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Micro Pub for Sale in Redcar North Yorkshire - Pouring Opportunity Available

Redcar, North Yorkshire, ID 166435

Micro Pub for Sale in Redcar North Yorkshire - Pouring Opportunity Available 1
Micro Pub for Sale in Redcar North Yorkshire - Pouring Opportunity Available 1
Asking price:
GBP £29 995
Turnover (per year): £110 000 gbp
Net profit (per year): £18 000 gbp
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Description

CoGoGo presents Peggy Junes, a micro pub located in the seaside town of Redcar. The business has traded for over two years under current ownership and has built a strong local reputation for its atmosphere and drinks offering. The venue benefits from a loyal customer base and community presence, attracting both regulars and visitors. The micro pub model maintains low overheads with strong margins, offering an opportunity for an owner-operator or hospitality investor. The premises accommodate approximately 60 customers and hold an alcohol licence from 12 pm to 1 am with security. There is potential for growth through events, themed nights, expanded drink selection, and increased marketing. This is a turnkey opportunity with established operations. Viewing is recommended. Location Peggy Junes is situated in Redcar, a coastal town with consistent footfall from local residents and returning visitors. Premises The business operates from a micro pub premises with seating and standing capacity for approximately 60 customers, designed to support a social drinking environment. Tenure Leasehold opportunity The business operates on a 5-year lease with approximately 4 years remaining Current rent is £475 per calendar month Hours Premises licence permits alcohol sales from 12 pm to 1 am with security Current trading hours are flexible and owner-managed Staff Family-run business with additional support as required Financial profile Annual turnover is approximately £100,000

Details

Real Estate: Lease
Support from seller: On-going support available
Asking price: 29 995 gbp
Turnover (per year): 110 000 gbp
Net profit (per year): 18 000 gbp
Rent (per year): 5 700 gbp

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