Cafes for sale in Rochdale

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Cafe & Sandwich Bar In Rochdale Greater Manchester

Rochdale, Greater Manchester, England

  • Leasehold Price: £26,495  Price Reduced arrow_drop_down
  • Annual Turnover: £34,722
  • Annual Gross Profit: £15,091
Seller Reference: 6620
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Business Description
 
 
 
 
 
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Seller Reference: 6620
Request Details
Business Description
Main Road Trading Position
Close To Rochdale Town Centre
Latest Accounts To 30 April 2018
Annual Turnover £34,722
Gross Profit £15,091
Accounts Available After Viewing
Huge Scope For Delivery Service
Currently Operating On Short Hours
Closed Sundays
No Staff / Owner Operated
Customer Seating For 8 - Space For More
Free Owner & Customer Parking To Rear
New Lease Offered
Five Star Hygiene Rating
Could Accommodate A Variety Of Cuisines
REF 6620 – Leasehold Cafe & Sandwich Bar

Blacks Brokers are pleased to bring to the market this leasehold cafe & sandwich bar located in a busy area of Rochdale town centre, Greater Manchester.

INTRODUCTION

Landing Cafe has been trading from The Landings for many years with our client in ownership since 2007. The building has been home to similar businesses for over fifty years. Landing Cafe offers a range of freshly prepared sandwiches and hot snacks as well as a popular all day breakfast and jacket potatoes. The business is a well known and highly reputable eatery within this area, with good online reviews noted on Google.

LOCATION

Landing Cafe is positioned within a row of purpose built retail units on a busy main road. This area is densely populated residentially and commercially. Rochdale town centre is close by along with Queensway and Rochdale Central Retail Park. The area is well linked by the M62 with superb public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business interests being higher than anticipated, the business is offered for sale and 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 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 a rolling open lease at a cost of only £109.90 per week including the service charge.

STAFF

The business is currently operating with our client and partner only in employment.

FINANCIAL DETAILS

Landing Cafe has traded solidly since opening. We are advised that the business currently has annual turnover of £34,722 with gross profit of £15,091. Full financial details are available upon viewing.

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 leasehold business occupies a prominent trading position within a busy area of Rochdale. Our client has secured a large customer base and excellent reputation. There is plenty of scope to develop the business further with the introduction of longer opening, a new menu and potentially Sunday opening. The premises could accommodate a variety of cuisines such as fish, veterinarian, kebabs, curries, burgers and even introducing meal deals and specials. A delivery service in this area would also be beneficial. The first floor could be utilised and the back of the shop could also be opened up too. 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. Fixtures:
All Fixtures & Fittings Included
Trading hours:
Mon - Fri - 7.30am - 1.30pm Sat - 8am - 11.30am Sun - Closed
Tenure:
Leasehold
Is accommodation included?:
Landing Café operates from a well presented mid terraced property. The business has large signage and branding displayed above a matching, fully glazed frontage. Inside, the main dining area offers seating for eight, with lots of space for more to be added. The large counter/servery is fitted with refrigerated display units and there is a preparation area to the rear. At the back of this is a well equipped open plan kitchen with meat slicer, stainless steel double fryer and griddle, bain marie, toaster, grill and much more. There is also a storage area. The first floor is currently used as one large storage room – this could easily be utilised as an extension to the business if required.
Location Details:
Rochdale
Leasehold Term:
£109.90 Per Week Including Service Charge
Listed by:
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