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Hilton Smythe welcomes to the market a newly established and extremely highly rated, real ale house, restaurant and live music venue.
The business was established in May 2019, a full renovation of the premises was completed, only now is the business being offered to the market as our client is looking to move back to New Zealand.
The business is a specialist craft beer and live music bar serving quality food in the heart of Manchester’s city centre. With a total of 24 taps rotating a variety of beers, ales and lagers, many hailing from the city’s local breweries. Alongside the beer there is an exciting menu of sausage and mash, Sunday lunches, steak and chips and hotdogs to name a few.
The business is very highly rated with excellent Trip advisor and google reviews.
The venue has seating for 150+ with a capacity for 400, the venue has a large stage for the music events. To the rear of the premises is the huge fully fitted commercial kitchen.
The business already has its own website as well as a large following on their Facebook page. Our clients are offering a handover period to ensure the continued success of the business.
There is also ample scope to increase the turnover, by opening longer hours, pushing advertising and increasing events.
Reasons to buy
Business still in growth period
New equipment and fully renovated to a high standard
Huge amount of scope to increase income
Fully trained staff members
Recent renovation exceeding costs of £1m.
This is a fantastic opportunity that is not to be missed. Viewings are by appointment only and all enquiries are to be directed to Hilton Smythe.
The business is situated in Manchester city centre.
The business is surrounded by complimentary shops and offices, benefiting from a high volume of footfall and passing trade. The business further benefits from ample nearby carparks.
The area of the business is well-served by the public transport system, with bus and tram stops within easy walking distance of the property.
The area is also well served by the A-roads within easy driving distance, which links to the Motorway network.
The business occupies an excellent city centre location attracting a large amount of footfall, with excellent eye caching signage.
The business is styled with high quality, modern décor and bespoke lighting – bar area to the left and stage area to the right of the premises.
Male, female and disabled wc
Equipment included in the sale
Tables and chairs
Till system and card reader
Double drinks display fridges
Bar fridges and display shelving
To the rear of the premises is the fully fitted commercial kitchen housing:
Large walk in fridges
Electric hobs and grills
Ample stainless-steel work benches
Pot wash area with dishwasher
There is also a large storage room behind the kitchen.
We are advised the premises is leasehold with 9.5 years remaining, the landlord has advised our clients a new lease would be available to the purchaser.
The annual rent is £80,000.
The business rates are £40,000.
Sunday - Wednesday 12pm - 12am
Thursday - Saturday 12pm - 3am
The business is currently owner ran with 4 chefs and 5 bar staff.
The business is currently taking over £10,000 weekly, and still in the growth period, with the end of year projection at £1,560,000.
Assets included in the sale amount to over £750,000.
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