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Restaurant/cafe for sale

£19,950

300 Edge Lane, Manchester M43

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Property description

Business
Hilton Smythe is delighted to welcome to the market this popular cafe and sandwich bar business, which is ideally located within the town of Droylsden, Greater Manchester.

The business was established by our client in July 2016 and is only now being offered to the market, due to our client’s decision to attend university. The business currently operates 6 days per week and generates an approximate turnover of £1,000 per week, with a good gross profit.

Our client offers a wide variety of goods including full English breakfasts, hot & cold sandwiches, toasties, Ciabatta melts, jacket potatoes and chips, as well as a selection of hot and cold beverages. Our client also offers a delivery service within the area to homes and places of business. To the first floor is one bedroom accommodation with separate rear entrance, which could be used by a new owner or let out to generate further income. The property boasts 71 sq. Metres of floor space with 20 internal covers and 5 covers externally to the front of the property.

The business has built up an excellent reputation within the area for the very high quality of the food offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours and taking advantage of the early evening trade. A new owner could also embark on a modest marketing campaign to highlight to goods offered. The cafe already has a Facebook page but would benefit from a business website to advertise the fayre offered.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Location
The Peppermill cafe and sandwich bar occupies substantial ground floor, corner premises, ideally located within the town of Droylsden in Greater Manchester. The business is surrounded by a wealth of complimentary shops, businesses and densely populated residential areas, from which the business derives much of its trade. The cafe benefits from a high volume of footfall and passing trade, as well as good car parking facilities within the area.

Droylsden is a bustling town in Greater Manchester. According to the 2011 census, the town had a residential population of 22,689. Droylsden is located on the eastern fringe of Manchester. A new marina, by the side of the Ashton canal, was opened in 2007 and has provided new homes, as well as moorings for canal boats.

The area of the business is very well served by the public transport system, with several bus stops within easy walking distance of the property, offering excellent links to the surrounding towns and Manchester city centre. The nearest railway station is Gorton, which is approximately 1 miles away. The area is also well served by the a-roads, with the business situated on the corner of the A662, which links to the national a-road and motorway networks. Manchester city centre is approximately 4 miles away and Ashton-under-Lyne is 3½ miles away.
Premises
Substantial ground floor, corner premises, which is in a prime trading location, briefly comprising:

Ground floor:

Main cafe area with:

Laminate flooring.

20 x covers.

Comfortable sofa.

Serve over chiller unit.

Menu boards.

Tea urn.

Ladies and gents’ WCs.

Kitchen with:

5 x burner hob.

Storage units with work surfaces.

Microwave oven.

Toaster.

Racking and shelving.

First floor:

Large lounge.

Kitchen.

Bathroom.

Bedroom.

The flat has a separate rear entrance.

External:

5 x covers to front of premises.
Tenure
We are advised Leasehold:

Original lease length: 6 years

Remaining lease length: 5 years

Rent: £671 per month
hours
The business is open:

Monday – Saturday: 8.30am – 3.00pm

Sunday: Closed
staff
The business is owner run and managed with 1 x staff member.
Financial profile
The business generates an approximate turnover of £1,000 per week, with a good gross profit.

What Zoopla users think of Droylsden

Overall rating:

  • currently 4 stars
Very good - 81% (84 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Droylsden:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Gorton (0.9 miles)
  • Fairfield (1.1 miles)
  • Ashburys (1.3 miles)
  • Manchester International Airport (9.9 miles)
  • Liverpool John Lennon Airport (30.0 miles)
  • Leeds Bradford International Airport (33.7 miles)
  • Liverpool Pier Head Ferry Terminal (34.6 miles)
  • Liverpool Isle of Man & Dublin Terminal (34.7 miles)
  • Liverpool Belfast Ferry Terminal Bootle (34.7 miles)

Nearby schools

View all schools in Tameside
  • Seymour Road Academy (0.2 miles)
  • Manchester Road Primary Academy (0.3 miles)
  • Higher Openshaw Community School (0.3 miles)
  • Manchester Settlement (0.7 miles)
  • The Manchester College (1.1 miles)
  • Connell Sixth Form College (1.1 miles)
  • Droylsden Academy (0.4 miles)
  • Fairfield High School for Girls (0.8 miles)
  • Music Stuff (0.8 miles)
Note: Distances are straight line measurements

Local info for Tameside

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on 01204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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