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Restaurant/cafe for sale

£59,950

15 Greek Street, Stockport SK3

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Property description

Business
Hilton Smythe welcomes to the market Sandwich Corner. The business was established in this location in 2000. Our client then took over the cafe in 2015. The owner is now looking to sell the business, due to ill health.

The business runs as a cafe and sandwich shop in a prime trading location. They offer an excellent range of foods to eat in the 36-cover cafe or to takeaway. A delivery service is also available to the local area. The menu includes hot breakfasts, sandwiches, paninis, toasties, wraps, salads, pastas, burgers and much more. The business features its menu on takeaway sites such as JustEat and Hungry House.

The business generated a turnover in the region of £115,000 as of the 2016 accounts, with a gross profit of 67%. This is a healthy turnover, with scope to be increased. We feel that the purchaser could look to market the outside catering service. Extending opening hours could further boost trade.

The cafe has a business website, this is included in the sale. This is great site however, we feel that an online ordering service could benefit the business further. The Facebook page compliments the site and has over 190 followers and is kept regularly updated.

This is a fantastic long-established business opportunity that is not to be missed. The cafe would be a perfect business for a husband and wife team or partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Sandwich Corner is located in Stockport, Greater Manchester.

The cafe is situated on a main road just half a mile from the centre of Stockport centre. The area always receives a generous amount of footfall and passing trade and there is ample parking close by, allowing for customers to easily call in the cafe.

The area has a plethora of retail outlets and offices, this guarantees custom. Stockport is an excellent location for a busy cafe and sandwich shop. The town is undergoing a regeneration scheme to boost the area, this will increase industry and residential housing. As of the 2011 census the population was around 136,081. This is set to increase over the next few years.

The road on which the cafe is located connects to the A6, a main arterial road in the town. The A6 runs from the centre of Manchester just a 30-minute drive away and runs south to Derby. The area has exceptional public transport, with bus stops within walking distance and the towns railway station, again just a short walk away.
Premises
Sandwich Corner is situated in a large corner property on a busy main road. The property is well-signed and looks presentable.

On entry is the service counter, this is a double glass fronted chiller. Behind the service area is a preparation area with counter top space, shelving, coffee machine and till. The kitchen space is to the back of the room. This kitchen is fully equipped.

There are stools for customers awaiting food to go on entry. Up three steps is an open plan seating area. This is a bright space with 20 covers.

Through to the rear is a large storage room with toilet.

At the back of the property is a yard area, this has a further 16 covers for customers, perfect in the warmer summer months. Entrance to this area is to the side of the property.

Equipment included in the sale includes: -

Chiller cabinet

3 x microwaves

Pie warmer

5 x fridges

3 x freezers

2 x panini grills

Single deep fat fryer

Toaster

Two pan Bain Marie

Cash register

Two ring burner cooker

There are a further 8 covers at the front of the property.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 8 years

Remaining lease length: 6 years as of 2017.

Rent: £850 per month
hours
The business opening hours: -

Monday - Friday: 7:30am – 2pm

Saturday & Sunday: Closed
staff
The business is run and managed by our clients, with the help of four-part time members of staff.
Financial profile
The business generated a turnover in the region of £115,000 as of the 2016 accounts, with a gross profit of 67%.

What Zoopla users think of Stockport

Overall rating:

  • currently 4 stars
Very good - 79% (173 ratings)

Ratings breakdown:

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Nearby transport

  • Stockport (0.1 miles)
  • Davenport (1.0 mile)
  • Woodsmoor (1.5 miles)
  • Manchester International Airport (5.9 miles)
  • Liverpool John Lennon Airport (28.9 miles)
  • Leeds Bradford International Airport (38.0 miles)
  • Liverpool Pier Head Ferry Terminal (34.5 miles)
  • Liverpool Isle of Man & Dublin Terminal (34.6 miles)
  • Liverpool Belfast Ferry Terminal Bootle (35.0 miles)

Nearby schools

View all schools in Stockport
  • Our Lady's Catholic Primary School (0.2 miles)
  • St Matthew's Church of England Primary School (0.2 miles)
  • St Thomas' Church of England Primary School Stockport (0.2 miles)
  • Stockport College (0.1 miles)
  • Aquinas College (0.8 miles)
  • Sms Education (2.1 miles)
  • Stockport Academy (1.0 mile)
  • Focus School - Stockport Campus (1.2 miles)
  • Stockport School (1.3 miles)
Note: Distances are straight line measurements

Local info for Stockport

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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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