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Restaurant/cafe to let

£19,950 pa (£1,663 pcm)

616 Bury Road, Bolton BL2

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Property description

Business

Founded by our clients in February 2015, the Business offers a unique, high end dining experience, with a bistro style, steak house menu, using good quality ingredients and formidable, welcoming service. Since its opening the business has been tirelessly developed and proudly features consistently within the top three restaurants within Bolton on the Trip Advisor website.

Since our clients founded the business, it has enjoyed year on year growth, and relies heavily on word of mouth recommendations to sustain its loyal customer base, only minimal marketing of the business has been undertaken.

The business is now reluctantly offered for sale as our clients look to pursue other new challenges.

Location

The business is ideally located on the corner of the A58, Bury Road and Long Lane, connecting Bolton and Bury. The suburb of Breighmet is located within the Metropolitan Borough of Bolton, Greater Manchester and is a typical residential community with a collection of smaller, independent businesses. The location and prominent external signage ensures that the business capitalises on the passing pedestrian and vehicular trade, and as a result is extremely well known and regarded.

Premises

The two story, well presented, corner premises benefits from impressive external signage and has been adapted to suit our clients’ needs throughout.

Upon entrance is the main dining and bar area with attractive back bar display and flexible seating for 36 covers, towards the back of the ground floor is the service kitchen, with all expected equipment and appliances including extraction unit.

To the first floor is occupied by a preparation kitchen, dry store area, staff room, office and customer toilet.

The premises are protected from extensive CCTV throughout.

We are advised that our client had plans to revamp and remodel some of the interior layout, which in short, would increase the number of covers and amalgamate the kitchen and dry store, to suit the practicalities of this ever-growing demands of the business.

Tenure

We are advised that the business had a lease granted when it was originally opened, this is due to expire in August 2017. The buyer would therefore be able to negotiate the terms of the new lease with the landlord. We are advised that the landlord is keen to renew or grant a new lease to the incoming purchaser. Rent is currently circa £800 pcm, with business rates standing at around £70 pcm. We are advised that the landlord has previously entered discussions surrounding the sale of the freehold.

Hours

The current opening hours are as follows:

Sunday 2pm – 8pm

Monday – Saturday 2pm - Late

Our client advises us that the hours could easily be extended to include lunch, therefore increasing revenue.

Staff

The business currently is overseen by our clients and has a full-time manager and chef, with 5-part time staff. We are advised that ideally the new owner could reduce the current wages bill by having an active involvement in the running of the business, something which our clients currently cannot do due to other commitments.

Financial profile

The business has seen year on year growth in terms of turnover. We are advised the business generates a healthy turnover in the region of £4,000 per week as standard. We are further advised that due to our client’s other commitments, that turnover is currently lower. This is reflected in the asking price of the business.

The business is sold with a vast inventory of fixtures, fittings and equipment.

What Zoopla users think of Bolton

Overall rating:

  • currently 3.5 stars
Good - 71% (283 ratings)

Ratings breakdown:

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

  • Bolton (1.4 miles)
  • Hall-i'-th'-Wood (1.4 miles)
  • Moses Gate (1.7 miles)
  • Manchester International Airport (16.4 miles)
  • Liverpool John Lennon Airport (25.4 miles)
  • Blackpool International Airport (29.2 miles)
  • Liverpool Belfast Ferry Terminal Bootle (26.9 miles)
  • Liverpool Pier Head Ferry Terminal (27.6 miles)
  • Liverpool Isle of Man & Dublin Terminal (27.6 miles)

Nearby schools

View all schools in Bolton
  • Forwards Centre (0.1 miles)
  • Leverhulme Community Primary School (0.2 miles)
  • Red Lane Primary School (0.6 miles)
  • Birtenshaw (1.1 miles)
  • Bolton Sixth Form College (1.8 miles)
  • The Young Mums Unit (1.8 miles)
  • Park School Teaching Service (0.2 miles)
  • Bolton St Catherine's Academy (0.8 miles)
  • Firwood High School (0.9 miles)
Note: Distances are straight line measurements

Local info for Bolton

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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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