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Popular Cafe in Cheadle, Stockport

Stockport, Manchester
Leasehold Price:
£39,950
Status
FOR SALE
Advert ID
239217
Reference
6711 / Rightbiz
    Prime Cheadle High Street Trading Position

    Projected Annual Turnover (2019/20) £50,000

    Projected Gross Profit (2019/20) £25,000

    Accounts Available After Viewing

    Excellent Reviews on Google

    5 Star Food Hygiene Rating

    Scope For Evening Trade and Deliveries

    Free Parking In Immediate Area

    EPC - D

Description:
REF 6711 – Leasehold Cafe
Blacks Business Brokers are pleased to bring to the market this leasehold café located in the town centre of Cheadle, Stockport.

INTRODUCTION
Fresh Café has been trading on High Street since 2009. Our client took ownership in 2017. The business is very well known with a good reputation in the area and many excellent online reviews noted on Google, Trip Advisor and Facebook.

LOCATION
The business is positioned on a busy main road in Cheadle close to a wide range of independent retailers as well as large multiples such as Barclays and Greggs. The area is well linked by the M56 and M60 with good public transport links and parking immediately outside the shop.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a two year lease which began in 2017 at a cost of £221 per week.

BUILDING LAYOUT AND DESIGN
Fresh Café operates from a mid terraced property within a popular parade of shops and businesses. The shop is very well branded with large signage displayed above a matching glazed frontage. Inside, the dining area is nicely presented with tiled flooring and neutral decor – this offers seating for around twenty four. To the rear of the servery/counter is a small preparation area.

The first floor comprises of an office, toilet, wash up area and well equipped kitchen fitted with Buffalo grill, stainless steel worktops, griddle, double fryer and much more.

STAFF
The business is currently operating with three members of staff supporting our client working on a part time basis.

FINANCIAL DETAILS
Fresh Café has traded well during the last ten years. It is to be noted that the business is currently being run at a pace to suit and there is much scope and demand to expand opening hours and introduce a local delivery service. Projected Annual Turnover (2019/20) £50,000Projected Gross Profit (2019/20) £25,000. Full financial details are available after viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This leasehold business occupies a prime trading position in a busy area of Cheadle. There is plenty of scope to develop the business further with the introduction of longer opening hours, delivery services and a strong marketing drive. This proposition would ideally suit an owner operating team with a passion for food who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Coffee Machine
Small Drinks Fridge
Dish Washer
Under Counter Fridge
Till
Coffee Grinder
Microwave x 2
Small Freezer
Stainless Steel Worktops
Oven
Chest Freezer
Under Counter Freezer x 2
Fridge
Grill Buffalo
Amana Microwave
Griddle
Soup Cooker
Double Fryer


Opening Hours:
MON - SAT: 09:00 - 16:00


Weekly Rent:
£221 Per Week. Weekly Rent:
£221 Per Week.
Listing Details
Leasehold Price: £39,950
Tenure: Leasehold
Location: Stockport, Manchester
Sector: Cafes
Financials
Annual Turnover: £50,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6711 / Rightbiz
Listing Statistics
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