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Award-Winning Restaurant & Bar with Family Accommodation Haugh Fold, Rochdale, Greater Manchester, OL16 3RF

Offers in Region of
£550,000

£92.24 per sq ft

Business rates & charges may apply

SOVEREIGN BUSINESS TRANSFER, Nationwide
SIZE AVAILABLE

5,963 sq ft

554 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments, A5 Hot Food Take away, C1 Hotels and C3 Dwelling Houses

A3, A4, A5, C1, C3

Key features

  • Award Winning Establishment
  • Trip Advisor #1 of 30 Bars in Rochdale & #1 of 129 Restaurants in Rochdale
  • Spacious Property With 3 Bed Living Accommodation
  • Vast Scope To Develop Third Floor
  • Genuine Reason For Sale - Change In Lifestyle

Description

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.

Award Winning Establishment
Trip Advisor #1 of 30 Bars in Rochdale & #1 of 129 Restaurants in Rochdale
Spacious Property With 3 Bed Living Accommodation
Vast Scope To Develop Third Floor
Genuine Reason For Sale - Change In Lifestyle

Brochures

Award-Winning Restaurant & Bar with Family Accommodation Haugh Fold, Rochdale, Greater Manchester, OL16 3RF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • NewHey Tram Stop0.3 miles
  • Milnrow Tram Stop1.1 miles
  • Shaw & Crompton Tram Stop1.7 miles

About SOVEREIGN BUSINESS TRANSFER, Nationwide

Sinclair House Station Road, Cheadle Hulme, Greater Manchester, SK8 5AF

SOVEREIGN BUSINESS TRANSFER, Nationwide

BUSINESS BROKERS UK

Looking for a business brokers to sell your business? We sell businesses of all kinds, let us help sell yours.

Sovereign Business Transfer is one of the UK’s fastest growing business brokers. We are based in Greater Manchester but sell businesses throughout the UK. Our unique approach is unrivaled in the industry and we deliver business sale results for small to mid-market businesses.

As Business Brokers, we have a list of qualified buyers v

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Notes

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Disclaimer - Property reference 3026. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOVEREIGN BUSINESS TRANSFER, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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