Cafe for sale

Gorton Road, Stockport, Cheshire, SK5

137 sq. m. | £54,990

Property Description

Commercial information

  • Business for sale
  • 1,474 sq ft (137 sq m)

Key features

  • REF: 13268
  • LEASEHOLD
  • COFFEE SHOP

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Sykes Coffee Bar. This business was first established in 2011 and was taken over by our client in 2012. The owner is now looking to sell the business, due to the desire to focus on other interests.

This is a popular coffee shop in a great trading location. The shop offers an excellent variety of high quality coffees, milkshakes and quick snacks. Fayre includes paninis, sandwiches, soups, breakfasts, homemade cakes and ice creams. This is a popular menu that receives a generous amount of repeat loyal trade.

The business is generating an advised turnover of around £78,000 as of the 2015 accounts, with a gross profit of 65%. This is a healthy turnover; however, we feel this could be increased. The new owner could consider offering an outside catering business. This could be a great asset to the business.

Sykes could be advertised more by introducing a business website, this could be beneficial to promote the outside catering service. Social media is also a great cost effective way of advertising a business. A Facebook page could highly benefit the coffee shop.

Over the years the business has gained an excellent reputation within the area, this shows on TripAdvisor. There are some excellent reviews on the site from some very happy customers.

This is a fantastic opportunity that is not to be missed. Our client would be willing to offer a hand over period to the purchaser, to allow for a smooth transaction period. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


LOCATION
Sykes Coffee Bar is located in Stockport, Greater Manchester.

The business is located on a corner of a very busy main road. This allows for fantastic street exposure. There are a variety of retail outlets in this area, such as a laundrette, restaurant, café, takeaway, clothing store, pet shop and much more. This is a prime trading location, that benefits from high footfall and passing trade. The area also has great parking facilities.

Stockport is a busy town on the outskirts of Greater Manchester. The town has a bustling centre with several pubs and clubs, boasting a great nightlife. Sykes Coffee Bar is just a short 10-minute drive away from the centre of Stockport.

The business is set within a great location that benefits from excellent road connections and public transport. The M60 motorway, A57 and the A6 surround the town. This is great for those commuting into the centre of Manchester. The centre of Manchester is just a short train journey; the closest train station is a 3-minute walk away.

PREMISES
Sykes Coffee Bar is a well-presented corner premises. The property is well-signed, this runs across the front of the shop and down the side. There are large windows around the property, this allows for a bright interior. Overhead canopies allow for additional covers in the warmer summer months.

The café is a modern well-equipped open plan space. The shop has 46 covers, a mixture of sofas and chairs. There is a bespoke service counter with two glass serve over chillers and a glass ice cream counter. Behind the counter is the coffee preparation counter, this has a coffee machine and product displays. Above the counter is a large menu board.

Through to the rear of the property is the kitchen. This is a medium sized commercial kitchen that comes fully equipped.

Kitchen equipment includes: -
3 Microwaves
2 Chest Freezers
2 Small Fridges
Free Standing oven
Small conventional oven
Sandwich Press
Toaster
Deluxe coffee machine
Blender
Range of plates and cutlery
Hotplate

There is a substantial basement that runs under the property. This is accessible from the kitchen. Although it has very little head space it is extremely large and perfect for additional storage or for preparation. Previously the vendor had used it to make cakes for the coffee shop. This space could be used for many other uses.

The property is fitted with electronic roller shutters and an alarm system.

TENURE
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 6 years
Remaining lease length: 2 years as of 2016.
Rent: £8,832 per annum

HOURS
The business opening hours: -

Monday: Closed
Tuesday - Saturday: 8:00am - 4:00pm
Sunday: 10:00am - 2:00pm

STAFF
The business is run and managed by our clients, with the help of three-part time members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of £78,000 as of the 2015 accounts.
Gross profit 65%



Nearest stations

  • Reddish South (0.3 mi)
  • Reddish North (0.7 mi)
  • Brinnington (1.1 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

  • Reddish South (0.3 mi)
  • Reddish North (0.7 mi)
  • Brinnington (1.1 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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