Thu, 13 Sep 2018 | BUSINESS SALE
Situated in a prominent location on the A680 and a short distance from Rochdale Golf Course, the renowned Norden Arms is up for sale.
The gastropub occupies a traditional end terrace property which has over the time been renovated to create a bright and inviting atmosphere.
The asking price is £750,000.
The pub has changed hands a few times in the recent years and will be handled by estate agents, Christie & Co.
Keith Stringer, director of Christie & Co said: “The Norden Arms represents a fantastic turnkey opportunity for either a new entrant or an existing operator within the hospitality sector. The business is excellently located and has cultivated a fantastic reputation amongst the local community.
“Additionally, it currently trades with strong turnover giving potential purchasers a great platform to drive forward both revenue and profits.”
Originally named Blue Ball Inn, the pub was previously run by the couple that started Manchester Italian restaurant group Salvi’s.
The current owner Edward Smethurst has owned the freehold for seven years and has not decided to focus on other business interests.
He said: “The sale of The Norden Arms includes everything a new operator will need to hit the ground running. Having undergone a complete renovation in 2012 and a significant extension in 2016, it is now a superb venue with an ideal position in a rapidly expanding and upmarket area.”
The pub seats up to 48 diners, contains a lounge bar and a split-level restaurant for 68 as well as an outdoor dining area.
For more news stories about businesses for sale, click here. For all our business sale listings, click here.
Fantastic Freehold restaurant opportunity in a quaint Somerset market town. With an immediate population of 45,000, and around 70,000 visitors annually, this restaurant benefits well from local and visiting trade. Offers invited.
FREEHOLD
The historical property has an inbuilt charm and ambience and has now become Cambridgeshire's top quality destination venues often fully booked months in advance. Offers invited.
FREEHOLD
Fantastic opportunity to acquire TripAdvisor Top 5 rated discerning food lover's paradise offering fresh and varied authentic menu range on 6-day week from superbly fitted and presented 50-cover 5-star hygiene character parade premises. Offers invite...
FREEHOLD
|
23
|
|
May
|
Fintech company Loot collapses into administration | ADMINISTRATION
After failing to secure further backing from the Royal Bank ...
|
22
|
|
May
|
Spike in M&A activity in the education sector | BUSINESS SALE
In recent months, the education sector in the UK has witness...
|
22
|
|
May
|
Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION
Celebrity chef Jamie Oliver, who shot to fame after campaign...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources