| (REF: 0044) Modern, Refurbished, Cafe & Sandwich Bar, Town Centre, Bolton |
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| Seller Reference: |
0044 |
| B4S Reference: |
32232 |
| Asking Price: |
£85,000
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
2 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Bolton, Greater Manchester, United Kingdom |
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The Business
The Business has been established and owned since 2009, and has a fantastic reputation throughout the area, which has seen tremendous growth in trade since its opening. Originally based solely on the ground floor with 16 covers, the vendors extended the business to the first floor during November 2011, to incorporate a stunning, relaxing coffee lounge with a further 35 covers, that has been refurbished to the highest standards. Since the first floor refurbishment, the current owners have seen a fantastic increase in turn-over. Outside catering is also offered.
The Building
The Cafe & Sandwich Bar operates from a stunning four storey building at the heart of Bolton town centre. There is a spacious kitchen & preparation area in the Basement, Dining areas to the ground and first floors and a further floor that offers massive potential but hasnt yet been utilised.
Basement
Fully Refurbished, Spacious kitchen and preparation area with a full range of modern, stainless steel equipment including an Industrial Extraction unit, Cooking equipment, Dishwasher and a Dumb Waiter lift that carries food to the three floors above.
Ground Floor
The Ground Floor Dining area has been stunningly refurbished, offering a fresh. modern look. There are 16 covers, with serving area, Display fridge, Drinks chillers and till point.
First Floor
Again, the first floor has experienced recent, extensive refurbishment throughout, offering a further 35 covers. A fantastic, relaxing coffee lounge with serving area, coffee machine and 'ground to ceiling' windows offering views onto the town centre.
Second Floor
The Second Floor offers massive potential, subject to further planning or regulation requirements. Currently housing the customer W/c's, there is huge potential to inrease covers or use as a private function room.
Further Potential
Already boasting a fantastic turn over, this business has massive, further potential, subject to any planning or regulations needed. There are no opening time restrictions in place, so therefore there is scope to open as a Restaurant in the evening on the upper floors whilst keeping the ground floor open as a Take away, which can be split with two different entrances. The layout of the building and the quality refurbishment invites itself massively to the possibility of a Bar / Restaurant. It isnt licenced to sell alchohol at the moment, but having discussed the situation, should be a possibility.
Current Opening Times
The current opening times are; Mon - Fri 07:30 - 17:00 Saturday 07:30 - 16:30 Sunday Closed
Financial Details
Currently run by owners who employ five part time staff. T/o for the 2011 calendar year was £125,000 with 48%G/P, but due to the opening of the 1st floor coffee lounge in Nov 2011, T/o has increased massively from those figures, to approx £3500 pw. A rare and fantastic opportunity not to be missed
Lease Details
£25,000 p/a. The current owners signed a new 10 year lease in November 2011 with a 5 year rent review. The Rateable Value is £19,750
Disclaimer
Please Note: All information, measurements, plans and photographs are for general guidance only. The agents have not tested any appliances, facilities or services.
Whilst these particulars are believed to be correct their accuracy is not guarenteed and they do not form any part of any offer or contract.
* Viewing strictly by appointment with Urban Locks Business Sales *
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Property: |
Leasehold |
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Lease Terms: |
Lease Details
£25,000 p/a. The current owners signed a new 10 year lease in November 2011 with a 5 year rent review. The Rateable Value is £19,750
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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