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.
This is a fantastic opportunity for someone to takeover 3 Chinese restaurants with combined turnover of £2 million. These are very established businesses and part of an existing chain of Chinese restaurants situated in Wakefield, Huddersfield and Dar...
LEASEHOLD
This ultra modern and very chic Vegan Cafe/Bar is right in the heart of Manchester city centre, the business has a huge following and a client base which has been built up over the last 9 years, because of this there is also a huge opportunity for an...
LEASEHOLD
The company is renowned as a leading supplier within its industry, working closely with processors and manufacturers to prepare seafood co-products for use in food, baby food and pet food. Strong international presence, working with over 750 clients...
LEASEHOLD
|
27
|
|
Nov
|
AIT Worldwide Logistics acquires UK home delivery specialist | BUSINESS SALE
AIT Worldwide Logistics has acquired home delivery company P...
|
26
|
|
Nov
|
Magazine publisher Future agrees £594m GoCompare deal | BUSINESS SALE
Magazine publisher Future has agreed a £594 million ca...
|
26
|
|
Nov
|
BSR launches the UK Company Lens | BUSINESS NEWS
For the past four months, the team here at Business Sale Rep...
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