FOR SALE
21/10/22
213
1317 / Rightbiz
AJF Commercial Business Sales are delighted to offer for sale this investment opportunity of potential Chinese Takeaway / Fish and Chips business with first floor living accommodation situated in the town of Bolton, Greater Manchester.
Location:
This highly profitable business with no direct competition, traded from a very visible eye catching corner premises just off the busy through road from the towns of Westhoughton and Atherton to Bolton.
The property is surrounded by a wealth of residential houses, primary schools, and businesses.
It saw an extremely high volume of footfall from local residents and thrived on much passing trade.
The town centre of Bolton is just a couple of minutes drive away and hosts an abundance of retail shops, complimentary businesses, primary and secondary schools and residential housing, with numerous new build developments currently underway.
The popular Middlebrook Retail Park with links to the M61 motorway is only just a few minutes drive away, as is the the major A666 link road to the M60 and M62.
Business:
The business is currently not trading due to our client’s retirement.
The takeaway was established many years ago by our clients and has been in the same family for a number of years.
The business when open, was taking circa £1,000 to £1,500 per week and there is no reason why the new owners cannot achieve this and go beyond the current takings by introducing deliveries and a digital ordering system such as Just Eat, Deliveroo etc.
All the cooking facilities have been left within the building by our client therefore making it a wonderful opportunity to re-establish, re brand and trade once more.
There is ample car parking to the front of the business and the side streets making this an ideal position for customers wanting takeaway / food pickup.
The location of the business is perfect being surrounded by a large number of residential housing and many terraced streets.
Premises:
Good sized Freehold property set out over 2 floors.
Highly visible corner position with good signage and ample car parking to the front and sides.
Entrance door leading to open plan shop / counter.
Good sized customer serving area includes:
2 pan chip / fish range.
4 pot electric baine marie.
4 ring gas hob oven cooker.
Extractor fan.
Door leading to rear kitchen where there are:
2 big and 1 small stainless steel preparation table.
3 commercial gas ring wok burners.
Extraction fan.
Handwash sink.
Second gas oven and hob.
Door leading to rear preparation room with further appliances which include:
1 x chest freezer.
1 x standing freezer.
1 x fridge freezer.
2 x large commercial sinks.
Hand wash sink.
Door leading to outside rear yard with small brick storage shed and gated access.
A separate front entrance leads to small coat room and then a lounge area (which can be used as a break room or office) currently includes:
1 x fridge freezer.
1 x chest freezer.
2 x large shelved in-built cupboards.
The lounge room also joins to the kitchen.
Stairs lead to first floor living accommodation where there are:
2 x double bedrooms.
Large family bathroom with W/C, handwash sink, a bath and over bath shower.
Reason for sale:
The business and property is now only offered for sale due to our clients retirement.
Tenure:
We are advised that the tenure is Freehold.
Rates:
We are advised that the business was exempt from Business Rates.
Staff:
We are advised that the business was run by our client and family.
Opening Hours:
The business when trading was open during these hours, however there is scope for the new owners to increase to cover lunch time and/or later into the evening.
Monday: 4.30pm – 9.30pm
Tuesday: 4.30pm – 9.30pm
Wednesday: 4.30pm – 9.30pm
Thursday: 4.30pm – 9.30pm
Friday: 4.30pm – 9.30pm
Saturday: 4.30pm – 9.30pm
Sunday: Closed
Financial Information:
Turnover – The business is currently not trading. However, we have been advised that the takings were circa £1,000 – £1,500 per week.
Summary:
This is an exciting opportunity to purchase a superb investment property in a perfect trading location with no direct competition.
This would make an excellent purchase for a family or partnership with strong customer base and much repeat custom in the past from the surrounding residents and school children.
Therefore, AJF Commercial Business Sales certainly recommend early discussions.
Contact Details:
If you would like to contact us to discuss the business in further detail or to arrange a viewing, you can by the following methods:
Telephone – 01204 325 101
Email – [email protected]
Website – www.ajfcommercial.co.uk
You can also find us on:
Facebook – AJF Commercial Business Sales
Twitter – @ajfcommercial
Instagram – @ajf_commercial
LinkedIn – AJF Commercial Business Sales
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.