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Greater Manchester - Wet-led Community Pub With Nine Letting Rooms

£50,000

Business rates & charges may apply

Sidney Phillips Limited, North West
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SECTOR

Pub for sale

Key features

  • Manchester suburb of Swinton
  • Sizeable detached building on main A road
  • Two trade areas (75)
  • Nine letting bedrooms
  • Free-of-tie lease
  • Net sales £185,000 per annum
  • SELLER REF 95312

Description

Swinton is a town in the city of Salford, Greater Manchester that lies south-west of the River Irwell and 4 miles north-west of Manchester city centre. The town is an administration centre for Salford City Council and an established industrial area which serves the local community. The area is densely populated but includes open spaces and large green areas such as Victoria Park and Swinton Greenway. Swinton is well connected, being located close to the M60 ring road and A6, and has a good public transport system.

The Oddfellows Arms is a detached, brick built building under a pitched slate roof and dates back to 1860.

The Oddfellows Arms trades as a wet-led public house which serves the local community. The public house element of the business has not been operated to its full potential because our client has been focused on developing the letting rooms. These have proved hugely successful and popular with backpackers and workers visiting the area. The business offers potential for growth via the introduction of a food menu (utilising its trade kitchen) and also through extensive marketing of the letting rooms on other booking sites.

The Oddfellows Arms hosts quiz nights, live music and karaoke as well as two pool teams. We are advised that net sales are in the region of £185,000 per annum with 60% net profit. There is potential for the accommodation to generate in excess of £150,000 per annum subejct to soft furnishings and carpets being installed.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Brochures

Greater Manchester - Wet-led Community Pub With Nine Letting Rooms

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Swinton (Gtr. Manchester) Station0.5 miles
  • Moorside Station0.8 miles
  • Clifton Station0.9 miles

About Sidney Phillips Limited, North West

North West

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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Disclaimer - Property reference 95312. 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 Sidney Phillips Limited, North West. 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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