Exclusive Opportunity to Acquire Two Successful Bars in Leek, Staffordshire
Exclusive Opportunity to Acquire Two Successful Bars in Leek, Staffordshire
Overview
Description
A rare and confidential chance to own two thriving, complementary bars in a prime location.
Take advantage of this unique and confidential opportunity to purchase two popular and well-established bars in the heart of Leek, Staffordshire. These complementary businesses are being offered for sale as a going concern due to the owner’s other business commitments.
Benefits of ownership:
- Two thriving bars with strong trade figures and reputation
- Loyal local customer base and tourist attraction due to proximity to The Peak District
- Both businesses are largely staff run, allowing flexibility for owner-operators
- Combined pre-tax profits of around £100,000 per year for a full-time owner-operator
- Leasehold with 5-year renewable leases, each with a rent of £12,000 + VAT per annum
- Small Business Rate Relief currently enjoyed by both venues
- Prime location in the bustling town centre of Leek, Staffordshire
- Excellent transport links, well-connected by the M6 and A523 with good public transport options
- An attractive investment for anyone looking to enter the bar industry or expand an existing portfolio
Asking Price: Leasehold offers around £120,000 + SAV for the combined benefit of the leases, goodwill, fixtures, and fittings of both businesses.
Don’t miss this confidential and rare opportunity to own two successful and complementary bars in a prime location. Get in touch with us to find out more and take the first step towards an exciting new venture in the hospitality industry.
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