Businesses for Sale

Suburbia (Hale) - South Manchester Bar


BUSINESS OPPORTUNITY

                                                         SUBURBIA, HALE                         

Suburbia Cocktail Company Ltd traded as Suburbia from premises at 167 Ashley Road, Hale, WA15 9SD.

Licensed Insolvency Practitioners Mr S L Conn FCA FIPA and Mr J E Avery-Gee FCA FABRP (both of CG & Co) have been appointed Joint Administrators of the company - Robson Kay Associates Ltd act as agents to the Administrators.

 

The premises are fully equipped and ready to trade (they only ceased trading a few days ago) - all fixtures, fittings and equipment on site are understood to be assets of the company with the exception of the pump and chilling equipment belonging to a brewery and 1 off rented Omniwash glass washer.

 

We are advised that the company was only operating on two days a week (Friday and Saturday) and in the last accounts to April 2016, made a profit of £33,390 on a turnover of £556,000.

 

The rent is £68,000 per annum with 10 years remaining on the lease – the next rent review is April 2022.

 

VIEWING STRICTLY BY APPOINTMENT WITH ROBSON KAY ASSOCIATES

 

Offers must be made in writing to sole agents: -

 

Robson Kay Associates Ltd

Tilson Road

Manchester

M23 9GF

For the attention of David W Kay

 

Or by email to:            david@robsonkay.co.uk

 

Tel:      0161 998 8111

 

Offers must be received no later than 12noon on Friday, 15th September 2017 - confirming the availability of funds if their offer is accepted.

Guide price:    £100,000

IMPORTANT NOTE

 

The above information is believed to be correct and is provided in good faith, however it may or may not be accurate, and the successful offeror must undertake their own due diligence to verify the accuracy or otherwise of this, and/or any other information provided.


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