End terrace house for sale in Manchester M20, 5 Bedroom

Reference - 46734

Description
This is an excellent opportunity to purchase a well established and profitable traditional public house with high wet sales and ever increasing dry sales.

The business is presented to a traditional level with huge potential for sustained and future growth. The Famous Crown offers the finest draught ales, beers and a traditional menu to a large number of regular patrons, as well as general visitors to the area. This fantastic traditional public house is located just a short distance from Manchester City Centre.

Having successfully operated in the city for decades and under current ownership for the last few years, this business has become very highly renowned and earned itself an excellent reputation for offering a traditional pub feel. Due to the nature of the business the owners benefit from a large number of satisfied customers, therefore attracting repeat trade to the business.

The business operates from an imposing corner terraced premises, which is presented to a traditional standard with an excellent range of fixtures and fittings to go with the sale, including a fully fitted catering kitchen which has increased trade for the business.

The Famous Crown is a thriving and lucrative business, which is run by the owners, a manager, 2 kitchen staff, and up to 9 occasional members of staff, offering excellent scope for future growth and improvement therefore ideally suiting an ambitious, energetic owner that has the opportunity to assist the business to continue to thrive.

This is a first class, high turnover, excellent business opportunity with fantastic scope for future growth. A viewing is highly recommended to avoid disappointment.

Sales
Approximate weekly sales are £10,000 wet and £3,000 dry sales.

Accounts
Turnover 2017
£tbc

Trading Hours
Sunday to Thursday
12pm – 12am

Friday and Saturday
12pm-1am

Staff
The business is run by the owner, a manager with 2 kitchen staff, and up to 9 occasional members of staff.

Building External
The business operates from a highly visible, imposing end terraced premises, occupying a prominent position in the city. There is a smoking area to the front of the property, where you can gain access through to the bar. The owners’ accommodation is on the top floor of the property.

Building Internal
On approach to the property you can find a number of small access ways that takes you through to the main bar, with games area and plenty of alcoves with seating. The fully fitted catering kitchen is located just to the rear of the bar.

Residential Accommodation
The owners accommodation is a large 5 bedroom flat with kitchen, dining and living room on the first floor.

Tenure
We are advised that the property is a leasehold with 6 years remaining and a rent of £36,000.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a fantastic opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. A viewing is highly recommended.