Bolton Popular Bar, Grill, Diner & Night Club For Sale

Late Licence For Alcohol & Music Til 5:30am

Gross Profit £130,000

Surrounded by Student Accommodation

Customer Seating for 60 Inside & 32 Inside

Free of Tie

EPC – C

Licensed American Bar & Grill / Nightclub with Late Licence till 5.30AM

Established by our client 2 years

Caters for 60 covers indoor & 32 Outdoor (can be increased to 100 on occasions)

Saturday night managed by event company holds 150 guest and operates till 4AM

Purchase price includes up to £1,000 worth of food/drink stock, at the purchasers choice.

A great Venue Hire with 6 pre bookings in place for groups of up to 200 per booking which will be passed on with the sale.

*HUGE POTENTIAL for an enthusiastic, energetic & hands on individual to grow the business further.

Business on sale due to owners other business commitment.

TENURE

Leasehold for 10 years from April 2016

Rent £276 Per Week

HOURS

6 days per week

12 Midday – 10pm

Saturday till Late for late night events held every Saturday’s

STAFF

Kitchen – head chef plus 2

Front of house – 2 full time and 2 part time

FINANCIAL PROFILE

Business rates relief

Water £50 pm

Elec £300 pm

Gas £200 pm

Stock £6000

Assets £40000

OTHER INFORMATION

Can be expanded with time and effort e.g. Karaoke nights, live band, Leaflet drops, online takeaways

Free Street parking

Approx Circa 365sq m

Large ground floor premises with cellar

Reception area with seating for 9 and seating for 60

Wooden floor in reception area

Dining area carpeted

Well presented with wall art and collector vinyl’s , guitars etc.

Good sized bar – Free of Tie

Stock rooms

Nightclub

The premises are fitted out to a high standard night club. The entrance is located on the ground floor which leads down into the lower ground floor. The premises are located on Mawdsley street in the centre of Bolton, in greater Manchester. Nearby operators include Cromton place shopping mall with major high-street retailers, Main Bolton Interchange at its door step,Over 700 Student apartments, over 300 offices, 20 Yards from the town square with a huge footfall and nightclubs, to name but a few. The premises benefits from plenty of passing trade, being a short walk away from Bolton’s main bus and train interchange, the town square and octagon theatre.