St Margarets Manchester
Summary
The St Margarets is located in Prestwich, Manchester, on a busy road that runs parallel to the centre of Prestwich, which is within walking distance, as is Heaton Park.
Description
The St Margarets is located in Prestwich, Manchester, on a busy road that runs parallel to the centre of Prestwich, which is within walking distance, as is Heaton Park. Internally, the pub has a good-sized bar servery that serves the large open plan trading area, which has different zones. Entering from the front door, there is good good-sized lounge to the right, which can be used for small functions, to the left is asnug/dartss room, the bar is also to the left, and there are more seating areas and a pool table in front and to the side of the bar. There is also a catering kitchen, which is currently not in use and will need investment. Externally to the front there is a good-sized outside drinking area, and to the rear there is and large enclosed drinking area with an external bar. The area to the rear was formerly the car park, which leaves only limited parking to the rear.
Key Features
• Large open plan internal layout, with the opportunity to introduce a good pub food offering.
• Good-sized external drinking areas to the front and rear of the pub
• Live Sports, including SKY & TNT
• Catering kitchen
Business & Financial Information
• Estimated ingoings (upfront): £8,795
• Full deposit: £8,000
• Agreement fee: £795
• Guide rent (weekly): £615
• Guide rent (annual): £32,000
• Forecast turnover (weekly): £321,514
• Forecast turnover (annual): £321,514
Ideal Operator
This is a fantastic business opportunity for a driven and enthusiastic publican who can integrate with the local community to make the pub a great local pub and the place to be.
Private Accommodation
Located on the first floor, the private accommodation consists of a lounge, kitchen, bathroom and 3 bedrooms as well as a good-sized storage room.
Regional Manager's Thoughts
The St Margarets is a great business opportunity for an enthusiastic, energetic and motivated publican who can keep the pub at the heart of the local community and attract new customers. There is an opportunity to introduce a good pub food offering and a potential capital investment with the right publican to grow the business together.
Surrounding Area
Prestwich is located in the Metropolitan Borough of Bury, Greater Manchester, three miles north of Mancheser, three miles north of Salford and five miles south of Bury. It has great motorway links to Greater Manchester and surrounding areas. Heaton Park, which is within walking distance of the pub is the biggest park in the North West and is host to the Parklife Festival in the month of June as well as lots of other events throughout the year. Prestwich centre has lots of bars, restaurants and cafes and a vibrant weekend nightlife.
Upfront cost
£8,795
Cost type:
Upfront
Key facts
Upfront cost
£8,795
Turnover (annual)
£321,514
Rent
£32,000 (annual)
Location
389 Bury Old Road, Manchester, Greater Manchester M25 1QA
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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