Business for Sale in Leek, Staffordshire Exclusive Opportunity to Acquire Two Successful Bars in Leek, Staffordshire

Leasehold Price £120,000

Key Information

Reference
VX35038V
Tenure
Leasehold
Status
For Sale
Region
Staffordshire
Sector
Bars
Annual Sales
£340,000.00 Exc. VAT
Rent Payable
Rent for each venue stands at £12,000 + VAT per annum.
Business Rates
NIL business rates due to Small Business Rates Relief
Accommodation
No
  • Thriving bars with strong reputation and trade figures
  • Loyal local and tourist customer base near The Peak District
  • Staff-run businesses for owner flexibility
  • Combined annual profits of £100k for full-time owner-operator
  • Prime location in bustling Leek town center with excellent transport links

Business Information

A rare and confidential chance to own two thriving, complementary bars in a prime location.

Take advantage of this unique and confidential opportunity to purchase two popular and well-established bars in the heart of Leek, Staffordshire. These complementary businesses are being offered for sale as a going concern due to the owner's other business commitments.

Benefits of ownership:

  • Two thriving bars with strong trade figures and reputation
  • Loyal local customer base and tourist attraction due to proximity to The Peak District
  • Both businesses are largely staff run, allowing flexibility for owner-operators
  • Combined pre-tax profits of around £100,000 per year for a full-time owner-operator
  • Leasehold with 5-year renewable leases, each with a rent of £12,000 + VAT per annum
  • Small Business Rate Relief currently enjoyed by both venues
  • Prime location in the bustling town centre of Leek, Staffordshire
  • Excellent transport links, well-connected by the M6 and A523 with good public transport options
  • An attractive investment for anyone looking to enter the bar industry or expand an existing portfolio

Asking Price: Leasehold offers around £120,000 + SAV for the combined benefit of the leases, goodwill, fixtures, and fittings of both businesses.

Don't miss this confidential and rare opportunity to own two successful and complementary bars in a prime location. Get in touch with us to find out more and take the first step towards an exciting new venture in the hospitality industry.

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Staffordshire, Derbyshire & South Cheshire

Your Regional Director David Wilson

Staffordshire, Derbyshire and South Cheshire

PO Box 4761
Uttoxeter
ST14 9DD