Restaurant/cafe for sale in Manchester, England, United Kingdom M3

Business
Please quote reference B07164

CoGoGo are delighted to welcome to the market The Mews Bar and Charcuterie, a highly rated wine bar business located in Manchester.

The Mews Bar and Charcuterie was originally established by our client in April 2021, building up an excellent reputation and repeat client base during the short of trading.

The business has now come to the open market due to our clients desire to get out of the industry.

They serve carefully hand picked wine, specially crafted cocktails and a crowd pleasing beer selection.

The Mews Bar and Charcuterie is free of tie, with a sales split of 75% wet & 25% dry and have approximately 80 brewers. They also offer live music.

Key selling points -

• Large inside characterful bar/seating area with vaulted ceilings.


• Large outside area that is private land


• Late license over the weekend


• Deansgate Location


• Centre will be redeveloping in the near future

Scope to improve -

• Lots of room to expand - 2 large rooms


• Increase trading hours

Location
The Mews Bar and Charcuterie is located in Deansgate, in the Great Northern area of Manchester.

Situated up on Deansgate Mews with indoor seating and a large, secluded outdoor terrace.

Premises
Occupies a multi fronted, terraced premises.

Basement floor-

• Has a fully equipped beer cellar and stock storage. Second room currently used for storage

Ground floor -

• 1 Large room containing open kitchen, fully fitted bar and large seating area. 2 x toilet cubicles and 1 x disabled toilet. Second separate room, currently used for storage.

External area -

• Very large external area measuring 18m x 4m. Seating for over 100 people

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 3 year lease (signed April 2021). The rent is £1,300 per month (including VAT).

Hours
The current trading hours are -

Monday – 5:00pm – 11:00pm
Tuesday – 5:00pm – 11:00pm
Wednesday – 5:00pm – 11:00pm
Thursday – 5:00pm – 1:00am
Friday – 3:00pm – 1:00am
Saturday – 12:00pm – 1:00am
Sunday - 12:00pm – 11:00pm

Staff
We are advised that the business has 5 members of staff.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £375,000. Further financials can be made available upon request.