Retail premises for sale in Butterstile Lane, Prestwich, Manchester M25

£22,995
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property description

Ref 6936 – Leasehold Established Sandwich Shop
Blacks Brokers are pleased to bring to the market this leasehold established sandwich shop located within a densely populated residential area of Prestwich, Greater Manchester.


Introduction


The Village Pantry was established in 2004 and our client took ownership in 2018. The shop is very well known and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this main road trading position. The business has an excellent reputation and superb reviews are noted on Google and Trip Advisor.


Location


The Village Pantry occupies a prominent trading position within a parade of shops which is close to a large housing estate. This is a short drive from Prestwich town centre and Heaton Park. The area is densely populated, and parking is available immediately outside. Prestwich is well linked by the M60 with strong public transport links.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to the demands of our client's family commitments being higher than anticipated, the business is offered for sale. This 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 Full Repair & Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2018 at a cost of £162 per week.


Staff


The business operates with one part time members of staff in employment supporting our client working on a full time basis.


Financial details


The Village Pantry has traded solidly since opening and has a strong customer base in place. We are advised that the business currently has annual turnover of £48,399 with gross profits of £40,460. Full financial details are available upon request. It is to be noted that the business is currently being run at a pace to suit the current owner and there is scope and demand to extend opening hours and days to include afternoons, evenings and Sundays. The owners have recently introduced UberEats into the business and have thrived from doing do so and we are expecting this to make a dramatic impact on the New Years revenue.


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 is a well known sandwich shop which has been finished to a high standard. The shop provides a reliable sandwich trade to local businesses and residents. There is plenty of scope to develop the business further with the introduction of a website with ordering service, larger delivery service area and has the potential for longer opening hours and days. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £22,995.

Please quote ref: 6936

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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