Leasehold Cafe Sandwich Bar And Catering Business For Sale

Business description

We are delighted to offer to the market this well-established cafe and sandwich takeaway business, which has had over 20 years of trading history within the Wigan area. The property has been fully refurbished by our client, who purchased the business in 2005. Our client has spent over £35,000 in the past year updating equipment and decorating the premises throughout. The property has received a new roof, new plumbing and rewiring, allowing any new purchaser the ability to walk straight in and carry on trading. There is a self-contained flat located on the first floor that benefits from its own entrance, which provides a monthly income of £375 and is included in the leasehold price. The property offers a 17-cover cafe with a sandwich takeaway counter and a large rear kitchen. The business further benefits from the outside catering side of the business. Currently the weekly turnover is approximately £1,000, achieving a gross profit of over 52%. There is vast potential to increase the turnover by offering more home-cooked menu options, extending the opening hours and offering a local delivery service. Our client may also be interested in selling the freehold of the property to any interested parties.

Property information

Property:

Leasehold

Lease terms:

Leasehold
New lease to be negotiated
Rent: £207 per week for both flat and shop
Freehold option: OIRO £185,000 + SAV

Living accommodation:

PROPERTY DETAILS Large corner property arranged over two floors with separate access to first floor, briefly comprising: GROUND FLOOR . Open-plan 17 cover seating area . WC . Refrigerated display counter . Drinks chiller . Pie warmer . 4-pot Bain-Marie . Stainless steel work surfaces and undercounter storage shelving . Several blackboards displaying menus and daily specials . Soup kettle . Hot plate . Cash register Kitchen with: . 4-ring electric stove . Two large griddles . Two microwave ovens . Large stainless steel refrigerator . Several stainless steel work surfaces . Hand wash basin . Separate dry store area - fully shelved with access to garage FIRST FLOOR 2-bedroom self-contained flat with kitchen - located on ground floor, two double bedrooms, family bathroom and lounge EXTERNAL . Private courtyard . Garage . Parking to front and side

Location:

Woodhouse Catering occupies a highly visible corner trading position in Woodhouse Lane within Wigan, Lancashire. The busy link road connects commuters to Wigan town centre, as well as the nearby M6 motorway. The business is centrally located within a densely populated residential estate, which includes several local schools and a college. This part of Wigan benefits from a massive regeneration programme, which includes several new housing developments. The business, which is opposite a very busy petrol station, benefits from ample free parking directly outside the premises.

Other information

Trading hours:

Mon - Fri: 8.00am - 2.00pm Sat: 8.00am - 1.00pm Sun: Closed