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Popular Sandwich Shop & Cafe In Morecambe For Sale

Morecambe, Lancashire, UK
Asking Price:
£125,000 Furniture / Fixtures included
Sales Revenue:
£119,765
Cash Flow:
Available on request

Main Road Trading Position
FREEHOLD AND BUSINESS FOR SALE
Accounts Available 31st August 2020
Annual Turnover £119,765 (Full Year Aug 2019)
Gross Profit £63,198 (Full Year Aug 2019)
Accounts Available After Viewing
Established 2000 with Management In Place
Fully Equipped Well Presented Throughout
Close Vicinity Of "The Eden Project Up North" Concept
Popular Residential Area With Excellent Reputation
Superb Online Reviews Scope For Website & Social Media
Free Parking - Well Linked To Public Transport
Short Trading Hours & Closed Sundays
Potential To Expand Opening Hours
EPC - C

REF 6078 – Freehold Sandwich Shop & Cafe

Blacks Brokers are proud to bring to the market this freehold sandwich shop & café located in a popular and much sought-after area of Morecambe, Lancashire.

INTRODUCTION

The Buttery has been trading on Anderton Street for over 20 years, with our client in ownership since 2013. The business is very well-known in this area and has a large base of repeat customers in addition to plenty of passing trade due to this excellent trading position.

LOCATION

Situated within a busy area of Morecombe, the shop is set a couple streets back from the front close to many other local businesses, shops and residential properties. As this is a popular residential and shopping area, the shop is less reliant on tourism and has a steady year-round trade. There is on road parking to the front and public transport links are good.

REASON FOR SALE

The Buttery is only being offered for sale as our client has other personal & business interests to focus on.

BUILDING LAYOUT AND DESIGN

The Buttery is housed within the ground floor of a spacious, corner retail unit. Well branded, the business has bold, modern signage displayed to both sides of the property and main entrance to the front. The frontage was renovated with new signage in 2015.
Inside, the customer servery and waiting area is very well presented, with seating for 12 on free standing tables and chairs, modern décor and menu boards displayed above the servery.
The counter runs the full width of the shop, with pie warmer and salad bar in place. Behind this is a food preparation area which is well equipped with good quality fixtures, fittings and kitchen equipment.
To the rear is a utility area and a separate toilet.
Each area has been finished carefully with good attention to detail.

STAFF

The Buttery is currently run under management, with one manager and three part-time members of staff in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and The Buttery has traded solidly over its trading history. The business generates an annual turnover of £119,765 with gross profits of £63,198.

SUMMARY

This freehold business is long-established and well-known in this area with a good base of repeat customers. There is plenty of scope to develop the business further with the introduction of later opening, deliveries and catering contracts with other local businesses and the introduction of an owner-operator would be of benefit financially. 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.

Property Information

Property:

Freehold

Business Operation

Trading hours:

MON: 08:00 - 16:00
TUE: 08:00 - 16:00
WED: 08:00 - 16:00
THU: 08:00 - 16:00
FRI: 08:00 - 16:00
SAT: 08:00 - 16:00
SUN: CLOSED

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