Archived
Highly rated cafe and coffee shop for sale
Bolton, Lancashire
- Asking Price: £39,995 +SAV
-
Turnover:
Further financial information can be made available upon request.
- Tenure: Leasehold
Please quote reference B07343
Hilton Smythe are delighted to welcome to the market Nellie’s, a highly rated cafe and coffee shop in Horwich, Bolton.
Nellie's was first established by our client in 2021, building up an excellent reputation and repeat client base. As seen by the fantastic online reviews, the business is extremely popular within the local community.
The business has now come to the open market due to health issues.
Nellies are a coffee shop/cafe that offers great food, great coffee and a warm welcoming enviroment and are proud to provide Lavazza Coffee. They also offfer outside catering for all events like Funerals, Christening’s, Birthday, Wedding, Baby Showers. They provide a quality friendly service, at a reasonable cost, we will work to your Budget and Requirements.
Nellies is also a dog friendly establishment and also displays menus in the pub next door.
Key selling points -
- Excellent location
- Outstanding reputation
- Newly renovated
- Low overheads
- Huge scope for expansion
- Would suit a partnership or family run business
- Increase marketing
- Increase outside catering
- Expand deliveries
We are advised that the business has 4 part-time members of staff, with our client only working on Saturday's.
The current trading hours are -
Monday – 09:00 – 15:00
Tuesday – 09:00 – 15:00
Wednesday – 09:00 – 15:00
Thursday - 09.00 – 15:00
Friday – 09:00 – 15:00
Saturday – 09:00 – 14:00
Sunday - Closed
Nellie’s is located on Church Street, in Horwich, Bolton.
The business has eye catching signage and receives high levels of footfall.
Ground floor -
- Seating area for 50 covers
- Bespoke decor and lighting
- External garden area
- Service area
Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to negotiate a new fixed lease. The current rent is £400 per calendar month.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
