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

Leasehold Price £120,000

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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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