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Property Listing Details

Property details

Features

  • Freehold
  • Well known and long established Caribbean restaurant/take away
  • Wt £1,600 (5 days only) fantastic potential, excellent reputation
  • Densely populated residential area, welcoming 20 cover dining area
  • Well presented, spacious self contained 2 bedroom accommodation, retirement sale

Listing view statistics

Last 30 days: 41 page views

Since listed: 372 page views

Description

Reference - 46977

Description
This is an exciting opportunity to acquire an established and well known Caribbean café/take away which is situated in the popular Old Trafford district of Greater Manchester.

M & M Caribbean Spice is ideally positioned at the heart of a densely populated residential area with no direct competition, ensuring the business attracts high levels of regular repeat and passing trade throughout the day.

Having been in present ownership for many years, this successful business has forged strong relationships with the community and therefore boasts an extensive and loyal customer base.
M & M Caribbean Spice enjoys excellent online and TripAdvisor reviews, whilst also enjoying frequent recommendations.

The business operates from a single fronted mid terraced premise providing deceptively spacious and versatile ground floor business accommodation, which is well presented with tasteful décor and quality furniture.

M & M Caribbean Spice is a lucrative business, yet only operates 5 days per week only and offers fabulous scope for future growth. The business therefore represents a terrific investment for an ambitious and enthusiastic hands on operative who can continue to drive the business forward extending the opening times and introduce a local delivery service which will significantly increase the weekly sales, whilst ultimately enhancing the overall profitability of the business.

Only now being offered for sale due to retirement, a viewing is highly recommended to avoid disappointment.

Sales
Currently weekly shop sales average £1,200 - £1,500 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Closed Monday & Tuesday
Wednesday – Friday 12:00 – 22:00
Saturday 13:00 – 22:00
Sunday 13:00 – 20:00

Staff
The business is managed by the owners with 1 full time member of staff.

Building External
The single fronted mid terraced property offers deceptively spacious ground floor lock up business accommodation and self contained first floor living quarters.

Building Internal
The delightful 20 cover ground floor dining area is light and airy, creating a warm, welcoming environment. The dining area is welly presented with tasteful décor and quality furniture and furnishings.

To the rear of the property there is a good size commercial kitchen with an extensive range of valuable catering equipment, store and a toilet. There is a basement providing additional storage.

Residential Accommodation
The residential accommodation is currently vacant. The accommodation is accessed via a separate side entrance leading to the first floor and briefly comprises of: A living room, a modern fitted kitchen, 2 double bedrooms and a family bathroom.

We understand the vendors have been advised by a local estate agent that they could achieve a rental of £700 per calendar month should they look to rent out the first floor accommodation.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to purchase a well known and successful business with an exciting future. Only now being offered for sale due to retirement, a viewing is highly recommended.

Map & Nearby

Local Amenities

  • Deansgate 1.1 miles
  • Manchester United Football Ground 1.2 miles
  • Afifah School 0.1 miles
  • St Alphonsus RC Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Deansgate 1.1 miles
  • Manchester United Football Ground 1.2 miles
  • Afifah School 0.1 miles
  • St Alphonsus RC Primary School 0.2 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.