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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 5,144 TIME(S)
BUSINESS REFERENCE : 10415 / RightBiz

LEASEHOLD: PUBLIC HOUSE FOR SALE IN GREATER MANCHESTER

 

 
Public House Little Lever, nr Bolton, Greater Manchester T/O: £420,000 GP: 55.7% 60 to 40 wet.dry Prominent trading location on Church Street. Substantial property. 4 bedroom private accommodation 3 letting bedrooms. 'Whitbread' lease tied to beer and bottles only Ref: 10415

BUSINESS LOCATION:

Bolton Manchester UNITED KINGDOM

BUSINESS SECTOR:

Leisure, pubs and hotels

TRADE TYPE:

Pubs Public Houses

SALE:

Agent Sale

LEASEHOLD:

££149,950 + SAV

ANNUAL RENT:

££64000
   
 
   

BUSINESS DETAILS:

Location

The Jolly Carter is located in a prominent and highly desirable corner trading position on Church Street, within the centre of the thriving village of Little Lever, just outside Bolton in Greater Manchester. The premises have a wide and attractive frontage with a large, rear customer car park with capacity for 50+ vehicles. This substantial property also has a popular beer garden with external dining and barbecue areas, as well as an outside smoking facility. The business benefits from a central location within a popular and thriving village, from which it generates much regular repeat custom. The area is easily accessible as Church Street is the main A6053, which is only 1 mile from the main A66, which links Bolton to the M60 and the City of Manchester.

Business History

Bag a Business is delighted to offer for sale this thriving and highly regarded public house, in such a prime trading location, within Little Lever, near Bolton. The Jolly Carter has been operated by our client for the past 28 years and has built up an enviable reputation throughout the region. The business has won numerous national and regional awards and is regularly entered into the 'Pub of the Year' competition. It is exceptionally well supported from within the local community and has a social club, 3 darts teams, 2 pool teams and a rounders team. Currently the business has an annual turnover of £420,000 achieving a 55.7% gross profit on a 60/40 wet/dry split. This is a particularly attractive purchase as the premises have an old 'Whitbread' lease and therefore have no 'bru lines' installed and are only tied to beers and bottles, with wines, spirits, cider and minerals being free of tie. The premises have been meticulously maintained by our clients and benefit from an exceptionally high standard of fixtures and fittings throughout. The private living accommodation is extremely spacious and immaculately presented with four double bedrooms and spacious living areas. The business is also particularly versatile as it has three self-contained letting rooms, which are all of double bedroom size with en-suite shower rooms. This is a unique opportunity to purchase such a thriving and well supported public house, In such a prime trading position, which is only brought to the market due to retirement. Early discussions are highly recommended.

PROPERTY DETAILS
A substantial leasehold public house with a wide frontage occupying a prominent corner site, briefly comprising:

GROUND FLOOR
Main entrance
Public bar opening in to lounge bar
Large games area with pool table, dart board and games machine
Tables, chairs and perimeter seating
Disabled W/C

GROUND FLOOR CONTINUED
Lounge bar with 17 points of dispense
Tables, chairs and perimeter seating for 90 covers
Restaurant/concert room with its own bar with 8 points of dispense
Ladies' and gents' WCs
Fully equipped commercial catering kitchen with:
Commercial grade flooring, stainless steel tables, stainless steel air extraction system, central preparation aisle and full range of catering equipment
Ground floor beer cellar with delivery access from car park

FIRST FLOOR
Self-contained private living accommodation, comprising:
Dining room
Lounge
Landing/office
1 double bedrooms
Bathroom with corner bath and shower above, WC and basin
3 letting rooms
The letting bedrooms are entirely self-contained and are accessed from a separate metal staircase at the rear
Large kitchen with dining area and access to external sun deck

SECOND FLOOR
2 double bedrooms

EXTERNAL
Large rear car park with parking for approx 50 vehicles
Rear garden and lawned areas with numerous picnic tables
Side and rear patio area
Heated smoking area

OPENING HOURS
Sun - Thurs: 12.00pm - 11.00pm Fri & Sat: 12.00pm - 12.00am

FINANCIAL DETAIL
W/T: £8,200 approx
GP: 56%

TENURE
Leasehold
Original length: 20 years
Remaining length: 10 years
Review every: 3 years
Rent: £64,000 per annum
   
  FOR SALE
   

SELLER:

BAG A BUSINESS

CONTACT:

01204 544400

REFERENCE:

10415 / RightBiz

ENQUIRIES:

 
 
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