Menu

Whitegate Lane, Chadderton, Oldham

For Sale • £ Enquire • Property

Property Description

LOCATION
OL9 8RP

DESCRIPTION
Long stablished and well regarded business opportunity for sale. Trading for approximately 30 years in total and under the current owners for approximately 4 years is this profitable sandwich/café business with all items of the inventory included within the sale and a healthy profit margin of between 65 and 68%. This is a great opportunity to acquire a good business at a very realistic price. The last 3 years accounts are available for private inspection subject to strict confidentiality. A handover period of up to a period of one month will be optional to ease the takeover process. The current lease for the property has approximately 3 years remaining and the current rent is £495 pcm with an additional contribution to the landlord insurance costs. The current opening hours are 7.30 am to 2pm Monday to Friday and 8.00 am to 1pm on Saturday. The hours could be extended but are limited to 5pm opening. The business also benefits from the installation of a new coffee machine.

ACCOMMODATION
GROUND
Retail zone A 26.25 sq m
Retail zone B 8.84 sq m
Retail zone C 19.27 sq m
Internal Storage 0.76 sq m
Internal Storage 7.22 sq m

OUTGOINGS
Through enquiries with the Valuation Office Agency website it is noted that the property attracts a Rateable Value in the 2017 Ratings List of £4,150. Please note the Rateable Value is not what you pay.

LEGAL COSTS
If sold, each party are to bear their own legal costs incurred in connection with the transaction.

VIEWING
Strictly by appointment with the agent Kirkham Property, 509 Middleton Road, Chadderton, Oldham, OL9 9SH. Please call 0161 925 3759 or email kath@kirkham-property.co.uk

Details

  • Property
  • Oldham
  • £ Enquire 
  • For Sale

Location

Agent

  • Kirkham Property Chadderton logo
    Kirkham Property Chadderton
    509 Middleton Road
    Chadderton
    Oldham OL9 9SH
    0161 626 5688

Advertisement