Pub/bar for sale in Sale, England, United Kingdom M33

Business
Please 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

Scope 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

Ground floor -

• 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.