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Pub/bar for sale

£25,000

Salford M6, UK

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Property description

Ref 5889 – Leasehold Pizzeria & Bar
Blacks Brokers are proud to bring to the market this leasehold pizzeria and bar located in a popular and much sought-after area of Salford, Greater Manchester


Introduction


Monty's Bar & Pizzeria has been trading on Langworthy Road since 2014 when our client set the business up. During that three-year trading history, it has firmly established itself within the local community, gaining a large, repeat customer base and a great reputation along with a 5* hygiene rating.


Location


Situated on Langworthy Road, close to many other local shops and businesses, Monty’s benefits from superb town centre location in Salford close to Salford campus and media city. Public transport links in the area are excellent and parking is available to the rear of the property. The area is well populated residentially in addition to commercially, giving the business a good base of local customers.


Reason for sale


Monty's Bar & Pizzeria is only being offered for sale due to our client’s family commitments.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease has 9 years remaining (correct as of September 2017). The current lease runs at a cost of £5,500 per annum.


Building layout and design


Monty's Bar & Pizzeria is housed within a single fronted retail unit within a parade of shops and businesses. The business is well branded with clear signage displayed and a mainly glazed frontage. Inside, the bar is positioned to the left of the main dining area with seating for around 24. The decor is stylish, and ordained with Manchester based bands, artists, street scenes and the like. The first floor houses the commercial kitchen and an additional, spacious private room that could be used for functions or potentially to offer further seating.All areas are presented to a high standard with good attention to detail.


Staff


Monty's Bar & Pizzeria is currently operating with one full time and three zero hours contract staff.


Financial details


Financial details are available upon a viewing of the business and Monty's Bar & Pizzeria has traded solidly over its trading history. The business generates an annual turnover of £81,200 with gross profits of £54,404.


Summary


This leasehold business delivers consistent takings with good gross profits year on year. There is plenty of scope to develop the business further such as increasing the opening hours or even building an outdoor beer garden to the rear of the property. There are even more income opportunities with the addition of takeaways and deliveries which are very much in demand in this area of Salford. 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. Business: £25,000.

Please quote ref: 5889

Property info

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (368 ratings)

Ratings breakdown:

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Nearby transport

  • Salford Crescent (0.8 miles)
  • Eccles (Manchester) (1.6 miles)
  • Salford Central (1.6 miles)
  • Manchester International Airport (9.2 miles)
  • Liverpool John Lennon Airport (25.2 miles)
  • Blackpool International Airport (36.0 miles)
  • Liverpool Pier Head Ferry Terminal (29.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (29.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (29.5 miles)

Nearby schools

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  • Willow Tree Primary School (0.1 miles)
  • Holy Family VA RC Primary School (0.2 miles)
  • Lark Hill Community Primary School (0.3 miles)
  • UTC@MediacityUK (0.8 miles)
  • Edstart (1.0 mile)
  • Salford City College (1.3 miles)
  • Buile Hill Visual Arts College (0.6 miles)
  • All Hallows RC High School (0.9 miles)
  • Oasis Academy MediaCityUK (0.9 miles)
Note: Distances are straight line measurements

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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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