GREATER MANCHESTER - STUNNING CANAL SIDE PUBLIC HOUSE
Leigh, Greater Manchester
Ref: 50912
Leasehold
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Key Features
Precis
Beautifully appointed canal side food-led public house
Location
The Waterside Inn is located in the Greater Manchester town of Leigh which offers a blend of history, culture and modern amenities. The town is renowned for its rugby league team, Leigh Leopards, whose home is Leigh Sports Village which boasts an 11,000 capacity stadium, an athletics area, a college campus and leisure and retail facilities for the local community. Pennington Flash Nature Reserve and Haydock Racecourse are also within close proximity. The town of Wigan is 7 miles north, Manchester 16 miles east and Liverpool 23 miles west. Leigh boasts an excellent public transport system including bus services and railway lines, and it lies just off the A580 East Lancashire road which links to the M6 and M60 motorways.
Property
The property is a former mill which dates back to 1839 and is listed. It is of local stone and brick construction, set over two-storeys, in an enviable canal side position. It comprises:
TRADE AREAS
Main entrance leading to porch vestibule with DISABLED ACCESS TOILETS. Large open-plan, two-section trade area with central interconnecting BAR SERVERY which is well equipped with back bar wood and glass shelving, nonslip flooring and separate GLASSWASH ROOM. The trade area is stylishly decorated and furnished with wood, tile and carpet flooring and offers seating for 104 in total with loose dining, booth and nook seating areas. The area retains many of its original features including exposed stone walls and ceiling timbers and it is apparent that it has been subject to much investment. PRIVATE DINING AREA with carpet flooring, feature fireplace and seating for 30. TRADE KITCHEN comprising PREP ROOM leading to WASH ROOM. The main KITCHEN has Altro nonslip flooring and is fully equipped with catering appliances. There is also an additional PREP KITCHEN and PANTRY. ON LEVEL CELLAR with ample storage, refrigeration room, bottle store and keg area with door access to the front of the property.
OWNERS' ACCOMMODATION
Set over the first and second floors, comprising:
FIRST FLOOR: OFFICE/SINGLE BEDROOM. LARGE DOUBLE BEDROOM. LOUNGE. CCTV ROOM. KITCHEN (which is currently undeveloped) and BATHROOM.
SECOND FLOOR (LOFT SPACE): DOUBLE BEDROOM with walk-in wardrobe and loft space storage.
EXTERNAL
Canal side SEATING AREA with deck and stone flooring, picnic style benches to accommodation 100+ and an outdoor bar. Customer GARDEN AREA. Enclosed owners' GARDEN. To the front of the building there is an enclosed COURTYARD with brick-built STORAGE UNIT. CAR PARK to accommodate 22 vehicles.
TRADE AREAS
Main entrance leading to porch vestibule with DISABLED ACCESS TOILETS. Large open-plan, two-section trade area with central interconnecting BAR SERVERY which is well equipped with back bar wood and glass shelving, nonslip flooring and separate GLASSWASH ROOM. The trade area is stylishly decorated and furnished with wood, tile and carpet flooring and offers seating for 104 in total with loose dining, booth and nook seating areas. The area retains many of its original features including exposed stone walls and ceiling timbers and it is apparent that it has been subject to much investment. PRIVATE DINING AREA with carpet flooring, feature fireplace and seating for 30. TRADE KITCHEN comprising PREP ROOM leading to WASH ROOM. The main KITCHEN has Altro nonslip flooring and is fully equipped with catering appliances. There is also an additional PREP KITCHEN and PANTRY. ON LEVEL CELLAR with ample storage, refrigeration room, bottle store and keg area with door access to the front of the property.
OWNERS' ACCOMMODATION
Set over the first and second floors, comprising:
FIRST FLOOR: OFFICE/SINGLE BEDROOM. LARGE DOUBLE BEDROOM. LOUNGE. CCTV ROOM. KITCHEN (which is currently undeveloped) and BATHROOM.
SECOND FLOOR (LOFT SPACE): DOUBLE BEDROOM with walk-in wardrobe and loft space storage.
EXTERNAL
Canal side SEATING AREA with deck and stone flooring, picnic style benches to accommodation 100+ and an outdoor bar. Customer GARDEN AREA. Enclosed owners' GARDEN. To the front of the building there is an enclosed COURTYARD with brick-built STORAGE UNIT. CAR PARK to accommodate 22 vehicles.
The Business
The Waterside Inn is an established, food-led public house with an enviable outdoor seating area overlooking the Leeds & Liverpool Canal. The venue is hugely popular with residents of the town and the surrounding areas and, in recent times, has become a destination venue. The public house offers an extensive food menu which includes bottomless brunches. It also hosts live music events on Saturdays and quiz nights on Wednesdays. The business has its own website: www.thewatersideleigh.co.uk as well as a social media presence and it boasts excellent online reviews. This is a turnkey business for an experienced operator.
Net sales £667,931. Full trading information can be provided upon request and with the consent of our client.
Net sales £667,931. Full trading information can be provided upon request and with the consent of our client.
Tenure
LEASEHOLD £160,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
The Waterside Inn is held on a full repairing and insuring lease from a private individual (Lockside Estates) for a term of ten years, commencing April 2024. Rent is £42,000 plus VAT per annum, subject to five yearly rent reviews. The lease is free of all trade ties.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The Waterside Inn is held on a full repairing and insuring lease from a private individual (Lockside Estates) for a term of ten years, commencing April 2024. Rent is £42,000 plus VAT per annum, subject to five yearly rent reviews. The lease is free of all trade ties.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
A Premises Licence is held for the retail of alcohol.
Current opening hours
Monday to Thursday: 12:00 - 22:00
Friday & Saturday: 12:00 - 23:00
Sunday: 12:00 - 21:00
Current opening hours
Monday to Thursday: 12:00 - 22:00
Friday & Saturday: 12:00 - 23:00
Sunday: 12:00 - 21:00
Services
All mains services are connected.
Local Authority: Wigan Council
Rateable value: £27,800
Local Authority: Wigan Council
Rateable value: £27,800
Enquire about this listing
Dean McVay
North West