Highly Rated Pub 'The Steamhouse' in Sale Manchester Up for Sale, Promising Growth Potential
Sale, Manchester
- Status
FOR SALE
- Date Submitted:
16/02/24
- Advert ID
606868
- Reference
B07829 / Rightbiz
- Call Agent:
- Leasehold: £149,999
- Turnover: £338,000 (£6,500 Per week)
- Net Profit: Not Applicable
Business Details
Highly Rated Pub For Sale
BusinessPlease quote reference B07829
CoGoGo welcomes to the market The Steamhouse, a highly rated Pub in the Sale area of Greater Manchester.
The business was originally established in 2015, with our client taking over ownership in 2023. The business has built up an excellent reputation and regular customer base during its many years of trading.
It has now come to the open market due to our clients desire to move on.
The Steamhouse is a traditional pub that also offers live music.
There is also a private function room downstairs which can be offered out for hire. The total capacity on the ground floor is around 60 covers.
Key selling points -
- Long Trading History
- Excellent Reputation
- Regular Customer Base
- Opportunity For Further Growth
- Increase advertising and marketing
- Create a dedicated business website
- Extend trading hours
- Show live sporting events
Location
The Steamhouse is located on Northenden Road in Sale, Greater Manchester.
Due to its location and trading position, it regularly receives high levels of footfall and passing trade.
Premises
Ideally positioned in a corner premises.
Basement room -
- Private function room with seating for 60 people
- Private bar area
- WC
- Open plan bar area
- Capacity for 60
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £20,000 per annum.
Hours
The current trading hours are -
Monday to Thursday - 3:30pm - 12:00am
Friday to Saturday - 3:30pm - 1:00am
Sunday - 3:30pm - 11:00pm
Staff
We are advised that the business has 2 part-time staff members.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £338,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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