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Licensed Bar And Restaurant In West Didsbury For Sale

West Didsbury, Greater Manchester
Asking Price:
£159,950
Sales Revenue:
£520,000
Cash Flow:
Not applicable

This well established business has been owned by our client since 2011 and is only for sale today due to our client’s other business commitments. 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, extending the current opening hours.

Property information

Property:

Leasehold

Lease Terms:

Awaiting lease details

Leasehold Rent:

£37,024 per annum

Location:

This business occupies a fantastic location on a very visible corner on the much sought after Burton Road, close to numerous other bars, eateries, independent shops, offices and the Metro Link stop. The business is also surrounded by an affluent residential area, highly popular with students, young professionals and families.

Premises Details:

The electrically shuttered premises with al fresco seating for approximately 18 provides very well appointed seating area for approx 40, ‘L’ shaped bar, seating for approx 6, preparation area, rear seating area for approx 10 and ladies & gents WC facilities. Stairs lead down to large kitchen with large preparation area, cold storage, dry store area, washing up area and beer cellar. The self contained 1st floor flats provide large lounge, kitchen, large bedroom and bathroom/WC facilities.

Energy Performance Rating:
F

Business Operation

Competition / Market:

• Taking £10,000 per week
• 70% wet sales
• 30% food sales
• Very visible corner site in much sought after location
• Seating for 56 plus al fresco seating for 18
• Surrounded by numerous bars, restaurants, cafes and other businesses
• Close to offices, metro link station, a large affluent residential area
• 2 self-contained flats included
• Rent £712 per week
• Hours of Opening 10:00am – 11:00pm Sunday to Thursday & 10:00am – 12:00midnight Friday & Saturday
• Awaiting lease details

Trading hours:

10:00am – 11:00pm Sunday to Thursday & 10:00am – 12:00midnight Friday & Saturday

Contact Information

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  1. What will happen?

    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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