Restaurant/cafe for sale in Murray Road, Bury BL9

£22,500
Restaurant/cafe for sale
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Property description

Blacks Brokers are proud to bring to the market this leasehold cafe located in the much sought-after area of Bury Market, Greater Manchester.


Introduction


Jan’s Kitchen began trading in 2018 however there has been a cafe in this unit within Bury Market for over 20 years. The business is has a superb reputation within the area along with a 5* hygiene rating and offers high quality foods and drinks at competitive prices. The market is open 3 days per week, Wednesday, Friday and Saturday but the café can trade over more days at the discretion of the management.


Location


Operating from within the famous Bury Market, this business benefits from a superb trading location which brings very high footfall in addition to being close to many other local businesses and shops. This area of Bury is busy and popular seven days per week due to its location near popular car parks for commuters using the bus station and metro link services. There is also a busy public toilet block close by used by the other market traders as well as shoppers.


Reason for sale


Jan’s Kitchen is only being offered for sale due to our client’s retirement plans.


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 five years and began in 2018 – the lease runs at a cost of £211 per week this includes the business rates and the build out. Please note: There will be a fee of £425 to transfer the lease into the new owners’ name.


Building layout and design


Jan’s Kitchen is housed within a single fronted unit with seating to the front for eleven which is under cover. The business is nicely presented with classic black frontage and large windows. Inside, the main dining area offers seating for an additional eight with stand alone tables and chairs and tasteful décor throughout. The servery counter includes a display fridge with tilling area behind. To the rear of this is a well-equipped kitchen with serving hatch for takeaway customers – this is popular with other market traders. Each area is presented well and all fixtures, fittings and equipment are of good quality.


Staff


Jan’s Kitchen is currently operating with our client one part-time member of staff.


Financial details


Jan’s KItchen has traded solidly over its trading history. We are informed by our client that the business generates an annual turnover of £32,756 with a net profit of £7,839 – please note the business is currently operated to suit our client’s personal needs and therefore offers plenty of potential to increase the trade.


Summary


This leasehold business is long-standing and occupies a superb trading position. There is plenty of scope to develop the business further with the introduction of 5 day a week trading and potentially street food and a fast food takeaway only service. The business could also benefit from an online and social media presence. This proposition would ideally suit an owner operating couple who could push the business forward and build upon the solid and impressive trading foundations.
Early viewings are strongly advised. Business: £22,500.

Please quote ref: 7263

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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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