Specialist business property adviser, Christie & Co has brought to the market The Midland Beer Co, a wet led town centre pub in Castleton, an area of Rochdale, Greater Manchester.
Prominently positioned directly opposite the local railway station, The Midland Beer Co occupies a distinctive three storey stone and red brick property, which stands out as a fixture of the local area. The pub comprises an open plan lounge and public bar on the ground floor, which can accommodate 120 guests, in addition to an enclosed outdoor area with tables and chairs. Benefitting from a 3am licence, the business is predominantly wet led and presents the opportunity for a new owner to introduce a food offering.
Manager’s accommodation with a lounge, kitchen and office is situated on the first floor and there is a separate flat on the second floor, which is currently unused, comprising one single and two double bedrooms.
The Midland Beer Co is currently run under management and has been operated by publican Graham Rawlinson for the past 24 years. Mr Rawlinson is now seeking a sale in order to retire and comments, “We are a well established business in Castleton, and our position close to Castleton station provides our customers easy access to and from Manchester and further afield.”
Keith Stringer, Director at Christie & Co is handling the sale and comments, “The Midland Beer Co provides a great opportunity for an established publican or a new entrant to the market to take ownership of a much-loved local pub. The pub also includes three bedroom owner’s accommodation, making it the ideal purchase for a hands-on owner operator. This would offer the added benefit of allowing a new operator to reduce management costs and thus improve profitability.”
The Midland Beer Co is offered for sale on a virtual freehold basis, with an asking price of £250,000, plus VAT if applicable.