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Commercial property for sale

£29,995

Bury BL0, UK

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Property features

  • Huge Scope To Re-Introduce Food
  • Weekly Takings £9,000
  • Gross Profit 52%
  • Semi-Retirement Sale
  • 2 Bedroom Accommodation
  • EPC - C

Property description

Ref 5702 – Leasehold Public House
Blacks Brokers are proud to bring to the market this leasehold public house located in the much sought after area of Summerseat, Bury.


Introduction


The Hamers Arms has been trading since 1848 and is steeped in local history in the village of Summerseat. Our client has been in ownership since 2004. During that incredible trading history the pub has very much become part of the local community, with a huge base of local customers and much trade from visitors to the area.


Location


Summerseat is a charming and popular village close to Bury and Ramsbottom. The area is well linked by the M66 and is densely populated. Other local businesses include a garden centre, convenience shop, pub and restaurant. The area is popular with walkers due to the beautiful countryside surroundings and Summerseat Railway Station is also within walking distance, bringing additional trade from enthusiasts.


Reason for sale


The Hamers Arms is only being offered for sale due to our clients retirement.


Lease


The building is available with competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is a rolling 3 year lease and began in 2014 at a cost of £30,000 per annum.


Building layout and design


The Hamers Arms is housed within the ground floor of a superb, detached built in 1848. The pub is well branded with clear signage on display and a large car park to the front. The main entrance leads directly into the main bar area, with dining area and a separate pool & darts room. The pub has a traditional, warm and welcoming feel, complete with real log fire for the colder days and a superb beer garden for the warmer months.
The professional kitchen is well equipped and well maintained, with all fixtures and fittings of good quality. On the lower ground level is the beer cellar with arched roof. This is well organised and maintained to a high standard.
The living accommodation is housed within the first floor of the property, comprising of 2 bedrooms, family bathroom with shower, kitchen, living room and office it provides a superb base for an owner operator to live comfortably.All areas are presented well with traditional décor. A full inventory is available on request.


Staff


The Hamers Arms is currently operating with our client in management and four additional, full time staff. During busy times such as bank holidays or events, some casual staff are used for additional cover.


Financial details


Financial details are available upon a viewing of the business and The Hamers Arms has traded solidly over its trading history. The business generates weekly takings of £9,000 with strong and consistent gross profits of 52%. Many customers are from the local area as one would expect, with around 65% of trade coming from regulars and 35% from new business and passers-by.


Summary


This leasehold business offers a new owner a superb opportunity to enjoy village life in a superb pub, close to larger towns such as Bury. The 300+ barrelage per year ensures a superb relationship with the brewery and the pub has been recognised with numerous award year on year, such as being named “National Winner of the Star Bar & Pubs (Heineken UK) ‘Heart of the Community’ pub of the year for 2013.”The wet split of sales is on average 20/80, with many regular diners and a most enviable reputation, boasting a 5* hygiene rating. There is plenty of scope to develop the business further with more marketing and social and online presence and possibly some decoration internally. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It would benefit the buyer to re-introduce the sale of food. Early viewings are strongly advised and are welcomed by appointment only. Business: £29,995.

Please quote ref: 5702

Property info

What Zoopla users think of Ramsbottom

Overall rating:

  • currently 4.5 stars
Very good - 93% (63 ratings)

Ratings breakdown:

  • currently stars
Community & safety
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Entertainment & nightlife
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Parks & recreation
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  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
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  • 1
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  • 5
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  • currently stars
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Nearby transport

  • Bromley Cross (Lancs) (3.7 miles)
  • Hall-i'-th'-Wood (4.3 miles)
  • Entwistle (4.3 miles)
  • Manchester International Airport (19.0 miles)
  • Liverpool John Lennon Airport (29.7 miles)
  • Blackpool International Airport (30.6 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.9 miles)
  • Liverpool Pier Head Ferry Terminal (31.7 miles)
  • Liverpool Isle of Man & Dublin Terminal (31.7 miles)

Nearby schools

View all schools in Bury
  • Holcombe Brook Primary School (0.3 miles)
  • Summerseat Methodist Primary School (0.5 miles)
  • Greenmount Primary School (0.8 miles)
  • Bury College (2.7 miles)
  • Excel and Exceed Centre (2.8 miles)
  • Holy Cross College (3.0 miles)
  • Woodhey High School (0.6 miles)
  • Darul Uloom Al Arabiya Al Islamiya (1.0 mile)
  • Tottington High School (1.2 miles)
Note: Distances are straight line measurements

Local info for Bury

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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