Micro Pub for Sale in Redcar North Yorkshire - Pouring Opportunity Available
Redcar, North Yorkshire
- Status
FOR SALE
- Advert ID
647058
- Reference
B09446 / Rightbiz
- Call Agent:
- Leasehold: £29,995
- Turnover: £100,000 (£1,923 per week)
- Profit: £18,000 (18% Profit margin)
Business Details
Pouring Opportunity – Popular Micro Pub in Redcar
BusinessPlease quote reference B09446
CoGoGo is delighted to bring to the market Peggy Junes, a well-loved micro pub located in the seaside town of Redcar. Trading successfully for over two years under the current ownership, the business has developed a strong reputation among locals for its relaxed atmosphere and quality drinks offering.
The venue benefits from a loyal customer base and a thriving community feel, making it a popular meeting spot for regulars and visitors alike. The micro pub model keeps overheads low while allowing strong margins, creating an appealing opportunity for an owner-operator or hospitality entrepreneur.
With a capacity of around 60 customers and an alcohol licence permitting trade from 12 pm through to 1 am (with security), the business offers clear scope for further growth through events, themed evenings, expanded drink ranges, or increased marketing activity.
This is a turnkey opportunity with strong foundations already in place.
Early viewing is highly recommended.
Location
Peggy Junes occupies a trading position in Redcar, a popular coastal town known for its strong local community and visitor appeal. The business benefits from regular footfall from nearby residents and returning customers, helping to maintain consistent trade throughout the year.
Premises
The business operates from a characterful micro pub premises with seating and standing capacity for approximately 60 patrons. The venue offers an inviting and sociable drinking environment designed to encourage repeat custom and community engagement.
Tenure
Leasehold opportunity.
We are advised that the business operates on a 5-year lease with approximately 4 years remaining.
Current rent is £475 per calendar month.
Hours
The premises benefit from a premises licence permitting alcohol sales from 12:00 pm to 1:00 am (with security).
Current trading hours are owner-managed and can be adjusted to suit the new operator.
Staff
The business is family-run with additional ad-hoc support as required.
Financial Profile
We are advised that the business generates an annual turnover of approximately £100,000.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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