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Commercial property for sale

£30,000

Cheadle SK8, UK

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Property features

  • Established 10 Years
  • Annual Turnover £182,000
  • Gross Profits Circa 75%
  • Short Hours
  • Relocation Sale
  • EPC - D

Property description

Ref 5571 – Leasehold Takeaway with Accommodation

Blacks Brokers are proud to bring to the market this leasehold takeaway business located in the much sought after area of Cheadle, Greater Manchester.


Introduction


Salaam Bangla has been trading here on Church Road in Gatley since 2007 and over that time it has firmly established itself within the local community and gained a superb customer base and reputation.


Location


Gatley is an affluent suburban area within Cheadle. The area is close to Stockport, East Didsbury and Manchester. The area is densely populated with many residents, parks, schools, shops and other businesses. Church Road is the main high street in the area and competition is limited. Well linked with local motorway networks, the area is reputable and popular. Additionally, there is a large, free car park close by.


Reason for sale


The business is only being offered for sale as our client is relocating.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 12 years with 3 yearly rent reviews. The current lease began in 2007 at a cost of £288 per week.


Building layout and design


The business is housed within a single fronted, terraced unit within a parade of shops and businesses. The business is well branded with clear signage on display and a side entrance for the first-floor accommodation. Inside, the customer servery area is well presented, with comfortable seating with wooden flooring throughout. The counter area overlooks the kitchen area, which is well equipped and presented. There is a further food preparation area to the rear with a cooking station in place. On the first floor is a small, two bedroomed flat. This is currently used as storage but could easily be transformed into accommodation for a new owner or potentially could be let.


Staff


There are currently no staff employed as our client runs the business alone.


Financial details


Financial details are available upon a viewing of the business and the business has traded solidly over its history. The business generates weekly takings of £3,500 with strong gross profits of between 70%-75%, 40% of the turnover comes from Just Eat & Hungry House. All customers are from the local area as one would expect with the majority of orders being placed over the phone.


Summary


This leasehold business is well placed and very well established, with large customer base and fantastic reputation. The business already has partnerships in place with HungryHouse and JustEat and could benefit from an online presence of it’s own. There is plenty of scope to develop the business further and there are even more income opportunities through the leasing of the first floor of this building. 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. Business: £30,000.

Please quote ref: 5571

Property info

What Zoopla users think of Gatley

Overall rating:

  • currently 4.5 stars
Very good - 87% (28 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
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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
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Parks & recreation
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  • 1
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  • 5
Restaurants & shopping
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  • 1
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  • 5
Schools & public services
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  • 1
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  • 5
Transport & travel
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Nearby transport

  • Gatley (0.3 miles)
  • East Didsbury (1.4 miles)
  • Heald Green (1.5 miles)
  • Manchester International Airport (3.1 miles)
  • Liverpool John Lennon Airport (25.6 miles)
  • Leeds Bradford International Airport (40.4 miles)
  • Liverpool Pier Head Ferry Terminal (31.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (31.4 miles)
  • Woodside Birkenhead Ferry Terminal (31.9 miles)

Nearby schools

View all schools in Stockport
  • Gatley Primary School (0.1 miles)
  • Crossacres Primary Academy (0.6 miles)
  • Lum Head Primary School (0.7 miles)
  • Manchester Young Lives (1.1 miles)
  • Cheadle Hospital School (1.3 miles)
  • Cheadle and Marple Sixth Form College (1.5 miles)
  • The Kingsway School (0.5 miles)
  • Inscape House School (1.2 miles)
  • Ashcroft School (1.2 miles)
Note: Distances are straight line measurements

Local info for Stockport

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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