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Licensed Bar And Restaurant In West Didsbury For Sale

West Didsbury, Greater Manchester
Asking Price:
£70,000
Sales Revenue:
£286,000
Cash Flow:
Not applicable

This business has been owned by our client since November 2017 and is only for sale today due to our clients relocating. 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, introducing breakfast/lunchtime openings. This business has already gained an excellent reputation within the area, achieving a 4.5 star rating.

Property information

Property:

Leasehold

Lease Terms:

15 year lease from November 2017, with 3 yearly rent reviews

Leasehold Rent:

£30,004 per annum

Location:

This business is superbly located 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 provide dining area for approximately 40, ‘L’ shaped bar with seating for approximately 6, 2nd dining area to seat approximately 40, ladies, gents & disabled WC facilities, large rear kitchen providing washing up area with machine, preparation area, heated pass, charcoal grill, 4 burner oven, walk in fridge, dry store room, office, exit to yard & good sized store room. Side exit from restaurant leads to patio area.

Energy Performance Rating:
C

Business Operation

Competition / Market:

• Taking £5,500 per week
• 10% deliveries
• 5% takeaway
• Much sought after location
• On busy main road within popular village centre
• Seating for approx 86
• Surrounded by independent bars, restaurants, cafes, pubs and other businesses
• Within highly popular area with students & young professionals
• Scope to introduce breakfast/lunches
• Close to offices, metro link station, a large affluent residential area
• Rent £577 per week
• Hours of Opening 5:00pm – 10:00pm Tuesday to Friday & 12:00midday – 10:00pm Saturday & Sunday
• 15 year lease from November 2017, with 3 yearly rent reviews

Trading hours:

5:00pm – 10:00pm Tuesday to Friday & 12:00midday – 10:00pm Saturday & Sunday

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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