Status: Completed
Tenure: Leasehold
Leasehold Rent: £700 per month
Turnover: £62,500
Fully Refitted Coffee Shop With Catering ServiceFully Refitted Coffee Shop With Catering ServiceFully Refitted Coffee Shop With Catering ServiceFully Refitted Coffee Shop With Catering ServiceFully Refitted Coffee Shop With Catering ServiceFully Refitted Coffee Shop With Catering Service
£15,000 + SAV

Fully Refitted Coffee Shop With Catering Service

Completed
  • Reference: 12615 D
  • Location: Atherton, Greater Manchester
Hilton Smythe welcomes to the market Gorrello's Coffee House. The business was originally established in 2015; when the coffee shop was completely refurbished. Our client has spent a substantial amount of money on this premise but is now looking to sell due to other interests.

The business runs as a popular town centre coffee shop. The shop serves hot breakfast, sandwiches, paninis, specials, hot and cold meals, soup of day, delicious homemade cakes and sweets. They offer all of their products to eat in or take away.

This is a wonderful coffee shop that has been converted into a friendly high quality place to enjoy delicious food and drink. This is a new café that has had a lot of money spent on it in the last year, affecting the turnover. The current turnover for the business is around £62,500 per annum. This is a healthy turnover that should increase throughout the year.

In such a short time the business has built up an enviable reputation within this location. The business attracts much repeat custom from local shop owners and is the hub of the community with much repeat trade from the local residents. The business has developed some excellent reviews on TripAdvisor which is great for the reputation of the business.

The coffee shop also has a website where they have a menu and photos of the foods available. They also advertise special offers and promote their catering service. The catering service is a reasonable price, there is also an option for celebration cakes. These are great extras that complement the business well.

This is an exceptional business that would be perfect for a purchaser looking for a first time purchase. The premise received a full refit so all fixtures, fittings and equipment are relatively new. This is a fantastic opportunity that is not to be missed, Hilton Smythe highly advise early viewing to avoid disappointment.

TENURE

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

Original lease length: 6 years
Remaining lease length: 5 years as of October 2016.
Rent: £700 per month

HOURS

The business opening hours-

Monday - Saturday: 9:30am - 2:30pm
Sunday: Closed

But has a scope to increase the hours.

STAFF

The business is run and managed by our clients with the help of 3 members of staff.

FINANCIAL PROFILE

The business generates a turnover in the region of £62,500 per annum.
Gorrello's Coffee House is located in Atherton, Wigan, Greater Manchester.

The coffee shop is set on the Main Street through the town. This area benefits from huge amounts of footfall. There is ample car parking in the area and a plethora of retail outlets. This is a main location for a successful business. The business sees a high amount of custom from passing trade. The area also has a large amount of residential housing and local schools in the area; from which the business sees a generous amount of trade.

Located on the main bus route, there are several bus stops within a short walking distance of the property. Atherton train station is also approximately just a 15 minute walk away. Atherton is a 25 minute drive from the town centre of Wigan, Bolton is also just a short 20 minute drive away.
Gorrello's Coffee House is situated in the centre of a retail parade of stores. This is a well signed property that looks highly presentable.

Door leading to large open plan dining area with large glass serving counter with displays of sandwich fillings and homemade cakes. The business has completely been refurbished to a high standard with good decoration with tiled floors; lovely décor on walls with spotlights in the ceiling. The café is complete with wooden tables and chairs for approximately 40 covers.

The counter is a great size. There is a specialist bean to coffee machine with a huge amount of speciality coffees and syrups. Till machine, under counter storage, hand wash sink and a panini maker.

Door leading through to further seating area to relax with a coffee with a further 8 covers. Door leading to communal disabled WC with hand wash sink.

Through to the rear of the property is a full working kitchen with the following equipment-
Stainless steel sink
Hand wash sink
Dishwasher
Two, 6 ring Toaster
Two microwaves
Wall and base units for storage
Fat fryer
Commercial fridge and freezer
Chest freezer
Baine Marie
Electric oven and hob
Commercial griddle
Extractor fan
Meat slicer
Slow cooker
Blender
Smoothie maker

Door leading to rear back communal space

On the first floor are 2 further rooms which are currently used as storage and will need modernising. However, there is potential for further seating area or could be privately sublet.

The property is alarmed with CCTV inside and outside of the business. Roller shutter doors to front.