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Established Bar & Restaurant For Sale In Glossop For Sale

Glossop, Derbyshire, UK
Asking Price:
£69,950
Turnover:
£260,000
Net Profit:
Not applicable

Taking £5,000 per week.

70% net sales.

Run by staff.

Rent £231 per week.

Capacity for 71 over 2 floors & small alfresco seating to the front.

Scope to increase food offering & to introduce deliveries/takeaway.

Scope to extend opening hours & to introduce private functions/parties.

Possesses alcohol licence.

Town center location.

Mid-parade close to a very busy junction.

Surrounded by pubs, eateries, offices, and shops & close to M&S Food Hall.

Hours of Opening: 4:00 pm-12:00 midnight Thursday, 4:00 pm-2:30 am Friday, 12 noon-2:30 am Saturday, 12noon-12midnight Sunday.

5-year lease from 2021

Property Information

Property:

Leasehold

Lease Terms:

4:00pm-12:00midnight Thursday, 4:00pm-2:30am Friday, 12noon-2:30am Saturday, 12noon-12midnight Sunday.

Leasehold Rent:

£12,012 per annum

Location:

Glossop is a market town in High Peak, Derbyshire, about 15 miles east of Manchester, 24 miles west of Sheffield, and 32 miles north of the county town Matlock.

Glossop is near Derbyshire’s County borders with Cheshire, Greater Manchester, South Yorkshire, and West Yorkshire and is a gateway to the Peak District National Park.

There are regular half-hour train services, increasing to every 20 minutes during rush hour, from Glossop railway station to Manchester Piccadilly station.

The business is superbly situated mid-parade, close to a very busy junction in the town center.

The business is surrounded by pubs, eateries, offices, and shops and benefits from high levels of passing trade.

Premises Details:

Al fresco seating for 6, entrance, large L-shaped bar, ground floor seating for 40.

Stairs leading to the lower ground floor provide a washing-up area, alcohol storage, a food preparation area with cold storage, a 7 7-burner oven, and further preparation area.

Stairs from ground floor to 1st floor providing the ideal space for functions and private parties, ladies and gents WC, 2nd bar, seating for 25.

Business Operation

Trading hours:

4:00pm-midnight Thursday. 4:00pm-2:30am Friday. Noon-2:30am Saturday. Noon-midnight Sunday.