Retirement Sale: Prime Location, Fully-Equipped Café in Stockport Boasting Huge Potential
Stockport, Manchester
- Status
FOR SALE
- Advert ID
624229
- Reference
Foo1928 / Rightbiz
- Call Agent:
- Leasehold: £45,000
- Rent: £23,000 (£1,917 per month)
- Turnover: £115,000 (£2,212 per week)
- Net Profit: On request
Key Features
- Town Centre location
- Attractive Business
- Fully Fitted
- Established Business
- Open Plan Trading Area
- Adjacent to Multiple Retailers
- Close to Local Amenities
- New Lease
Business Details
Fully Equipped Prime Location Café with huge potential in Stockport, For Sale due to retirement.
New to the Market & offering fantastic potential Othello's Café Bar in Stockport. Othello's has been successfully trading under the same ownership since 1999, & enjoys an enviable town centre position surround by shops, offices, cinema & other diverse businesses in a high footfall area.
The café boast's and impressive modern open plan interior with indoor seating capacity for up to 80 covers, and the benefit of a paved outdoor area which can cater for an additional 24 people.
The café currently operates with 3 part time staff opening Monday-Saturday 9am-4pm,serving breakfast & lunch. This gives the new vendors scope to extend opening hours into the evening and exploring the potential of drinks licences & takeaway /delivery services.
The current lease runs until December 2028 with the potential to renew after. Annual rent is a realistic £23000 annum. Weekly takings are on average £2200 p/w.
All in all, a fantastic opportunity for the new owner to hit the ground running with an established business but with the opportunity to put there own mark on the business and take it to the next level.
- Prime High Footfall Location
- Established Business
- Modern Open Plan Interior
- Fully fitted kitchen & large seating area
- Scope to expand hours & increase takings
- Retirement sale
Early viewing is recommended as this business is bound to be of interest to a variety of potential buyers.
Contact us today to arrange a viewing.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.'.
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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.
Be safe, use a Rightbiz Solicitor
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.
Be safe, use a Rightbiz Solicitor
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