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Award-Winning Restaurant & Bar with Family Accommodation For Sale Rochdale

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Business ID:3026
Price: £500,000+SAV
Annual Turnover: £210,000
Business Category: Bars & Restaurants
Location: Greater Manchester
Tenure: Freehold
Living Accommodation: Yes
EPC Rating: C

Sovereign Business Transfer is delighted to present an extraordinary investment opportunity in the heart of Newhey, Rochdale.

This award-winning restaurant and bar combines culinary excellence with a thriving business model. Boasting an impressive annual turnover of £210,000, this establishment has become a local favourite, recognised for its exceptional service, theme nights and culinary offerings.

With a robust annual turnover, this business demonstrates a solid financial foundation and promising returns on investment.

The property (554m2) includes a spacious first floor three-bedroom family accommodation, providing a comfortable and convenient living space for the owners or management.

The property presents an exciting opportunity for expansion, with the potential to develop the third floor into additional living accommodation or self contained lettings. We have also been advised by our client that the premises lapsed planning permission for seven apartments.

Normally planning permission will be granted again but there are circumstances where this may not be the case. For example, if the planning policies of the Council have changed in the intervening 3 years or the Government introduces new legislation that changes the outcome of the process.

In summary, this is a rare chance to acquire a thriving business with immense potential for growth and expansion. Whether you are an experienced restaurateur looking to enhance your portfolio or an investor seeking a lucrative venture, this opportunity should not be missed.

Please note we have been advised by our client that the property apportionment of the sale will be subject to VAT.

For further information or to arrange a viewing, please contact Sovereign Business Transfer.