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The Cherry Tree Restaurant & Bar Chorley Rd 4,350 SF Retail Building Bolton BL6 5LA $2,615,694 ($601.31/SF)
Investment Highlights
- An established and highly profitable independent restaurant + bar.
- External seating providing approximately 130 additional covers
- Car park with approximately 100 spaces
- Impressive open plan trading area with approx. 220 covers
- Extensive ancillary areas
Executive Summary
Opportunity to acquire an established independent restaurant and bar. The Cherry Tree Restaurant & Bar is a popular destination venue, well located on the A6 Chorley Road, the property comprises a detached single storey property is of traditional construction with rendered elevation under pitched, tiles and felt roofs. There have been various extensions over the years, the most recent of which was the addition of the garden room, which was added in March 2020 and provided an additional 100 covers. The main restaurant is air conditioned and decorated/fitted out to the same high standard as the bar and provides approximately 160 covers. Accounts provided by our clients show that the business generated a net turnover of £3,265,986 for the Y/E 31/08/2024 with a gross profit of £2,207,027 (67.6%).
Located on the A6 Chorley Road the property is situated in Blackrod, Bolton and benefits from a prominent trading position and Junction 6 of the M61 motorway is located just over 3 miles away at Horwich. The freehold interest is available at a guide price of £1,950,000.00
Located on the A6 Chorley Road the property is situated in Blackrod, Bolton and benefits from a prominent trading position and Junction 6 of the M61 motorway is located just over 3 miles away at Horwich. The freehold interest is available at a guide price of £1,950,000.00
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,350 SF
Building Class
B
Year Built
1782
Price
$2,615,694
Price Per SF
$601.31
Tenancy
Single
Building Height
1 Story
Parking
70 Spaces (16.09 Spaces per 1,000 SF Leased)
Amenities
- Security System
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Nearby Major Retailers
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The Cherry Tree Restaurant & Bar | Chorley Rd
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