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Profitable Inn/Restaurant/Bar In Bolton For Sale

Bolton, Lancashire, UK
Asking Price:
£1,100,000
Turnover:
Available on request
Net Profit:
Available on request

Pub & Restaurant, West Pennine Moors

Bob’s Smithy Inn, near Bolton

Offers Over £1.1m

• Opportunity

Bobs Smithy Inn is a very special business, Already a very successful and highly profitable pub & restaurant, the opportunity to increase turnover is very straightforward

Rated in the Top 10 restaurants in Bolton, which has 275 restaurants

• Internal Details

Bobs Smithy Inn, 225 sq m

Restaurant with 60 covers

Bar area with 40 covers

very well-equipped, large commercial kitchen

Two-bedroom owners apartment, 100 sq m

spacious apartment with stunning panoramic views

Accessed through the pub

One-bedroom staff apartment (40 sq m)

Separate entrance through the car park at the rear of the property

1454 Chorley Road, sq/m, available by Separate Negotiation

Two-bedroom cottage with roof terrace

Planning permission granted to incorporate into the pub and increase the seating capacity

Please see the floor plans for further information

• External Details

Outside seating for up to 90 persons

Car parking for up to 40 cars

Please see the aerial photographs

• Development Opportunity

Planning permission has already been granted to extend the seating capacity of Bobs Smithy into the adjacent property

Further planning permissions has also been granted to extend the first floor to the rear of the property, offering further accommodation

The pub and restaurant could be extended much further across the entire ground floor if all properties on the terrace row were purchased; this could then also see the addition of letting rooms to the business model

Four-bedroom properties in the area often achieve circa £1m, thanks to the unparalleled views across the Pennines to Manchester

• Location

Bob’s Smithy Inn, 1448 Chorley Road, is at Bottom o’th Moor in the West Pennines, near Bolton

Sought-after area with stunning panoramic views across Lancashire

Close to the Woodland Trust at Walker Fold, the area attracts significant numbers of walkers throughout the year, exploring the wonderful Moors surrounding the area

The affluent area is known for quality food destinations

• Fixtures & Fittings

All fixtures and fittings not personal to the vendors are included in the sale

• Financials

Accounts for the year ending November 30, 2022, show a turnover of £794,592, delivering an incredible adjusted net profit of £226,752

Full accounts are available

• Tenure

Nationwide Business Sales are thrilled to offer this very profitable opportunity to the market at Offers Over £1.1m

• Further Information & Useful Links

* Five-year ROI
* Turnover: £800k
* ANP over £225k
* FULL Planning
* Outside seating
* Huge car park
* Development options
* Outstanding opportunity
* Top 10 restaurants

Property Information

Property:

Freehold