Specialist business property adviser, Christie & Co is pleased to bring to the market The Molly House, an iconic city centre bar and late night venue, situated within Manchester’s vibrant Gay Village.
Set within an attractive, three storey, double fronted end terrace, The Molly House comprises 208 covers across four trade areas. The ground floor Public Bar hosts 40 covers, whilst the adjoining Tea Room features space for an additional 30. On the first floor, the lavishly appointed Bordello, featuring an open-grate fireplace and wooden peninsula bar, accommodates an additional 40 covers, opening out onto a covered terrace.
Housed within the basement, Company Bar, which is operated separately to the rest of the venue and included in the sale, holds a late license and is well established within the local circuit.
Enjoying a prominent position on Richmond Street, set back from the popular Canal Street, The Molly House is conveniently located within a short distance of Piccadilly railway station and the city’s main shopping and tourist areas.
Currently operated under management, The Molly House serves a wide array of real ales, beers, wines, spirits and cocktails, alongside a diverse food offering that encompasses Spanish and South American tapas, brunch and lunch.
The current owner, Brian Flockhart, has chosen to sell the business following 22 years of ownership to pursue retirement. Mr Flockhart comments, “After 20 odd years, it is time to let someone else drive the business forward and reap the benefits of owning an iconic bar in this fantastic city.”
Keith Stringer, Director at Christie & Co who is handling the sale comments, “Manchester City Centre is currently enjoying a surge in investment and development, with The Molly House representing a superb opportunity to acquire a profitable, managed city centre freehold within a well established leisure and licensed circuit. A new owner would be well-positioned to build on the venue’s exceptional reputation and increase trade even further.”
The Molly House has been brought to the market through Christie & Co on a freehold basis at an asking price of £1,295,000.