Font

Description

The property is a double fronted ground floor lock-up premises of brick construction with full height retractable folding doors to the outdoor seating area with bin store to rear.

Location

The property occupies a prominent and highly regarded location, some 4 miles south of Manchester city centre, on Manchester Road in the affluent south Manchester suburb of Chorlton Cum Hardy.

Internal Details

The internal accommodation is air-conditioned within the main trade areas. Open plan bar/restaurant (80) served by a large granite topped stainless steel bar servery to the whole of one wall. It is equipped with fridges, freezers and chillers, tiled floor, raised stage area, fixed perimeter seating and free standing tables and chairs. There are large gliding doors to the front of the trade area which open out onto the outdoor terrace (30 seating).

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Ancillary Areas

Ground floor: Trade kitchen Basement: Ladies and gentlemens' wc's Large trade cellar with beer drop Office Plant room Storage cupboards

The Opportunity

The property is a well-established and highly regarded independent family owned business, specialising in cask and craft beers alongside a fresh seasonal food offer incorporating both vegan and vegetarian dishes.

Trading Information

Annualised trading accounts to December 2023 show a net turnover of £592,131 being split wet 70% / food 25% / other 5%. Gross profit margin of 56%. Further detailed trading information available post viewing.

Trading Hours

The property has a licence granted 22 September 2005 with variation granted on 14 May 2010 for the sale of alcohol from 8am until 12.30 Sunday to Thursday and until 2am on a Friday and Saturday. In addition, the licence allows for the performance of live and recorded music, with dancing permitted from 8am until 12pm Sunday to Thursday and from 8am until 1am Friday and Saturday. Current trading hours: Tuesday: 4pm - 11pm Wednesday & Thursday: 11am - 11pm Friday & Saturday: 11am - 12.30am Sunday: 11am - 11pm Monday: closed

Tenure

Fully protected 10 year lease from February 2018, current passing rent of £36,000 per annum.

Business Rates

The Rateable Value is £21,250 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.