Cheshire - Historic Wet Led Community Local Pub

The British Flag is located in a residential area in the Cheshire market town of Macclesfield. Macclesfield lies on the River Bollin at the edge of the Cheshire Plain, 16 miles south of Manchester, 28 miles east of Chester and 13 miles west of Buxton. The historic town, once famous for its weaving industry and dubbed the 'silk capital of England', offers an abundance of historic and cultural attractions, canal routes and numerous walking routes which include the Cheshire Peaks, the Peak District National Park and Macclesfield Forest. The public house lies just off the A537 with links to Knutsford and junction 19 of the M6 motorway to the west and to Buxton and the Peak District National Park to the east, with the A523 providing links to Greater Manchester northbound.

The British Flag trades as a wet-led public house which serves the local community. The premises has a long history: it was constructed in the early part of 19th century and was a Ginger Beer Brewery in the 1860s. The public house has its own Golf Society and formerly hosted pool, darts and skittles nights. Our clients currently trade as a lifestyle business on limited hours which offers potential for a new owner to increase turnover by extending trading hours. They could also reintroduce games/themed evenings and undertake more extensive marketing. The accounts for year end March 2002 show a net turnover of £87,935 with an adjusted net profit of £37,345.

PLANNING

Full planning permission has been submitted for conversion of the public house with flat above to a single dwelling. Cheshire East Application Number - 24/3247m

FREEHOLD £250,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

The Property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.