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Pub/bar for sale

£9,950

19 Bank Street, Stoke-On-Trent ST10

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Property description

Business
There has been a similar type of business at these premises for at least the last ten years and the current owners have been running Grizzlys Brewhouse successfully since 2016. They are now only selling reluctantly to concentrate on their other business interests.

The business is a bar and grill.

Grizzlys is a popular venue for the younger crowd in Cheadle and has many regular customers due to the entertainment and regular themed nights including popular karaoke nights.

The business enjoys good visibility on the internet with a Twitter and Facebook page and reviews from the likes of TripAdvisor and .

Scope to improve:
Extend the opening hours, perhaps opening in the mornings for coffees and snacks and introducing a lunchtime food offering.
Website to advertise events and online menus.
Reintroduce a food offering, the business is currently 90% wet sales but has previously been a popular eating destination.
Consider offering Sunday lunches, big demand in the area particularly amongst older residents.
Advertising and marketing campaign.
Maximise the use of social media.
Explore online offerings from the likes of Groupon and Wowcher.
Investigate the viability of JustEat and HungryHouse for food delivery.

Location
Grizzlys Brewhouse is situated just off the main shopping area of Cheadle and as such benefits from high levels of footfall and passing trade. The business is well signed and there are a number of inexpensive public car parks nearby.

Cheadle is a small market town near Stoke On Trent in Staffordshire with a population of 12,165. Markets are held in the market place on Tuesdays, Fridays and Saturdays.

There are several small industrial estates on the site of the former New Haden Colliery and the local Alton Towers Resort employs many of its work force from the Cheadle area. A lot of people in the town commute to Stoke On Trent and Newcastle Under Lyme.

Premises
Grizzlys Brewhouse is situated just off the main shopping area of Cheadle and as such benefits from high levels of footfall and passing trade. The business is well signed and there are a number of inexpensive public car parks nearby.

Cheadle is a small market town near Stoke On Trent in Staffordshire with a population of 12,165. Markets are held in the market place on Tuesdays, Fridays and Saturdays.

There are several small industrial estates on the site of the former New Haden Colliery and the local Alton Towers Resort employs many of its work force from the Cheadle area. A lot of people in the town commute to Stoke On Trent and Newcastle Under Lyme.

Tenure
We are advised this is a Leasehold sale.

4 years remaining on the current lease, as of 2017.

The rent is £19,000 per annum.

We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

There are no business rates currently payable.

Hours
Monday and Tuesday: 06.00pm – 11.00pm
Wednesday: Closed
Thursday: 06.00pm – 12.00am
Friday: 06.00pm – 01.30am
Saturday: 03.00pm – 01.30am
Sunday: Closed

Staff
Grizzlys Brewhouse is owner managed with the help of two full time members of staff and casuals as and when required.

Financial Profile
Grizzlys Brewhouse reports a turnover currently of approximately £63,000 per annum; although the business has enjoyed higher turnover previously.

What Zoopla users think of Cheadle

Overall rating:

  • currently 3.5 stars
Good - 67% (40 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 2 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Cheadle:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Blythe Bridge (3.4 miles)
  • Longton (6.1 miles)
  • Wedgwood (7.8 miles)
  • Manchester International Airport (28.1 miles)
  • East Midlands Airport (29.6 miles)
  • Birmingham International Airport (38.2 miles)
  • Liverpool Pier Head Ferry Terminal (50.8 miles)
  • Woodside Birkenhead Ferry Terminal (50.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (50.9 miles)

Nearby schools

View all schools in Staffordshire Moorlands
  • Bishop Rawle CofE (A) Primary School (0.1 miles)
  • St Giles Catholic Primary School (0.1 miles)
  • Cheadle Primary School (0.2 miles)
  • Thomas Alleyne's High School (7.9 miles)
  • City of Stoke-On-Trent Sixth Form College (7.9 miles)
  • Alleyne's Academy (8.1 miles)
  • The Cheadle Academy (0.3 miles)
  • Painsley Catholic College (0.3 miles)
  • Blythe Bridge High School (3.2 miles)
Note: Distances are straight line measurements

Local info for Staffordshire Moorlands

About the neighbours in ST10

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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