- Business ID:3054
- Price: £120,000+SAV
- Annual Turnover: £520,000
- Business Category: Bars & Restaurants
- Location: Greater Manchester
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: B
Sovereign Business Transfer is delighted to present a well-established licensed café and bar for sale, situated in the vibrant heart of West Didsbury. West Didsbury is a sought-after suburban area of Manchester, located on the north bank of the River Mersey, just four miles south of Manchester city centre. With a population exceeding 26,000 as of the 2011 Census, Burton Road, where the café is located, is a bustling street featuring independent bars, shops, and restaurants. The suburb prides itself on its independent spirit and community focus, having successfully kept major chains off Burton Road. The well-maintained streets regularly host festivals like West Fest, making West Didsbury one of the most desirable living areas in Greater Manchester. Additionally, Didsbury offers easy access to the city centre via one of the busiest bus routes in the country, with ample Metro link, Park & Ride, and train stations nearby.
This business has been under the meticulous care of our client for over five years, during which significant investment has been made in maintaining the premises. The café offers specialty coffees and a variety of home-cooked foods in a friendly, vibrant, and trendy atmosphere that appeals to the professional clientele of West Didsbury.
The business is managed by the owners with the support of ten part-time staff. The property is a spacious, split-storey, end-terrace building featuring an open-plan seating and service area, ample customer seating, a bar, and a kitchen on the ground floor. The first floor houses the WC, storage, and office space. There is ample street parking available nearby, both in front and to the side of the property, as well as within the local pay and display community car parks.
Currently, the business generates weekly sales exceeding £10,000. Trading accounts can be requested after a successful viewing appointment arranged through our office. The trading hours are as follows: Tuesday from 10:00 to 16:00, Wednesday and Thursday from 10:00 to 24:00, Friday and Saturday from 10:00 to 12:30, and Sunday from 10:00 to 16:00. The business is closed on Monday.
The VOA lists the rateable value at £16,500 per annum for the total premises area of approximately 138m2. Our clients advise that under Small Business Rate Relief, the amount payable is currently £2,060 per annum.
The seating and service area accommodates 36 covers inside and has an alfresco area for an additional 8 covers. The premises feature a centrally located licensed bar and a fully equipped catering kitchen at the rear. The first floor includes a customer WC, storage, and office space, along with a fully operational cellar equipped with an ice machine, Coke post-mix machine, and additional storage. The kitchen has been recently refurbished and is well equipped with valuable inventory.
The business is available on a leasehold basis, with the current lease set to expire in 2028 and an annual headline rent of £29,550. However, we understand that the lease is renewable.
In summary, this represents a fantastic opportunity to acquire a fully licensed café and bistro located in the highly sought-after area of West Didsbury. The business offers a turnkey trading opportunity and superb potential for an experienced caterer to elevate the concern to the next level, with ample scope for business expansion.
- Average Weekly Sales Circa £10,000.00
- 70% Wet Sales | 30% Dry Sales
- Well Presented Business with a Contemporary Interior & Relaxed Atmosphere & Much Loved Music Venue
- Seating Available for 36, plus Alfresco Seating for 8
- Close to Metro Link, Offices, within an Affluent Residential Area close to a Large Hospital
- Ample Free Parking to the Front & Side of the Premises
- Early Viewing Essential to Avoid Disappointment
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ENQUIRE ABOUT THIS BUSINESS
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