Cafes for sale in Ashton-under-Lyne

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Shopping Centre Cafe - Ashton-Under-Lyne

Ashton-under-Lyne, Greater Manchester, England

  • Leasehold Price: £50,000  Price Reduced arrow_drop_down
  • Annual Turnover: £179,111
Seller Reference: 7248
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Business Description
 
 
 
 
 
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Seller Reference: 7248
Request Details
Business Description
Operating Under Management
Seating For 36
Profit & Loss Available Year End 31st March 2020
Annual Turnover £179,111
Further Financial Info Available After Viewing
Prominent Shopping Centre Location
Five Star Food Hygiene Rating
Can Trade as Part of Franchise or Independently
Fantastic Online Reviews
Blacks Brokers are pleased to bring to the market this leasehold cafe located in the town centre Ashton-under-Lyne.

INTRODUCTION

BAP has been trading since the summer of 2017 in this excellent location. This store is part of the BAP franchise group and it is its largest store almost twice the space of the other stores. This business can be traded as a BAP allowing the owner to have the full support of the brand at an additional cost of £2000+VAT per annum or alternatively this outlet can be renamed and operated totally independently from the brand should a new owner wish to do so.

LOCATION

BAP is located right in the heart of Ashton-under-lyne occupying the centre of the Arcades shopping complex.

REASON FOR SALE

This opportunity has become available due to our clients other business interests and therefore this has presented a exciting opportunity for a new owner.

About BAP

Welcome to BAP

Great tasting baguettes, baps, salad bowls and wraps made right in front of you all served with fantastic coffees, cold drinks and superior snacks.
At BAP we pride ourselves on the choice we can offer our customers, without making the ordering process confusing. We have three different baguette sizes; small, medium and mega, all on white or brown breads. We like to keep things simple, so any small standard baguette is the same price regardless of the filling.


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 2017 and will run for a ten year term with a break clause at the five year point. The current rent is £769 per week which represents excellent value for such a prime location property in the heart of this busy town.

BUILDING LAYOUT AND DESIGN

The lease covers the entire unit on the entrance of this bustling shopping centre.
Bap Ashton is perfect for shoppers and locals, who want a break or to relax as the busy Arcades shopping complex unfolds around them. Comfy settee’s, booth’s and armchairs make taking it easy a must!
The unit can accommodate thirty six diners. There is a storage room on the first floor and the business has a four camera CCTV installed.
The business also has a separate storage unit for stock.

STAFF

The business is currently operated totally under-management and staffing levels at the moment are at five including the manager.

FINANCIAL DETAILS

The profit and loss year end 31st March 2020 show that the business has an annual turnover of £179,111. Full financial information can be made available after viewing.

BUSINESS RATES

The business rates are included in the rent.

SUMMARY

This is an exciting opportunity to acquire a business that has traded strongly since opening in 2017. The business is operated under a franchise but is available as an independent providing excellent flexibility for a new owner. Fitted to an exceptional level with a no expense spared attitude and in a location that is extremely busy this business represents excellent value for money and offers a fantastic return on investment.

This is an ideal opportunity and early viewings are advised. Fixtures:
All Fixtures & Fittings Included
Trading hours:
MON - SAT: 08:00 - 18:00
SUN: 10:00 - 16:00
Tenure:
Leasehold
Location Details:
Ashton-under-Lyne
Leasehold Term:
£769 Per Week
Listed by:
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