Restaurant/cafe for sale in Bolton Street, Ramsbottom, Bury BL0

£29,950
Restaurant/cafe for sale
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Property description

Blacks Brokers are pleased to bring to the market this leasehold licensed cafe located in the delightful and much sought after village location of Ramsbottom, Lancashire.


Introduction


Amelias has been trading since the early part of 2019, specialising in coffees, deli food, grazing platter, cakes, scotch eggs and sausage rolls. Considering its relatively short trading period the business has generated an exceptional following on Social media with over 11,000 followers on Facebook. During Covid-19 this social media following has allowed the business to gain a phenomenal reputation with its delivery service helping the business to grow even in challenging circumstances.


Location


Situated within this popular, affluent and much sought after village location. Ramsbottom has established itself as a shoppers delight with a range of wonderful shops to peruse including independent boutiques, quirky gift shops and highly acclaimed stores selling local produce.Picturesque Lancashire countryside is waiting to be explored just a short walk from the town centre, whether it’s a riverside amble or a steep climb up Holcombe Hill.The village is just over a mile from the M66 motorway network and with the East Lancashire Railway station one minute from Amelias the business is perfectly placed. Ramsbottom is a lively market town nestled in the heart of the Irwell Valley and is a must-visit destination with its fine array of shops, cafés and pubs.


Reason for sale


This opportunity has become available but due to the demands of our client's other business/ family commitments being higher than anticipated, the business is offered for sale. Therefore this has created an exciting opportunity for a new owner to enjoy the solid foundations laid down by the founder of the business.


Lease


The unit is available for rent on a Fri basis ( Full Repair and Insurance). This is the most common type of lease. The current lease commenced in 2019 and will run for a five year term with rent reviews very three years and also a break clause at the three year point. The current rent is £304 per week which represents excellent value for such a prime location property.


Building layout and design


The lease covers the entire property. The property is single fronted and is an impressive three storey building with newly fitted plate glass windows.Once through the main door of the building there is a serving are to the left hand side. The cafe can handle eighteen covers internal on the ground floor with a further sixteen covers on the first floor. To the rear of the ground floor is a toilet with disabled access and baby changing facilities. There is access to ta large basement which consists of two rooms and is currently used for storage.On the first floor there is seating for sixteen and a fully fitted kitchen and an additional toilet. The seating area on this floor could potentially be converted in to office space and let out at a returnable value of £100-£200 per month per desk.The property is fully alarmed with the a Google Nest security camera system installed. The property is centrally heated.


Staff


Our clients are full time hands on in the business and they are supported by two part time serving staff.


Financial details


We are informed by our client that in the first year of trading that turnover was circa £67,000 operating at a gross profit of 55%.


Business rates


The business currently benefits from Small Business Rates Relief.


Summary


This is an exceptional opportunity to acquire a well respected business that offers a new owner an exciting opportunity to build the business and push it on to the next level. This beautifully presented business has already earned an enviable reputation int the village and surrounding areas and now is ready for a new owner to embrace the large social media following and develop an outside catering aspect to the business and even extend the opening hours and develop a bistro style approach. This is an ideal opportunity and early viewings are advised. Business: £29,950.

Please quote ref: 7244

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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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