Freehold Cocktail Bar With Accom - Rossendale [BB4 8AJ]

- About
Thyme Cocktail & Tapas Bar was established by our client in this busy area of Crawshawbooth in 2023 after undergoing a full refurbishment within the ground floor. The business offers a superb range of tapas, lunches, Sunday roasts and drinks with a restaurant and alcohol licence in place. It has become very well known in this area in a short space of time and has already secured strong base of regular customers with additional new trade generated by this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Trip Advisor. Thyme Cocktail & Tapas Bar has a comprehensive website in place and strong social media following.

The first floor accommodation is almost fully refurbished with some cosmetic work to be finished in August 2024. This large five bedroom apartment will look to command around £1,100 per month in rental income, or could be utilised as an AirBNB or owner's accommodation.

The business is ideally suited to a hands-on owner-operator but due to our client's other business commitments being higher than anticipated, the business and property are offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

- Premises Details
Thyme Cocktail & Tapas Bar operates from the ground floor of an impressive corner property on a busy road. The business has large branding and signage on display to the front and side. Inside, the restaurant is beautifully presented with large, open plan design and seating for around forty in place. The bar is positioned to the side with kitchen, storage and food preparation area behind. All business areas are fully equipped and finished to a very high standard.

To the first floor is a large five bedroomed accommodation with spacious lounge area and fitted kitchen. This space could generate a good rental income or make for a beautiful owner/staff accommodation.

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

- Summary
This newly established business occupies an enviable trading position in a sought after and busy area of Crawshawbooth. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of additional marketing and further use of social media and other online resources along with potential for new menu choices or other cuisines. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.