Pub for sale

5-7 Church Street - M46

£270,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well known Town Centre Free House
  • Prominent trading position, neatly presented throughout
  • Weekly takings 2,900, potential for food/ longer openings
  • Spacious 4 bed private accommodation, excellent opportunity, owner retiring

Full description

Tenure: Freehold

Description
This is an excellent opportunity to purchase a well known freehold public house which occupies a prominent trading at the heart of the bustling town centre of Atherton in Greater Manchester.
The Red Lion occupies a commanding position opposite the church and amongst an abundance of commercial, retail and food outlets with a large number of residential dwellings in the neighbouring vicinity. The town is therefore a hive of activity throughout the day and night attracting high levels of regular local and passing trade.
Having served the locality for many years, the business has forged strong relationships with the community and the business therefore boasts an extensive and loyal customer base. The pub has a resident pool and darts team and provides occasional entertainment.
The substantial and imposing property provides welcoming accommodation with tasteful décor creating a homely environment. The open plan lounge bar is well presented with a central servery, quality pub furniture and fitments. There is also games room with traditional furniture, pool table and a dart board.
The Red Lion is a successful and profitable business yet is an entirely wet sales business and therefore offers genuine scope for future growth and improvement. The business would ideally suit an energetic and enthusiastic owner operator who can introduce bar snacks with the opportunity to also extend the opening times. These enhancements will undoubtedly increase the turnover whilst ultimately enhance overall profitability.
This is an excellent opportunity to purchase a long established business which is only now being offered for sale due to retirement and viewing is therefore recommended to avoid disappointment.



Sales
Currently shop sales average £2,900 approximately.

Accounts
a) Available accounts are to year end 31st July and are summarised below:
2015 - Sales £148,940


Trading Hours
Monday — Friday 16:00 — 24:00
Saturday 12:00 — 24:00
Sunday 12:00 — 24:00



Staff
Managed by the owners with part time staff.

Building External
The substantial and highly visible double fronted property provides unusually spacious and versatile accommodation which is well presented throughout. To the rear of the property there is a separate detached two storey building in need of renovation.



Building Internal
The entrance/ vestibule leads to a welcoming open lounge bar which is neatly presented with tasteful décor and furnishings, a central servery and traditional pub furniture. There is a separate games room housing a pool table with perimeter seating. There is a well equipped kitchen which is currently not utilised, ladies and gent’s toilets and a beer cellar. Externally there is a pleasant decked beer patio and a children’s play area.



Residential
The comfortable private living quarters have tasteful décor and briefly offers a spacious living room with a feature fireplace, fitted kitchen, office, three double bedrooms, a single bedroom, bathroom, shower room and a separate toilet. Externally there is long rear driveway and private parking for several vehicles.

Tenure
We are advised that the property is freehold.


We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


Summary
This is an excellent opportunity to purchase a well known business with genuine potential for future growth and improvement. Only now being offered for sale due to retirement, viewing is highly recommended to avoid disappointment.



Nearest stations

  • Atherton (0.6 mi)
  • Hag Fold (0.7 mi)
  • Daisy Hill (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Atherton (0.6 mi)
  • Hag Fold (0.7 mi)
  • Daisy Hill (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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