Pub/bar for sale in Bolton Street, Ramsbottom, Bury BL0

£34,999
Pub/bar for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property description

Ref 7118 – Leasehold Craft Beer and Real Ale Bar
Blacks Brokers are pleased to bring to the market this leasehold craft beer and real ale bar located in Ramsbottom, Bury.


Introduction


The Ramsbottom Tap was established by our client in this affluent and busy area of Ramsbottom in 2016, however a similar business had been based here from 2008. The business offers a range of fine craft beer, craft ciders, real ales and spirits and has become very well known in this area with a strong base of regular customers in place. It also benefits from a huge amount of passing trade due to this excellent trading position in the centre of Ramsbottom amongst many other bars, eateries and nightlife spots. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. Trip Advisor and Facebook. The Ramsbottom Tap has a comprehensive website in place.


Location


The Ramsbottom Tap occupies a main road trading position within a parade of shops and offices. The area is densely populated residentially and commercially with neighbouring businesses including many independent retailers as well as large multiples such as Tesco and Morrisons. There are also a number of schools and other local amenities nearby. The area is well linked by the M66 with very strong public transport links and parking is available in the immediate area.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


There will be a new six year lease available at a cost of £425 per week.


Staff


The business operates with five members of part time staff in employment supporting our client on a full time basis.


Financial details


The Ramsbottom Tap has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 28th February 2019 show the business has an annual turnover of £175,481 and gross profit of £53,495. Full financial information is available upon request.


Business rates


The business currently benefits from small business rates relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This highly reputable and well established business occupies an enviable trading position in a central area of Ramsbottom. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and longer opening hours to include lunchtimes and possibly breakfasts. There is also some scope to offer catering for other local businesses. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £34,999.

Please quote ref: 7118

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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