURSDAY 3pm - MIDNIGHT
FRIDAY 2pm - MIDNIGHT
SATURDAY & SUNDAY 12 NOON - MIDNIGHT

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £500 per month . The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2020 at a current rent of £35,000 p.a. + VAT

Business Rates from April 2024 £2,400 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote