£0 £1000000
£0 £1000000

Under Offer

Reputable Bar For Sale

Manchester, Greater Manchester

  • Asking Price: £175,000 +SAV
  • Turnover: We are advised the business generated a turnover of circa £375,000, further financial information can be made available upon request.

    Please quote reference B06946

  • Tenure: Leasehold

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Please quote reference B06946

Hilton Smythe welcomes the market,  The Boiler Room. A modern and vibrant bar located in the heart of Didsbury, Manchester. The business was established by our clients in 2019 after a full renovation of the property.

Since establishment, the business has built up an excellent reputation with all generations, with the high-end bar, extensive wine list, free Wi-Fi and fantastic cocktails.

The 5 star google and Facebook reviews include comments stating, ‘What a fantastic bar, the staff are friendly and knowledgeable on cocktails. We had hired the bar and we couldn't ask for anything more.

The bar is currently holding approximately £4000 in stock, currently offering 8 draught lines an extensive gin and rum offerings along with cocktails, there is plenty of scope for the right person/company to come in and  further the  earning potential.

The premises has a late licence, making this the go to place for locals.

Key points – 

  • Excellent reputation and reviews
  • High footfall location
  • Hand over period offered
  • Low overheads
  • Turnkey business
Scope –

  • Increasing opening hours
  • Newly established business within the organic growth period
The sale of business includes the following:

  • Fully operational kitchen
  • Freezers
  • Fridges
  • Stainless steel worktops
  • 6 burner ovens
  • Salamander
  • Usual kitchen utensils and basic appliances
  • Bar fridges
  • Coffee machine
  • Coolers
  • Glasswasher and ice machine also
  • Tables and chairs
This is an excellent opportunity for a new owner to take this popular and thriving business to the next level; therefore, early viewing must come highly recommended.

The business is run and managed by 5 full time staff members.

The business trading hours are:

Monday to Wednesday - 16:00pm - 23:00pm

Thursday - 12:00pm - 23:00pm

Friday & Saturday - 12:00pm - 01:00am

Sunday - 12:00pm - 00:00am

Bar/restaurant is located on a busy main road in the desirable West Didsbury area, with footfall and market days once a month also. The premises further benefit from ample street parking and nearby car parks. 

The area of the business is well-served by the public transport system, with bus stops within easy walking distance of the property.

Didsbury is a suburban area of Manchester, on the north bank of the River Mersey, 41⁄2 miles south of Manchester city centre. The population is around 26,788.

The layout of the bar, basement is cellar and two toilets, ladies and gents, ground floor, is a large  bar area, and seating for approximately 50 people also there’s a disabled toilet and a fire exit to the rear.

On the first floor the kitchen along with a washroom, there is also space for either a 20/30 seater restaurant or it could be turned back into a dwelling, second floor you will find one room that was a bedroom.

Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £3,000 per month.

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