Public Houses for sale in Wigan

View the "The Red Lion" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were absolutely overwhelmed by the response to our sales advertisement for our Bath Coffee Shop. 

Mike Watts and Wendy Race (September 2016)
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Freehold Price: £449,000
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Business Description

DESIRABLE TO OWN EASY TO RUN HIGHLY PROFITABLE WET ONLY SPORTING FREEHOUSE, A TRUE 'CASH COW', SITTING ON THE MAIN RETAIL SHOPPING STREET OF ASHTON-IN-MAKERFIELD LANCS



  • Sustainable Turnover 2017 show circa £500,000 inc vat 100% Wet. NP Excess £100,000 after all trade expenses having lived out of business

  • Trades as a 'sporting bar' with strong local commuter support & racegoers visiting nearby Haydock Park, sitting on the towns 'drinking circuit'

  • 9181 sq. ft. Commercial & service areas Inc 2206 sq. ft. Bar 10871 sq. ft. Total Inc. upper floors

  • Useful Licence hours 9am till 2am next day all week (currently not taken advantage of)

  • Suited for a brewery/pubco purchase (GA-SELECT could assist with the recruitment of a suitable tenant) or private buyer could also suite FOOD BRANDING

  • Over 2 floors 4/5 bedrooms, lounge, dining, kitchen, 3 bathrooms


LOCATION (WN4 9AG)


ASHTON-IN-MAKERFIELD is a bustling commuter town for the Great Cities & Towns of the so called “Northern Powerhouse” of Manchester, Liverpool, Warrington, Wigan, Bolton, Widnes, Runcorn. Positioned half a mile from J24 M6 & J23 this along with its positioning close to Haydock Park Racecourse & 2 railway stations make the commute easy and convenient for access to Haydock. The property is detached of brick construction under pitched slate roofs and fronts Gerard Street (A58) the town’s main retail street with 200 local & national shops, several bookmakers, estate agents, bars, restaurants & takeaways. This is one thriving locale. with disposable income from locals & sporting racegoers alike. It has a free spending population of circa 29,000.


PROPERTY DESCRIPTION


This is a substantial 3 story Tudor fronted detached property with a total of 10871 sq. ft. of which 2206 sq. ft. is the ground floor bar area and was constructed circa 1893.To its front curtilage is an area for external drinking on the pavement area, to the rear is a patio area used as a smoker’s solution. Also to the rear is an area previously used as a night club which has been developed to individual apartments (this block is not included within the sale and is an investment for our retiring client). The trading area is by way of an L Shaped lounge bar with flat screen TVs & projector (Sky Sport by way of an economic Hotel classification). This is accessed from the front door and provides an assortment of leather sofas & arm chairs with more traditional fixed perimeter seating free standing stools & high chairs for circa 100 people. The BAR SERVERY has a range of Real ale wickets & bright beer pumps. The bar provides some pleasant surroundings of timber, half panels, & painted with assorted photos of the pub & town from earlier days. BEER CELLAR is below ground. FACILITIES for Disabled clients along with Ladies & Gents are to the rear adjacent the pool table. The business has several AWPs and quiz machines etc.


OWNERS ACCOMMODATION


Located to the 1st & 2nd stories the accommodation comprises of 5 Bedrooms, lounge, kitchen, dining room, 3 bathrooms. 1 bedroom is en-suite. These could be developed as self-contained apartments or letting accommodation.


EXTERNALS


The front pavement area can be used for external drinking with a movable railed fence.


A smoking solution & further outside drinking is available by way of a rear walled patio. There is an abundance of public car parking to the rear of the business and opposite across Gerard Street.


PREMISES LICENCE


The business is licensed for the sale of alcohol from 9am until 2am through all 7 days. The present owner opens as & when he sees an opportunity. A personal license will be required and our training associates can assist with this and any other training requirements.


TENURE


We are instructed by our client to offer this business as a FREEHOLD FREEHOUSE with VP.


SERVICES


We are advised that all mains are connected. Business Rates payable are £9194.


THE BUSINESS


Our client has owned the business for over 30 years and provided a substantial living over that period and intends to retire from the trade. Figures for the Y/E 2017 accounting period confirm sales of £496,369 Inc VAT 100% Wet plus machine incomes which will see to above £500,000 Inc. VAT. Substantial NET DISPOSABLE PROFITS are available in excess of £100,000 having lived out of the business Composite Barrelage is running above 400 p.a. PINDERS (2014) report projects a MARKET VALUE adjusted by a further 2 years to our asking price. The owner runs the business on his own with the assistance of local staff & lives off site, due to this we believe that sales could Easily increase reflecting an even greater bottom line.


A TRULY UNIQUE OPPORTUNITY TO ACQUIRE WHAT IS ARGUABLY THE BEST AND WELL LOCATED WET DRIVEN PUB IN THE NORTH WEST OF ENGLAND.


To secure this business a non-refundable deposit of £5,000 will give you exclusivity on this business giving you a lock-out agreement with no further viewings or marketing taking place.


Accounts information will be made available to interested parties after viewing.


Our panel of financial experts are here to help; call for referrals: 01530 414140.


The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251208.


Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.

Tenure: Freehold

Listed by: GA Select
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