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Busy Licenced Cafe World Famous Bury Market

Bury, Manchester
Status
FOR SALE
Advert ID
264349
Reference
7263 / Rightbiz
0161 763 5000
Leasehold Price: £22,500
Annual Turnover: £32,756
    Well Known Market Trading Position

    Trading Just 3 Days A Week

    Accounts Available Year End 5th April 2020

    Annual Turnover £32,756

    Further Financial Info Available After Viewing

    Potential To Introduce Deliveries

    Retirement Sale

    Guaranteed Footfall

    Five Star Food Hygiene Rating

    Seating For 8 Internally & 11 Externally

Description:
Blacks Business Brokers are proud to bring to the market this leasehold cafe located in the much sought-after area of Bury Market, Greater Manchester.

INTRODUCTION
Jan’s Kitchen began trading in 2018 however there has been a cafe in this unit within Bury Market for over 20 years. The business is has a superb reputation within the area along with a 5* hygiene rating and offers high quality foods and drinks at competitive prices. The market is open 3 days per week, Wednesday, Friday and Saturday but the café can trade over more days at the discretion of the management.

LOCATION
Operating from within the famous Bury Market, this business benefits from a superb trading location which brings very high footfall in addition to being close to many other local businesses and shops. This area of Bury is busy and popular seven days per week due to its location near popular car parks for commuters using the bus station and metro link services. There is also a busy public toilet block close by used by the other market traders as well as shoppers.

REASON FOR SALE
Jan’s Kitchen is only being offered for sale due to our client’s retirement plans.

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 five years and began in 2018 – the lease runs at a cost of £211 per week this includes the business rates and the build out. Please note: There will be a fee of £425 to transfer the lease into the new owners’ name.

BUILDING LAYOUT AND DESIGN
Jan’s Kitchen is housed within a single fronted unit with seating to the front for eleven which is under cover. The business is nicely presented with classic black frontage and large windows. Inside, the main dining area offers seating for an additional eight with stand alone tables and chairs and tasteful décor throughout. The servery counter includes a display fridge with tilling area behind. To the rear of this is a well-equipped kitchen with serving hatch for takeaway customers – this is popular with other market traders. Each area is presented well and all fixtures, fittings and equipment are of good quality.

STAFF
Jan’s Kitchen is currently operating with our client one part-time member of staff.

FINANCIAL DETAILS
Jan’s KItchen has traded solidly over its trading history. We are informed by our client that the business generates an annual turnover of £32,756 with a net profit of £7,839 – please note the business is currently operated to suit our client’s personal needs and therefore offers plenty of potential to increase the trade.

SUMMARY
This leasehold business is long-standing and occupies a superb trading position. There is plenty of scope to develop the business further with the introduction of 5 day a week trading and potentially street food and a fast food takeaway only service. The business could also benefit from an online and social media presence. This proposition would ideally suit an owner operating couple who could push the business forward and build upon the solid and impressive trading foundations.
Early viewings are strongly advised.

Fixtures & Fittings:
Tables
Chairs
Chiller Glass Display Cabinet
Electric Cooker
Expo Bar Coffee Machine
Cash Register
Microwaves x 2
Toaster
Double Deep Fat Fryer
Under Counter Freezer x 3
Under Counter Fridges x 2


Opening Hours:
MON & TUE: CLOSEDWED: 09:00 - 16:30THU: CLOSEDFRI: 09:00 - 16:30SAT: 09:00 - 17:00SUN: CLOSED


Weekly Rent:
£211 Per Week. Weekly Rent:
£211 Per Week.
Listing Details
Location: Bury, Manchester
Marketed By: Blacks Business Brokers Limited
Sector: Cafes, Tea Rooms
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 7263 / Rightbiz

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