Restaurant/cafe for sale in Church Street, Manchester M4

£85,000
Restaurant/cafe for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Central Manchester Trading Position
  • Established in 2019 - Newly Fitted
  • More than 100+ Positive Google Reviews
  • Based in the Northern Quarter of Manchester
  • High End Equipment 42 Covers
  • Beautifully Presented
  • Could Suit Any Cuisine
  • Adjacent to Church Street Aparthotel
  • Financial Information Available Upon Request

Property description

Ref 7301 – Stunning Leasehold Brunch & Coffee Shop
Blacks Brokers are pleased to bring to the market this recently closed leasehold brunch and coffee shop located in Manchester’s famous Northern Quarter.


Introduction


Seed & Cherry was established in August 2019 as a speciality coffee shop and brunch spot in the Northern Quarter of Manchester. It specialises in coffee sourced from some of the best coffee plantations in the world. The coffee equipment set-up allows the customer a choice of coffee bean. At any one time up to five different coffee beans can be stocked, each with its own unique characteristics and flavour profile.

The food menu has been curated by a culinary consultant with extensive Michelin star experience. It focuses mainly on a brunch offering but is presented in “small-plates” allowing the customer to try multiple dishes in one sitting. In the twelve months of operating, it had become one of Manchester’s top brunch spots, often having queues of people waiting for a table during the weekend brunch service. It is also one of the highest rated coffee shops in the Northern Quarter, having an overall rating of 4.8 stars on Google reviews and 4.5 stars on trip adviser.

The business is being sold with all its equipment, a carefully crafted brand and operational knowhow (this includes everything from food spec sheets, SOPs, marketing strategies, pos set-up, branding assets etc) ready to be executed by its new owner. Due it being established only recently, it is a growing business with a huge potential to become one of the biggest players in the coffee shop market in Manchester and replicate to multiple sites.


Location


Seed & Cherry occupies a main road trading position within a parade of shops and offices. This area of central Manchester is much sought after and is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Tesco, Debenhams and The Halifax. There are also a number of car parks nearby including ncp. The area is well linked by the A57(M) with very strong public transport links.


Reason for sale


The business is ideally suited to a hands-on owner-operator, but due to our client’s change of circumstances, the business is now 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 and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease began in 2019 at a cost of £808 per week.


Building layout and design


Seed & Cherry operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with kitchen and preparation area to the rear of this. Fittings and equipment are of a high specification and include a La Marzocco Espresso Machine, three espresso grinders, six burner cooker, built in oven, salamander grill and much more. The business also has a fully functioning music and pa system as well as a stage area to allow for live performances. This sale also includes an iPad for pos, two sum-up card machines and an amazon fire. All areas are fully equipped and presented extremely well.


Business rates


Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This newly fitted and newly established business occupies an enviable trading position in a bustling area of Manchester’s Norther Quarter, having only recently closed, it is ready to reopen imminently and a new owner could do this with no further investment required. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business simply by reopening and driving a relaunch via social media and in the local area. 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: £85,000.

Please quote ref: 7301

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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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