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Lucrative Bar In Fallowfield For Sale

Fallowfield, UK
Asking Price:
£54,950
Turnover:
£156,000
Net Profit:
Undisclosed

Taking £3,000 per week (Wet sales only)
Rent £674 per week
Main seating for 50, plus alfresco for 30
Busy main road, surrounded by shops, eateries, businesses & a residential area, nearby a large new housing development
Area popular with students & young professionals
High levels of passing trade
Scope to extend trading hours
Hours of Opening: 6:00pm-12:00midnight Thursday to Sunday
New Lease Available

*This property has a premises Licence granted by the relevant local authorities. It is a requirement of the Licensing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.
In accordance with Anti-Money Laundering Regulations proof of identification, residence and confirmation of the source of funding will be required from the purchaser.

Property Information

Property:

Leasehold

Location:

Fallowfield is a suburb of the city of Manchester. Historically in Lancashire, it lies roughly 3 miles south of Manchester City Centre and is bisected east-west by Wilmslow Road and north-south by Moseley Road and Wilbraham Road. The former Fallowfield Loop railway line, now a cycle path, follows a route nearly parallel with the east-west man road. The area has a very large student population, the University of Manchester’s main accommodation complex – the Fallowfield Campus – occupies a large area in the north.

This business is superbly located on a very busy main road in Fallowfield town centre, an area very popular with students & young professionals. The business is surrounded by many student bars, restaurants, eateries & student accommodation, whilst also benefitting from high levels of passing trade.

Premises Details:

Alfresco seating for approximately 30, central entrance, main seating for approximately 50, storage cupboard, DJ area, well-appointed bar with seating area, kitchen area, small store cupboard, ladies/gents/accessible W/C, exit to shared yard and bin area.

Business Operation

Trading hours:

Hours of Opening: 6:00pm-12:00midnight Wednesday to Sunday