Bars for sale in Macclesfield

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Two Established Cocktail Bars - Macclesfield

Macclesfield, Cheshire, England

  • Leasehold Price: £109,995
  • Annual Turnover: £423,800
Seller Reference: 6966
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Business Description
 
 
 
 
 
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Seller Reference: 6966
Request Details
Business Description
Prominent Town Centre Location
Projected Annual Turnover £423,800
Licenced Until 3am
Seasonal Licenced Until 4am/5am
Operating On Limited Hours
Well Presented Throughout
Fantastic Online Reviews
Heavy Footfall Area
Scope To Increase Opening Hours
Potential For Kitchen Area & Food Sales
EPC – C
REF 6966 – Two Leasehold Cocktail Bars

Blacks Brokers are pleased to bring to the market these two leasehold cocktail bars located in a thriving area of Macclesfield, Cheshire.

INTRODUCTION

Thirsty Beak & Harley's Fire and Ice are two well established bars within the heart of Macclesfield’s nightlife area – Dukes Court. Our client opened Thirsty Beak in July 2016 and Harleys Fire & Ice in December 2017. The bars were formally known as Ronnie’s and Society. Both bars are very well known and have a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the businesses both have an excellent reputation and superb reviews are noted on Google and Facebook.

LOCATION

Thirsty Beak & Harley's Fire and Ice are both located within Dukes Court which is just off Mill Street in the busy town centre. The area is densely populated commercially with neighbouring businesses including other nightlife venues, taxi businesses, eateries, independent retailers and large multiples such as Subway and Tesco Express. Macclesfield Station is also close by. Macclesfield is well linked by the M6, A537 and A523 with strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The bars are ideally suited to a hands-on owner-operating team but due to the demands of our client's other business commitments being higher than anticipated, the bars are currently opening on reduced hours and therefore offered for sale. This presents an excellent opportunity for a new owner-operating team to take the businesses to the next level.

LEASE

The building is available on a Full Repair & Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a three year lease which began in July 2017, this runs at a cost of £341.50 per week.

STAFF

The business operates with two members of part time staff in employment supporting our client working on a part time basis. With additional staff and a new, full time owner operator, trading hours could be hugely increased.

FINANCIAL DETAILS

Thirsty Beak & Harley's Fire and Ice have both traded solidly since opening and our client has established a strong customer base with a great projected annual turnover of £423,800.
As mentioned above, it is to be noted that the business is currently operating on limited hours to suit the needs of our client’s busy life – there is much scope and demand to extend opening hours and days.

SUMMARY

This is a unique opportunity to acquire two thriving and popular bars within a bustling area of Macclesfield. Both bars are well known and have strong customer bases in place with the added bonus of superb trading positions. There is plenty of scope to develop the businesses further with the introduction of an owner-operator with staff or owner operating team to accommodate longer opening hours and potentially to introduce food sales into Harley's Fire and Ice which has space for a kitchen and servery area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Beer Pumps/Lines x 2

Britvic Postmix Equipment

Glasswashes x 2

High Quality Sound Systems

Ice Machine

All Glassware and Cocktail Equipment

Furnishings

Lighting
Trading hours:
MON & TUE: CLOSED
WED - SUN: 21:00 - 03:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Thirsty Beak operates from the ground floor of a mid terraced property. The business has striking branding and signage on display above the main entrance area. Inside, there is a main bar area fitted with rustic style décor. There are male and female toilet facilities and a large, private outdoor seating area to the rear – this is within a gated courtyard area.

Harley’s Fire and Ice also operates from the ground floor of a neighbouring mid terraced property. The business is also well branded, it is fitted with large, arched windows and red brick exterior. Inside, the main bar area is large and open plan with seating booths to the sides and dancefloor in the centre. Again, there are both male and female toilet facilities.

Two spaces for owner/staff parking are available within a private car park close by.

Location Details:
Macclesfield
Leasehold Term:
£341.50 Per Week
Listed by:
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