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Recently Closed Sandwich Bar Bury

Bury, Manchester
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Recently Closed Sandwich Bar - BuryRecently Closed Sandwich Bar - BuryRecently Closed Sandwich Bar - BuryRecently Closed Sandwich Bar - BuryRecently Closed Sandwich Bar - BuryRecently Closed Sandwich Bar - Bury
  • Leasehold: £19,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

    Prominent Town Centre Position

    Turnkey Proposition

    Five Star Food Hygiene Rating

    Closed August 2021 (Due To Covid)

    Fully Equipped

    Well Presented

    Heavy Footfall Area

    Ready To Reopen Immediately

    Could Suit Any Cuisine

    EPC - C

Description:
Recently Closed Leasehold Coffee Shop & Sandwich Bar


Blacks Business Brokers are proud to bring to the market this recently closed leasehold coffee shop and sandwich bar located in the much sought-after and popular area of Bury, Greater Manchester.

INTRODUCTION
For over twenty years there has been catering businesses trading from this the location, our cleint took ownership and rebranded in 2019 creating Silver Str:eat Café and Catering. The business has firmly established a great reputation with a large number of locally based businesses. The business closed in August 2021 due to the Covid restrictions and now the business is ready to reopen and benefit from the post-Covid return to the normality as office staff from the surrounding businesses have now returned back to their offices. The business when operating secured a five star food hygiene rating.

LOCATION
Bury is a popular and busy town in Greater Manchester. The area is well populated and attracts visitors all year round with attractions such as the world famous Bury Market and an excellent, new shopping area. The town is well linked by the M66 and M60 with Manchester City Centre, Bolton and Whitfield are all close by. This business is located on Silver Street, this area is popular with diners and other businesses such as solicitors and accountants, yet is within walking distance of shops, the shopping centre and bus station.

REASON FOR SALE
The business is only being offered for sale due to our client's other business interests.

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 five year lease which began in July 2019 at a cost of £150 per week.

BUILDING LAYOUT AND DESIGN
The business operates from a large, end terrace commercial property with branding and signage displayed in the windows. Inside, the serving area is well presented and equipped, with a stainless steel counter and display fridge in place. Menu boards are displayed to the rear of the counter area with modern lighting above.
The kitchen and food preparation area are positioned to the rear of this space and is presented to a high standard.
The toilet facilities for the building are shared with another business. All areas are finished to a good standard.

STAFF
As the business is closed there are no staff in place. However, it is worth noting that whilst the business was in operation our client was assisted by two part time members of staff.

FINANCIAL DETAILS
Pre-Covid the business had a turnover of around £80,000 per annum. Many customers are from the local area as one would expect, with additional trade from visitors to the area and passers-by.

SUMMARY
This leasehold business previously delivered impressive weekly takings on limited trading days and hours. There is much scope to enhance the business further with the development of corporate catering and the introduction of celebration catering, in addition to new, much sought-after healthy options and an online presence. The business did have breakfast and lunch catering contacts in place and a new owner could look to reinstate these. This proposition would ideally suit an owner operating team, or possibly another similar business looking to acquire a site in Bury Town Centre. Early viewings are strongly advised.

Fixtures & Fittings:
Display & Prep Chillers x 2
Drinks Display Chiller
Coffee Machine
Microwave
Smoothie Maker
Small Chest Freezer
Standing Fridge Freezer
Electric Cooker With Oven
Low Professional Refrigerated Counter
Panini Press
Toaster
High Stools x 2
Professional Smoothie Maker


Opening Hours:
Closed


Weekly Rent:
£150 Per Week. Weekly Rent:
£150 Per Week.
Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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