Shop for sale

Butty BarOldham Road,Ashton-Under-Lyne,OL7

38 sq. m. | £20,000

Property Description

Commercial information

  • Business for sale
  • 414 sq ft (38 sq m)

Key features

  • REF: 2796
  • LEASEHOLD
  • SANDWICH SHOP

Full description

LOCATION
Butty Bar is located in a prominent trading position within Ashton Under Lyne, Greater Manchester.

This is the ideal location for a popular sandwich bar. Oldham Road (A627) is a busy main A road that connects Oldham town centre and Ashton Under Lyne. With this road being a main connection in the area there is always a massive amount of footfall.

Ashton Under Lyne is close by to all major towns in the area such as Manchester City Centre, which is approximately 7 miles from the property. The business benefits from a generous amount of public transport, with a train station, and several bus stops all just a short walk away.

BUSINESS
Hilton Smythe is delighted to introduce to the market Butty Bar. Our clients took over the sandwich bar 4 years ago, we are advised the business has been a success with many loyal customers and fantastic word of mouth recommendations.

Our clients are now looking to sell the business due to other job commitments. Butty Bar is a thriving sandwich shop and café, the business is well supported in the area; and benefits highly from a stream of passing trade.

The business currently offers 10 local deliveries a week, this could be increased to boost revenue. They also offer outside catering buffets and we are advised they do around 2 a month. The property is a great size and could easily cater for more services.

They offer a take out and eat in service which is very popular. There are 9 internal covers and 2 outside tables with a further 2 chairs. The business has a great menu with hot and cold food such as curries, full breakfasts, baked potatoes and both hot and cold sandwiches.

The business currently generates an advised turnover of around £60,500 per annum. We believe this could be massively increased if the new buyer would be willing to work full time. The current owners have a manager running the business, this creates a large wage bill each year.

Another way in which the new owner could increase turnover would be to develop the delivery and outside catering side of the business. With a small advertising and marketing campaign, we believe this business could be a greater success.

The flat above the store generates £350 per month. The over heads for the property are very low and with a rent of only £550 per month the business can be very profitable with a great gross profit figure.

This is a fantastic opportunity for a new hard working owner, to run an already successful business. We highly advise early viewing to avoid missing out on this ready to run business. We are advised by our client that all serious offers will be considered.

PREMISES
This single storey property with holds a fantastic sized premise on a busy main road. The front of the store is well signed with bright modern signage.

Inside the sandwich shop are 3 breakfast bars either side providing 9 seats with an additional 2 tables used for outside seating. On display are several menus promoting offers and all products on offer.

There is a refrigerated serve over counter which separates the kitchen and café area. This allows for an open bright clean café. The kitchen is a fantastic size, very clean with stainless steel walls all around the main cooking area. All the equipment is well laid out

Equipment-

Large griddle
2x Commercial toasters
Chip fryer
Pie warmer
Electric till
3x Stainless steel preparation tables
5x gall tea urns
Large extractor fan

To the back of the kitchen is a preparation area which is used as storage. There is a stainless steel sink, fridge, freezer, chest freezer, preparation table, 4 ring electric oven, microwave and store cupboard.

On the first floor is a flat, this is currently sub-let out. The flat is a spacious 1 bedroomed flat. There is an entrance at the front of the property. In the flat is a lounge, kitchen bathroom and bedroom.

At the front of the property is free parking in a lay by.
TENURE
We are advised the business is leasehold

Original lease length 6 years
Remaining lease length 3 years
Review 3 years
Rent £550 per month this cost includes the one bedroomed flat.

HOURS
The business opens:-

Monday-Friday: 7am - 2pm
Saturday: 8am - 12pm
Sunday: Closed

STAFF
The business is managed by a team with 2 part time and 1 full time members of staff. We are advised the current wage bill is £350-£400 per week.

FINANCIAL PROFILE
The business reports a turnover of £60,500 per annum.
Current rental income for the flat above the store is £350 per month.


Nearest stations

  • Ashton-under-Lyne (0.3 mi)
  • Guide Bridge (1.4 mi)
  • Stalybridge (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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

  • Ashton-under-Lyne (0.3 mi)
  • Guide Bridge (1.4 mi)
  • Stalybridge (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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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