Why buying a pub is a great investment
10th November 2017
Nick Sowerby and Charlotte Black are selling a business. The Royal Oak…
Manchester is currently thriving
Business is booming and the city continues to rival bigger cities across the world, most notably London.
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With the economy growing at the rate that it is, it is a really exciting time to be involved within the leisure sector. Bars, restaurants and pubs in Manchester are currently reaping the benefits of the growing nightlife, meaning now is the perfect time to join the movement and have a piece of the action for yourself.
Locations such as Northern Quarter, Deansgate and Spinningfields are all populated with an array of bars, pub and restaurants, giving Manchester its vibrant atmosphere that it is so famous for.
Whilst London may be the capital of England, Manchester is closing in on being the go-to city in England – and based on current growth and trajectory, that is only going to increase.
Our customers love what we do
From day one Hilton Smythe have been fantastic. Very clear and concise information, we know exactly what's going to happen on a step by step basis, they've been excellent!
Rhys Knowles. Seller of a Pub in Rochdale.
The current economic climate makes it a perfect time to invest in a pub in Manchester but before you do that, let’s dive deeper into the city.
Pubs in Manchester are thriving
Manchester is home to a vast amount of pubs that stand out in people’s minds as the places to be.
Top-notch food, unmissable entertainment and the best craft beers you will find are just a few of the reasons the pubs in Manchester continue to have the impact they do.
If there is one thing that makes the pubs of Manchester, it is the people. The Manchester community works in tandem with the pubs to create an atmosphere, unlike anything.
From upbeat, friendly attitudes to passionate music tastes, by owning a pub in Manchester you will no doubt meet some amazing people that truly bring the city to life.
Pub Ideas: Top 3 Pubs in Manchester
1. The Kings Arms
Based in Salford, The Kings Arms successfully creates a hybrid between old and new. Step into the Victorian-Esque pub and you will feel as though you have ventured back in time.
You will be spoilt for choice between a wide range of drink selections and homemade specials that will do exactly as they imply - make you feel right at home! Although the decor may be old-fashioned, the entertainment is vibrant and fresh.
Prepare to laugh a lot, courtesy of some amazing up and coming comedians and prepare to sing the night away thanks to stand-out music performances.
2. Sinclair’s Oyster Bar
If you have ever walked through Manchester City Centre, especially if there is a Manchester derby playing, you will have no doubt seen the swarm of people sat in the beer garden of Sinclair’s Oyster Bar.
Who doesn’t love a cheap pint in a beer garden? Sinclairs is a staple of Manchester City Centre and is brimming with history. After surviving world war two, it’s easy to see why so many people are invested and drawn to Sinclairs.
With no branded drinks on the bar, you can expect to find some reasonably priced home-brewed beer.
3. The Knott Bar
Unlike Sinclair’s, The Knott isn’t steeped in rich history but it’s huge range of beers and burgers definitely make up for it.
Located beneath the railway arches of Deansgate station, The Knott has previously been voted CAMRA’s regional pub of the year in Greater Manchester.
With a trusted reputation, the pub attracts many punters for its extensive beer offerings such as Buxton, Thornbridge and Red Willow. Oh, and they also do a really good Sunday roast too.
How to finance the purchase of a pub
If you are keen to become part of the booming food and drinks industry, you may be thinking to yourself: “how I am going to finance this purchase?”.
There can be many complications when it comes to purchasing a pub. It’s always best to speak to a trained professional, such as a business broker. Luckily for you, you have come exactly to the right place!
At Hilton Smythe, we are passionate about helping you achieve your dream of owning a business.
Many people will need to raise finance in order to buy their dream business, however, lot’s of them may have never needed to approach a lender before. It is our goal to ensure that your dream is not out of reach.
If you want to turn your dream into reality, Hilton Smythe Financial Services is here to help.
Get in touch with us today and we will assist you in raising finance to help you buy your dream pub.
