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Ref 6993 – Leasehold Craft Ale & Gin Bar
Blacks Brokers are pleased to bring to the market this leasehold craft ale and gin bar located in Higher Walton, Preston.

Cann Bridge Ale House was established in by our client in this popular area of Higher Walton in 2018, the business was fully refitted prior to opening. The bar has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Trip Advisor and Facebook in addition to the business noted in The Good Beer Guide.

Cann Bridge Ale House occupies a prominent trading position in the centre of Higher Walton. The area is densely populated both residentially and commercially with neighbouring businesses including independent retailers as well as large multiples such as The Post Office. The area is well linked by the M6 and M61 with good public transport links and parking is available in the immediate area.
Reason for sale

The business is ideally suited to a hands-on owner-operating team but due to the demands of our client's other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a three year lease which began in 2018, this runs at a cost of £150 per week.

The business operates with our client in full time employment with the support of one casual member of staff as required.
Financial details

Cann Bridge Ale House has traded solidly since opening and our client has established a strong repeat customer base in a relatively short time. We are advised that the business has annual turnover of £64,675 and gross profit of £29,382. Full financial information is available upon request.
Business rates

The business benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

This is a newly established business which occupies a superb trading position and has a strong base of regular customers in place. Our client has worked hard to generate interest and has provided a solid foundation for a new owner. There is plenty of scope to develop the business further with the introduction of a website, strong marketing drive, longer opening hours and additional staff to manage a higher workload. 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: £56,995.

Please quote ref: 6993

Map & Nearby

Local Amenities

  • Bamber Bridge 1.3 miles
  • Lostock Hall 2.3 miles
  • Higher Walton Church of England Primary School 0.2 miles
  • Walton Le Dale High School 0.7 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Bamber Bridge 1.3 miles
  • Lostock Hall 2.3 miles
  • Higher Walton Church of England Primary School 0.2 miles
  • Walton Le Dale High School 0.7 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Blacks Business Brokers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information.