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Railway Inn, Radcliffe

Manchester, M26 4HN

Your investment

£6,000

Agreement Type

Tenancy

The Railway Hotel is a generously sized pub situated in a prominent position on the busy Ainsworth Road on the outskirts of the market town of Radcliffe, Manchester. The pub is ideally located in a heavily populated residential area with a number of amenities and local schools nearby. The Railway is within close proximity to the main A58 that links Bury and Bolton and also benefits from having Manchester City Centre only six miles away with great transport links for those commuting in and out for work.

The Railway Hotel is a generously sized pub situated in a prominent position on the busy Ainsworth Road on the outskirts of the market town of Radcliffe, Manchester. The pub is ideally located in a heavily populated residential area with a number of amenities and local schools nearby. The Railway is within close proximity to the main A58 that links Bury and Bolton and also benefits from having Manchester City Centre only six miles away with great transport links for those commuting in and out for work.

Pub Layout

On entering the Railway you are welcomed in to the main trading area, with the bar on the left had side. To the right you will find a lounged seating  area slightly partitioned off from the hustle and bustle of the main bar by panelling and stained-glass windows. The lounge can easily facilitate up to forty covers and benefits from having a television, which is extremely popular with live sports fans. To rear of pub, you will find a well-equipped games room, housing pool table, darts board and more televisions. To the front of the pub there is a quaint snug area, complete with a fireplace and a second darts board and its own access to the bar. The beer garden is accessed through the main trading area,  past the ladies and gents toilets and down some stairs. It currently is a hard landscaped outdoor area with a number of picnic benches, however, with some TLC, has the potential to be a little gem of a garden. The pub does not have a car park however there is street parking to the left hand side of the pub.  There is also a bowling green located to the rear, which is independent from the pub but could be a useful trade builder. .  The general condition of the pub is good, however the new licensee may wish to put ‘their own stamp’ and make the Railway the best community local in Radcliffe.

The Railway Hotel has huge potential to be the best community pub in the area. Previously the pub has benefitted hugely by supporting local pool and darts teams, along with showing live sports. Having a strong rhythm of the week is a necessity in order to satisfy the whole community, by offering something for everyone. There is a small catering kitchen so the introduction of a uncomplicated menu could prove a real advantage.

Private Accommodation

The private accommodation is a large and generous space located on the first floor. It comprises: Three bedrooms, lounge, kitchen and bathroom.

Annual Rent: Stepped Rent Available

Security Deposit: £3,000

Working Capital: £1,500

Stock: £1,500

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

We are looking for a licensee who is familiar with the area and is willing to engage with the local population to embed this pub back into the heart of the community. The licensee must have fantastic standards along with the vision and the drive to release the potential to make the pub the best in the area.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for   weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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