Manchester American-style diner up for sale

A 1950s-style American diner in Manchester’s popular Northern Quarter has been put up for sale for £500,000.

The Infamous Diner restaurant, which was launched in 2015 as Manchester’s first American diner, was put on the market by owners Mark Andrew Developments (MAD), the team behind hospitality ventures such as Walrus, Rosylee, and Hula.

The property is now listed on Christie & Co website for £500,000 with a 25-ye... Continue Reading

Historic Staffordshire pub goes up for sale

New owners are being sought to run a historic Staffordshire pub with the business going up for sale on Rightmove.

An award-winning Staffordshire pub that dates back to the mid-19th century is on the market for £79,995.

The Ivy House in Stafford Road, Newtown, near Great Wyrley, currently employs 25 people and generates around £480,000 in turnover every year.

Owners Martin and Hilary Cregeen said they have ... Continue Reading

Newcastle city centre hostel up for sale for £195k

A Victorian building that was redeveloped into a popular ‘bunkhouse’ style hostel in the heart of Newcastle city centre is on the market for £195,000.

Heroes Hostel-Hotel on Grainger Street offers accommodation for up to 75 people and is close to a number of Newcastle landmarks and top things to see and do.

The site has 14 bedrooms over three floors, comprising twin and triple bunk beds in rooms for up to nine peopl... Continue Reading

Boutique Cornwall hotel up for sale

A boutique hotel that overlooks Cornwall’s River Fowey has been put up for sale for £1.5 million.

The Cormorant Hotel is a 14 en-suite bedroom hotel that offers “significant development opportunities”, sellers Savills said.

The boutique hotel, about two miles from the town of Fowey, sits on an elevated position over the river with all bedrooms, public areas and restaurant looking onto it.

The site als... Continue Reading

Hastings pub up for sale for half a million

A popular Hastings pub named after the half-brother of William the Conqueror has been put up for sale for half a million pounds.

Owner Greene King says the Robert de Mortain, on The Ridge, “no longer fits” with its core estate, the Hastings Observer reported.

The operator is inviting offers in excess of £550,000 from prospective buyers.

The pub will continue to operate until it is sold but the new owne... Continue Reading

Michelin Guide-listed coaching inn up for sale

A country pub in Northumberland that’s listed in the Michelin Guide for 2017 is up for sale for £130,000.

The Barrasford Arms in the village of Barrasford near Hexham, dates back to 1870 and features a bar and lounge, one private and two public dining rooms, seven ensuite letting bedrooms and a detached three bedroom cottage.

Owner and head chef Tony Binks took over the business in 2006 and has since significantly bui... Continue Reading

Exeter Chinese restaurant up for sale

A popular Chinese restaurant in Exeter is on the market for £120,000.

The Oriental City Restaurant and Takeaway, located in the village of Pinhoe, is described by sellers Stonesmith as an “established and prominent” business.

The restaurant is a contemporary space having undergone extensive refurbishment and is open seven evenings a week.

The premises has a fully-licensed, air-conditioned 120-cover rest... Continue Reading

Winnie the Pooh pub up for sale

A grade II-listed pub in the East Sussex village of Hartfield, famous as the setting of EE Milne’s Winnie the Pooh books, is up for sale for £795,000.

The Anchor Inn, a freehouse, is a two-storey pub with two bars, a 40-cover dining area, four bedroom owners’ accommodation, two ensuite bed and breakfast rooms, a large garden with an area for hosting marquee wedding receptions and car parking for 50 vehicles.

Hartfie... Continue Reading

Popular coastal cafe up for sale

A seafront cafe in Aberdeenshire is on the market for offers above £325,000.

Molly’s Cafe Bar in Stonehaven was described as a “thriving” establishment by Matthew Cohen & Associates, which is managing the sale.

The cafe, on Stonehaven’s promenade, looks out onto the nearby bay and is surrounded by a clutch of other retail sites, including The Bay Fish and Chips, Aunty Betty’s ice-cream shop and Stonehaven open... Continue Reading

Number of UK businesses hit record high

Encouraging news for anyone looking to buy a business: the number of businesses in the UK has reached a record high of 5.5 million, according to official statistics.

Data from the Department for Business, Energy and Industrial Strategy shows that, at the start of 2016, there were a million more small businesses, 4,000 more medium-sized businesses and 900 more large businesses when compared to 2010. That’s an increase of 23 per cent... Continue Reading

Business conditions positive for Scottish expansion

According to recent figures, the number of insolvencies in Scotland has fallen by almost a third, which suggests that the country’s economy is starting to bounce back to pre-recession levels. So, there has never been a better time to consider looking at expanding your operations north of the border.

The drop in the number of Scottish businesses going into administration has now fallen below pre-recession levels. For example, figure... Continue Reading

Paisley pub back on the market

The owners of Rafferty's, a pub in the West End of Paisley, Scotland, are to sell the business for an initial guide price of £110,000. The owners hope that the sale will help to rejuvenate the distressed business.

Rafferty’s in Wellmeadow Street was put out of business in 2014 after a series of complaints to police.

The pub is being marketed by Future Property Solutions, which claims that the asking price is less... Continue Reading

Portsmouth pub for sale

A pub in Portsmouth has been put up for sale as part of JD Wetherspoon's review of its holdings.

The pub giant is selling 33 of its UK pubs as part of the review, all of which have been identified as having lower sales than the company's average level of operations.

In Portsmouth, it's The Trafalgar that is up for sale in Edinburgh Road. The pub's city location is thought to make it a prime target for... Continue Reading

Ilkeston pub for sale

An Ilkeston pub is to be put up for sale by auction later this month, with a guide price of £240,000.

The General Havelock, located in Stanton Road, has been put on the market by its current owners due to their ill health.

It is being offered for sale with vacant possession and offers an interesting opportunity for someone new to step up and run The General Havelock themselves.

Graham Penny, the auctioneer... Continue Reading

Lincolnshire pub for sale with famous connections

A Lincolnshire pub with a connection to a well-known radio programme has been put up for sale.

The Bull Inn, located in Rippingdale, South Kesteven, near Borne, is on the market for offers in the region of £300,000.

Its sale is attracting a particularly high amount of attention due to the connection with the BBC Radio 4 soap, The Archers. The Bull Inn is thought to have been the inspiration behind the long-running serie... Continue Reading