Village pub goes on market at £750,000
FANCY running your own gastropub? If you’ve got £750,000 knocking about then this could be for you.
The renowned Norden Arms is up for sale.
It’s changed hands a few times in recent years, but estate agents say that it’s a ‘fantastic opportunity’ for someone looking to get into the pub game.
The pub, which was originally called the Blue Ball Inn, has been previously run by the Maurizzio and Claire Cecco, the couple behind Manchester Italian restaurant group Salvi’s.
But in February 2017, after just eight months at the helm Salvi’s pulled out and it reverted back to its original use as a village pub.
And now Edward Smethurst, who has owned the freehold for seven years, says he’s decided to sell up to focus on his other business interests, as the current tenant is moving on to a new venture.
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 Edenfield Road pub includes lounge bar with seating for 48 diners, a splitlevel restaurant for 68 covers and an outdoor eating area.
Keith Stringer, director of Christie & Co’s Manchester office, the estate agents handling the sale, 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.”