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Restaurant and bar for sale in Oldham Manchester with high visibility on a main road

Oldham, Manchester
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Restaurant/Bar in Oldham Photo 1
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Restaurant/Bar in OldhamRestaurant/Bar in OldhamRestaurant/Bar in Oldham
  • Leasehold: £74,950
  • Turnover: £338,000 (£6,500 per week)
  • Profit: Not Applicable

Business Details

Restaurant Bar in Oldham

Taking £6,000 - £7,000 per week
Rent £260 per week
Seating for 80 with ‘L’ shaped bar
Busy main trunk road, amongst other businesses, near industrial estate & close to Motorway Network
Very high levels of passing trade
Hours of Opening: 2:00pm-10:00pm Tuesday to Wednesday, 11:00am-11:00pm Thursday to Sunday 2:00pm-10:00pm Closed Mondays
5 year lease from 2023 with 3 year rent reviews

RESTAURANT/BAR:OLDHAM: Superbly situated with high visibility on a main trunk road, surrounded by many other businesses, an industrial area & close to a busy motorway network, taking £6,000 - £7,000 per week, rent £260 per week.

LOCATION
Oldham is a town in Greater Manchester, England. It lies amongst the Pennines on elevated ground between the rivers Irk and Medlock, 5 miles southeast of Rochdale, and 7 miles northeast of Manchester City Centre. It is the administrative centre of the Metropolitan Borough of Oldham. Greater Manchester is a metropolitan and ceremonial county in North West England. It borders Lancashire to the north, West Yorkshire and Derbyshire to the east, Cheshire to the south, and Merseyside to the west. Its largest settlement is the city of Manchester.

The business is superbly situated with high visibility on a main trunk road and is surrounded by many other businesses, an industrial area and is close to a busy motorway network. The site also benefits from high levels of passing trade.

PROPERTY DESCRIPTION
Large detached property, entrance, seating area for 30, 'L' shaped bar, seating area for 25, dance floor, seating area for 25, kitchen providing 6 burner oven, 3 large single burners, preparation area, cold storage, washing up area, 2nd kitchen providing cold storage, tandoor oven, washing up area, charcoal grill, preparation area, 10 burner stove, ladies & gents WC and basement providing storage.

Exit to very large walled (possible) beer garden area, storage shed and bin area.

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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.

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