Large Traditional Public House In Manchester Suburb | | Wythenshawe Manchester | | 100% wet sales Public House Woodhouse Park, Manchester Densely populated residential area WT £6,500 100% wet scope for food GP 52% 4-bedroom accommodation Scope for B&B large Function room licensed for 150 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54134
ADVERT IMPRESSIONS : 13,309 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £69950 +SAV | ANNUAL RENT: | £37000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Cornishman Hotel is located in a densely populated residential area in a prominent corner location on a busy main road. The public house is adjacent to parade of shops and situated amongst one of the largest housing estates in Europe. The business is located close to the airport and motorway network and draws its trade from the wealth of local as well as passing traffic.
Business History
Preferred Commercial is delighted to offer for sale this very well established and well known public house on one of the largest estates in Europe. The business is only now being placed on the market after 31 years in the same hands, due to a well-earned retirement. The current weekly turnover is in the region of £6,500 on wet sales only, achieving a gross profit of 52%. This represents a rare opportunity to take the helm of a very well run and respected business, which could greatly increase turnover with the introduction of food, taking full advantage of its proximity to Manchester Airport and the motorway network, as well as the city centre. The business further benefits from a large function room licensed for 150 people, allowing for weddings, theme nights and birthday parties to name but a few. The function room further benefits from its own entrance with cloak room and toilets. at present the function room is used as a club at weekends. We feel this is a thriving business that offers infinite scope for further development and must be viewed to fully appreciate. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
WT: £6,500 wet sales only
GP: 52%
Opening Hours
Mon - Thurs: 12.00pm - 11.00pm
Fri - Sat: 12.00pm - 11.30pm
Sun: 12.00pm - 11.00pm
Accommodation Details
Multi-fronted, prominently located, detached 2-storey public house. Briefly comprising:
Ground Floor
Main entrance leading to
• Large bar area with 7 tables and chairs, bench seating to perimeter with a further 2 tables, 14 dispensing point to bar with 4 x single bottle chillers 1 x double bottle chiller, large optics bar, a mixture of tiled flooring and carpet, cigarette machine and gaming machine
• Small snug to the right of main bar area with brick fireplace and 2 sofas.
• Ladies toilets
• Second bar area: Large room with bench seating to all walls with 10 tables, large feature fireplace, good sized bar with 4 dispensing points, bottle chiller, small optics bar, store cupboard and 3 large windows allowing large amount of natural light
• Games Room: Bench seating with 5 tables, pool table, darts oche, bar with 9 dispensing points and 2 bottle chillers
• Function Room: Licensed for 150, separate entrance, raised stage area, large DJ booth with amps and decks full lighting rig, wooden dance floor, projector and screen, large booths with bench seating and 15 tables with room for lots more. Large bar area with 11 dispensing points, 2 single bottle chillers, 1 double bottle chiller, 2 large optic displays, • Fire exit
• Cloakroom and toilets
• Commercial kitchen with stainless steel preparation area, 4-burner range, 2 fryers, grill, 3 microwave ovens, toast maker, refrigerators and freezers and more
Cellar
• Separate boiler room
• Large barrel room
• Barrel drop
• Storage
• Large storeroom not used at moment
• 2 offices
First Floor
• Separate entrance hall
• Large lounge
• Dining room
• Fully fitted kitchen
• Bathroom
• Separate WC
• 3 large double bedrooms
• 1 single bedroom
External
• Good size beer terrace at front, 2 smoking shelters and approximately half an acre of land to side that could be converted into beer garden.
Tenure
Leasehold
Original length: 21 years
Remaining: 17 years
Review: every 5 years
Rent: £37,000 per annum
Marston's plc lease fully tied | | | | | | FOR SALE | | | | | REFERENCE: | 1234 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
