Cafe for sale

Abbey Hills Road, Oldham, Greater Manchester, OL4

£239,995

Property Description

Full description

LONG ESTABLISHED TOWN BAKERY - GREATER MANCHESTER
Scope to convert first floor into living/letting accommodation
Genuine reason for sale due to retirement
Situated in the desirable town of Oldham
Advised annual turnover of £100,000
Ideal partnership opportunity
Scope for further advertising
Walk in condition
FREEHOLD

Location
The business is situated in the large town of Oldham which is in Greater Manchester, England. It lies 5.3 miles south-southeast of Rochdale and 6.9 miles northeast of the city of Manchester. The business is positioned on a busy main road, surrounded by a wealth of complementary businesses, residential properties and travel facilities which are all beneficial to the business as it creates massive opportunity for passing trade. Oldham is easily reached through the A60 leading to the A62 allowing easy access.

Business History
Meridian Business Sales are more than happy to offer this superb bakery to the market which our clients are offering for sale due to their desire to take a well deserved retirement.

The business was established 60+ years ago; however our clients took ownership in 1978 and ever since has given their all to make the business a success. They have devoted their upmost dedication into the business allowing it to gain a fantastic reputation. They have invested a large amount of time and money supplying the premise with excellent modern décor along with ensuring they have all of the necessary fixtures and fittings and equipment.

The business provides a range of freshly prepared baked goods to each customer, ensuring they're to the highest standard to meet each need.

Our client informs us that annual turnover currently runs at £100,000 with a respectable gross profit margin.

There is massive scope to convert the first floor into living/letting accommodation as it's currently used as a storage area.

The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this nature rarely stay on the market for long.

Financial Profile
Turnover: £100,000pa
Stock Approximately: £500

Tenure
We are advised freehold

Opening hours
Monday - Friday

Accommodation
Imposing parade positioned property, glass fronted with eye catching signage, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Well presented shop/display area
Serving/payment counter
Counter displays
Cash register
Various displays throughout
Display fridges
Shelving units

REAR
Preparation room/fully fitted kitchen
Blocking machines
Mixers
Stainless steel work tops

FIRST FLOOR
2x stock rooms
Freezer room
5x upright freezers
Bathroom

EXTERNAL
Rear yard
Fully refurbished separate bakery
2x mixing machines
2x door dividers
Bread moulding machines





Nearest stations

  • Oldham Mumps (0.9 mi)
  • Derker (1.4 mi)
  • Oldham Werneth (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Oldham Mumps (0.9 mi)
  • Derker (1.4 mi)
  • Oldham Werneth (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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