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Restaurant/cafe for sale

£35,999

130 Mornington Road, Bolton BL1

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and busy fish & chip shop, within the town of Bolton in Greater Manchester. The business was established in 1935 and has been in our clients careful ownership since 2009. Only now is the business being offered to the market due to our clients family commitments.

The business operates 6 days per week and generates a turnover in the region of £34,500 as per 2015 accounts, with a gross profit of approximately 65%. Our client offers a variety of fayre including fish & chips, burgers, sausages, fishcakes, scampi and sandwiches, as well as a range of Chinese dishes including curries, spring rolls, sweet & sour and rice.

The business has built up an enviable reputation within the area for the high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business is truly in a walk-in-and trade-condition and is maintained to a high standard.

We feel the turnover could be increased by extending the opening hours of the business. A new owner could also establish a website to advertise the goods offered. This is an ideal opportunity for a new owner to acquire a busy fish & chip takeaway business; therefore early viewing must come highly recommended.

Location
Morning Tide occupies two storey premises, in an ideal trading location within the town of Bolton, Greater Manchester. The business benefits from free on-street parking facilities to the front of the premises, and is surrounded by densely populated residential areas, from which the business derives much of its trade.

Amenities within the area include a supermarket, churches and schools. Bolton is a bustling town in the North West of England and as of the 2001 census, the town had a residential population of 139,403. Landmarks in the town include the imposing neoclassical town hall, which was designed by William Hill and opened in June 1873 by the Prince of Wales.

The area of the property is well served by the public transport system, with bus stops within easy walking distance of the business. The nearest railway station is in Bolton town centre approximately 2 miles away. Bolton is well served by the local road network and national routes. The A666 duel carriageway is a spur from the M61/M60 motorway interchange through the town centre to Astley Bridge, Egerton, Darwen and Blackburn. Manchester is approximately 10 miles away and Preston is 21½ miles away.
Premises
Two-storey premises, in an ideal trading location, briefly comprising:

Ground floor with:

Main service and sales area.

Fish and chip range.

Electronic cash register.

Large menu board.

Cold drinks refrigerator.

To the rear:

Owners lounge.

Small kitchen.

Store room.

Potato room.

First floor with:

Single bedroom.

Double bedroom.

Bathroom.

Equipment included:

2 x mini refrigerators.

Bain Marie.

2 x chest freezers.

Potato chipper.

Potato rumbler.

Cooking hob with 8 ring burner.

2 x microwave ovens.

There is a large loft area, which is boarded out for storage.

The property has CCTV.
Tenure
We are advised Leasehold:

Original lease length: 15 years

Remaining lease length: 9 years

Review every: 3 years

Rent: £6,400 per annum
hours
The business is open:

Monday – Friday: 11.30am – 1.30pm and 4.30pm – 9.30pm

Saturday: 4.30pm – 9.30pm

Sunday: Closed
staff
The business is owner run and managed with 1 x staff member.
Financial profile
The business generates a turnover in the region of £34,500 as per 2015 accounts, with a gross profit of approximately 65%.

What Zoopla users think of Bolton

Overall rating:

  • currently 3.5 stars
Good - 71% (295 ratings)

Ratings breakdown:

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Nearby transport

  • Bolton (1.4 miles)
  • Lostock (1.7 miles)
  • Hall-i'-th'-Wood (2.0 miles)
  • Manchester International Airport (17.5 miles)
  • Liverpool John Lennon Airport (23.7 miles)
  • Blackpool International Airport (26.9 miles)
  • Liverpool Belfast Ferry Terminal Bootle (24.6 miles)
  • Liverpool Pier Head Ferry Terminal (25.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (25.5 miles)

Nearby schools

View all schools in Bolton
  • Devonshire Road Primary School (0.2 miles)
  • St Thomas of Canterbury RC School (0.3 miles)
  • Oxford Grove Primary School (0.5 miles)
  • Bolton College (0.9 miles)
  • Bolton UTC (0.9 miles)
  • Bolton Sixth Form College (1.0 mile)
  • Thomasson Memorial School (0.2 miles)
  • Bolton School Girls' Division (0.2 miles)
  • Bolton School Boys' Division (0.3 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 +44 1204 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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