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Late Night Cocktail Bar for Sale in Wigan Manchester

Wigan, Manchester, ID 232551

Late Night Cocktail Bar for Sale in Wigan Manchester 1
Late Night Cocktail Bar for Sale in Wigan Manchester 1
Asking price:
GBP£50 000
Turnover (per year): £364 000 gbp
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Description

A superb opportunity to acquire a fully operational late-night bar located in a prime Wigan town centre position. This is a confidential sale of an established, two-storey licensed venue with strong trading potential.The main bar is situated on the ground floor, with a second bar area and customer WC facilities located on the first floor. The layout provides flexible use across both levels, suitable for general bar trade, live entertainment, private functions, and DJ-led nightlife events. The premises currently benefit from a late premises licence permitting trading until 5:00am, making it ideally positioned for late-night and entertainment-led operations.The business generates an annual turnover of approximately £364,000 and offers further scope for growth under new ownership. The premises are fully fitted and operational, allowing continuation of trade from day one.INCLUDED IN THE SALEAll furniture, fixtures and fittingsWhite goods, AV systems and CCTV equipmentExisting premises licence with late opening until 5:00amGoodwill and established trading historyLEASE DETAILSAnnual rent: £26,000Approximately 4 years remaining on the current leaseLease extension available by negotiationKEY FEATURESCentral Wigan town centre location with strong footfallTwo separate bar areas across two floorsFully equipped and ready to trade operationEstablished and consistent turnoverTurnkey opportunity requiring minimal initial investmentREASON FOR SALEThe business is being sold due to the owners focusing on other commercial interests.CONFIDENTIALITY NOTICEFurther details will be provided only following completion of a Non-Disclosure Agreement (NDA) and confirmation of proof of funds.

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities
Asking price: 50 000 gbp
Turnover (per year): 364 000 gbp
Rent (per year): 26 000 gbp

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