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Public House And Restaurant In Audenshaw For Lease

Audenshaw, Greater Manchester
Asking Price:
£65,000
Sales Revenue:
£390,000
Cash Flow:
Not applicable

This well established business has been owned by our client since 2013 and is only for sale today to allow our client to retire. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, expanding the public hire/events side of the business. This business has already gained an excellent reputation within the area, achieving a 4 star rating on from over 130 reviews.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

7 year lease from November 2013

Leasehold Rent:

£27,508 per annum

Location:

This business occupies a very visual prime location in Audenshaw, just one mile from Ashton town centre, close to motorway (M60), bus & rail networks. The business also benefits from very high levels of passing trade.

Premises Details:

The large detached premises comprise of central entrance leads to bar area to seat approximately 60, second bar area to seat approximately 40, WC facilities, smoking balcony, back bar room, L’ shaped dining room to seat approximately 50, waiter area, exit to two tier beer garden with seating, large car park for approximately 25 cars. The lower ground floor provides large alcohol cellar, large kitchen with preparation area, cold room, pizza oven, oven & grill. First floor provides large function room to seat approximately 100 with bar, office, 2 bed owner accommodation.

Energy Performance Rating:
C

Business Operation

Competition / Market:

• Taking £7,500 per week
• Rent £529 per week
• 80% wet sales
• Busy main road
• Prominent location close to motorway (M60)
• 60% gross profit
• Seating for approx 150 plus function room for approx 100
• Free of tie
• Close to Ashton town centre
• Scope to expand the public hire/events side of the business
• Car park for approx 25 cars
• 2 bed owner accommodation
• Very high levels of passing trade
• Hours of Opening 12.00noon – 12.00midnight Wednesday to Sunday, 12:00noon - 10.30pm Monday & Tuesday
• 7 year lease from November 2013

Trading hours:

12.00noon – 12.00midnight Wednesday to Sunday, 12:00noon - 10.30pm Monday & Tuesday

Contact Information

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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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