Well presented 9 bedrooms - scope to introduce bed & breakfast
Long established and highly reputed business
Genuine reason for sale due to retirement
Situated in the bustling town of Oldham
Fantastic decor throughout
Walk in condition
Meridian Business Sales are privileged to offer this superb public house to the market which our client is reluctantly offering for sale due to her desire to take a well deserved retirement.
The business was established 100+ years ago, however our client took ownership in 1999 and ever since has invested a large amount of time and money creating the business to be her own. She has provided her up most dedication adding her welcoming touch, giving the premise a warm feel decorating it with lovely traditional decor throughout. The large public house holds two bar areas with a variety of ample seating allowing a vary of customers to visit. The business provides a large amount of opportunity to further increase the client base due to the facilities they offer, the premise has a raised DJ area and a fantastic games room which is available to all who wish which consists of a pool table and darts area. Due to the facilities offered, the business is joined with men and ladies darts teams, two pool teams which visit regularly and DJ sessions on Thursday, Friday, Saturday and Sunday.
The business offers a wide range of beverages for customers including spirits, beers, wines, soft drinks and many other associated products. The business is free of tie on cider which is a massive advantage. Our client informs us that they generate a respectable annual turnover. There is massive scope in the business to introduce a food menu and increase the custom base by offering dining services.
The premise has in total 9 bedrooms, one of which is currently used as owners' accommodation. There is scope to use these as letting rooms and provide bed and breakfast services also.
This is a rare opportunity to purchase an established business which is a great base to build upon and as such early viewing is strongly advised as businesses of this calibre do not stay on the market for long.
Imposing 3 storey property with brick built elevations and fantastic traditional decor, briefly comprising: LOWER GROUND FLOOR Beer cellar GROUND FLOOR Secure entrance leading to: Lounge 2x bar areas Ample tables and chairs Raised DJ area Games room Darts area Pool table Fully fitted kitchen Toilet facilities Storage room FIRST FLOOR Owners' Accommodation Fully fitted kitchen 3x double bedrooms Bathroom SECOND FLOOR Owners' Accommodation Single bedroom 5x double bedrooms EXTERNAL Enclosed beer patio/smoking area/BBQ area
The business is situated in the large town of Oldham which is in Greater Manchester, England. It lies amid the Pennines on elevated ground between the rivers Irk and Medlock, 5.3 miles south-southeast of Rochdale and 6.9 miles northeast of the city of Manchester. Historically in Lancashire, Oldham is surrounded by several smaller towns that together form the Metropolitan Borough of Oldham, of which Oldham is the administrative centre. The business is in a corner position surrounded by an array of complementary businesses, residential properties, travel and parking facilities which are all beneficial to the business as it generates much of its trade.
Leasehold Term: Leasehold Lease ends in 2022 Rent: £24,000pa
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