Description

Reference - 46977DescriptionThis is an exciting opportunity to acquire an established and well known Caribbean café/take away which is situated in the popular Old Trafford district of Greater Manchester.M & M Caribbean Spice is ideally positioned at the heart of a densely populated residential area with no direct competition, ensuring the business attracts high levels of regular repeat and passing trade throughout the day.Having been in present ownership for many years, this successful business has forged strong relationships with the community and therefore boasts an extensive and loyal customer base.M & M Caribbean Spice enjoys excellent online and TripAdvisor reviews, whilst also enjoying frequent recommendations.The business operates from a single fronted mid terraced premise providing deceptively spacious and versatile ground floor business accommodation, which is well presented with tasteful décor and quality furniture.M & M Caribbean Spice is a lucrative business, yet only operates 5 days per week only and offers fabulous scope for future growth. The business therefore represents a terrific investment for an ambitious and enthusiastic hands on operative who can continue to drive the business forward extending the opening times and introduce a local delivery service which will significantly increase the weekly sales, whilst ultimately enhancing the overall profitability of the business.Only now being offered for sale due to retirement, a viewing is highly recommended to avoid disappointment.SalesCurrently weekly shop sales average £1,200 - £1,500 approximately.AccountsCurrent records and accounts can be inspected when viewing.Trading HoursClosed Monday & TuesdayWednesday – Friday 12:00 – 22:00Saturday 13:00 – 22:00Sunday 13:00 – 20:00StaffThe business is managed by the owners with 1 full time member of staff.Building ExternalThe single fronted mid terraced property offers deceptively spacious ground floor lock up business accommodation and self contained first floor living quarters.Building InternalThe delightful 20 cover ground floor dining area is light and airy, creating a warm, welcoming environment. The dining area is welly presented with tasteful décor and quality furniture and furnishings.To the rear of the property there is a good size commercial kitchen with an extensive range of valuable catering equipment, store and a toilet. There is a basement providing additional storage.Residential AccommodationThe residential accommodation is currently vacant. The accommodation is accessed via a separate side entrance leading to the first floor and briefly comprises of: A living room, a modern fitted kitchen, 2 double bedrooms and a family bathroom.We understand the vendors have been advised by a local estate agent that they could achieve a rental of £700 per calendar month should they look to rent out the first floor accommodation.TenureWe are advised that the property is freehold.We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.SummaryThis is an excellent opportunity to purchase a well known and successful business with an exciting future. Only now being offered for sale due to retirement, a viewing is highly recommended.