Asking price: £150,000

Sales revenue: £200,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Bag a Business Ltd is delighted to offer for sale this thriving and highly regarded cafe/takeaway business, located in such a prime trading position, within the centre of Bury. The Met Cafe currently has an annual turnover in excess of £200,000 achieving a 70% gross profit. It has an enviable reputation for the quality of its breakfasts, sandwiches, toasties, smoothies, omelettes and coffee and consequently generates much repeat custom. There remains infinite scope to develop turnover further as the business currently closes at 6.00pm, despite demand in the area for evening trade. In the past the premises have had an alcohol licence, when it had traded just as a takeaway business, thereby offering additional scope to renew the licence and sell alcohol if desired. This is a particularly attractive purchase as the premises have undergone a substantial refurbishment programme and benefit from an exceptionally high standard of contemporary fixtures and fittings throughout. The ground floor benefits from an open plan kitchen and tables and chairs for 8 covers, whilst there are an additional 30 covers on the first floor. The cafe is also well-known throughout the local business community, with the first floor dining area popular for private parties and functions. This is a unique opportunity to purchase a thriving and highly regarded business and as such early discussions with Bag a Business Ltd are essential.

Trading hours: Mon - Fri: 7.00am - 6.00pm Sat: 8.00am - 6.00pm Sun: 9.00am - 5.00pm

Property: Leasehold

Lease terms
Leasehold Original length: 11 years Remaining length: 9« years Review every: 5 years Rent: £16,500 per annum

Living accomodation
PROPERTY DETAILS Substantial, two-storey, lock-up leasehold premises within the centre of Bury GROUND FLOOR Main entrance Open plan cafe area with tables and chairs for 8 covers Open kitchen and preparation area with Gaggia coffee machine, grinder, worktops, dishwasher, 6 burner gas stove, Panini grill, griddle, hotplate, Lincat grill, charcoal grill, stainless steel extraction system, double sink, hand sink, various fridges and freezers Double drinks chiller unit Glass fronted cake display cabinet Utility and storage area with refrigerator and ice machine Stairs to first floor FIRST FLOOR Open plan dining area Tables and chairs for 30 covers Tiled flooring Ladies WC Gents WC Staff WC Additional storage area Contemporary decor and halogen lighting throughout EXTERNAL Attractive wide frontage Front canopy Enclosed external dining area with 16 covers

Location
This thriving cafe/takeaway business located in a prominent and particularly desirable trading position, on Market Street, within the centre of Bury in Lancashire. The spacious, two-storey premises benefit from ample free parking in the vicinity. It is surrounded by a variety of complementary shops and businesses, including many major high street brand names and multiples, which attracts a high daily footfall. It is located opposite the entrance to the Mill Gate Shopping Centre, which is the prime retail shopping destination within the centre of Bury, and just a short walk from the world-famous Bury Market, which attracts locals, visitors and tourists all year round. The area is easily accessible to the M66 motorway and to all the major North-West conurbations.