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Retail premises for sale

£29,995

Bury BL9, UK

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Property description

Ref 5868 – Leasehold Sandwich Bar
Blacks Brokers are proud to bring to the market this leasehold sandwich bar located in a very busy and popular area of Bury, Greater Manchester.


Introduction


Bridge Street Butties has been trading on Bridge Street in Bury since July of 2016, the business was previously trading under a different name and has been in place since 2008. Our client has been in ownership since 2013. The shop offers an array of hot and cold sandwiches, snacks and drinks for breakfast and lunch.


Location


Situated on a busy main road in Bury, this area is densely populated both residentially and commercially. The immediate area is mainly commercial, with many local industrial units and businesses. A large housing estate is within a few minutes walk and Bury town centre is close by. The area is well linked by the M66 and M60 and parking is available directly outside the shop.


Reason for sale


Bridge Street Butties is only being offered for sale due to our client’s ill health and family commitments.


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 6 years with rent reviews every 3 years. The current lease began in 2016 at a cost of £3,960 per annum.


Building layout and design


Bridge Street Butties is housed within the ground floor of an end-terrace retail unit in an industrial area of Bury. The unit is single fronted with glazed frontage in place and bold signage and branding on display. Inside, the main servery and waiting area is very well presented with seating available for 10 and clean, modern décor. The counter is behind display fridges with a selection of food on show and stainless-steel preparation area. To the rear is a further preparation kitchen with oven and hob, panini maker and other good quality equipment.All areas are presented well and are well-equipped with good quality fixtures and fittings in place.


Staff


Bridge Street Butties is currently operating with two part-time members of staff in place along with our client working on a full-time basis.


Financial details


Financial details are available upon a viewing of the business and Bridge Street Butties has traded solidly over its trading history. The business generates an annual turnover of £56,000 with gross profits of £34,000. There are zero rates payable. Many customers are from the immediate area, with plenty of repeat trade from workers in the area and locals. Additional trade is often from passers-by, delivery drivers and so on.


Summary


This leasehold business offers a new owner a superb opportunity to acquire a well-known and well-liked business is a superb trading location in Bury. There is much scope for expansion into deliveries and online advertising and ordering which would be of benefit to this business, catering for local businesses is also in demand in this area, but not yet explored due to a lack of man-power. This proposition would ideally suit an owner operating team looking for a well-established business with much scope for development. Early viewings are very strongly advised. Business: £29,995.

Please quote ref: 5868

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Nearby transport

  • Castleton (Manchester) (4.4 miles)
  • Bromley Cross (Lancs) (5.2 miles)
  • Hall-i'-th'-Wood (5.3 miles)
  • Manchester International Airport (17.0 miles)
  • Liverpool John Lennon Airport (29.6 miles)
  • Leeds Bradford International Airport (31.5 miles)
  • Liverpool Belfast Ferry Terminal Bootle (31.5 miles)
  • Liverpool Pier Head Ferry Terminal (32.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (32.2 miles)

Nearby schools

View all schools in Bury
  • St Paul's Church of England Primary School, Bury (0.2 miles)
  • St Joseph and St Bede RC Primary School (0.4 miles)
  • St John with St Mark CofE Primary School (0.5 miles)
  • Bury College (0.8 miles)
  • Holy Cross College (1.1 miles)
  • Pennine House School (1.2 miles)
  • Cambian Chesham House School (0.4 miles)
  • Broad Oak Sports College (0.6 miles)
  • Bury Grammar School Boys (0.9 miles)
Note: Distances are straight line measurements

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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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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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