Retail premises for sale

Ashton-Under-Lyne, England, United Kingdom OL6

Business
Please quote reference B08445

Discover an incredible opportunity to own Yummy Portugal, Cogogo presents a thriving greengrocer and coffee shop with an additional bar and bakery potential, located in a bustling area of Ashton-under-Lyne, Oldham. This unique, multi-level business is positioned in a high-footfall area, attracting both locals and passersby.

About the Business

• Ground Floor: A well-stocked greengrocer offering fresh produce.
• First Floor: A vibrant coffee shop and bar, already earning stellar reviews and a strong social media presence.
• Basement: Fully renovated and ready for expansion, with plans for a bakery in place.
• Second Floor: A three-room space needing some work, offering further expansion opportunities (e.g., additional seating or event space).

Selling Points

• Newly Renovated: The property has been meticulously upgraded, making it a turnkey opportunity for the next owner.
• Low Rent: At just £1,211 pcm, the lease is exceptionally affordable for this prime location.
• High Footfall & Reviews: Situated in a busy area with excellent visibility, the business enjoys a loyal customer base and glowing online reviews.

Assets Included Fridges, shelving, tables, chairs, a coffee machine, a counter, and a till—everything you need to hit the ground running.

Growth Opportunities

Extended Trading Hours: Open earlier or stay open later to capture additional customers.

Advertising Push: Leverage Instagram and local advertising to attract even more clientele.

Bakery Launch: Utilise the renovated basement space to introduce a bakery, adding another revenue stream.

Second-Floor Development: Transform the upper level into rentable rooms or additional seating.

Event Hosting: Use the coffee shop and bar for small events or private bookings.

The current owner is pursuing another opportunity, making this an ideal time for a motivated buyer to take over and grow the business further. Whether you’re a seasoned entrepreneur or a family looking for a ready-to-go venture, Yummy Portugal offers excellent value and potential for significant growth.

Don’t miss out—contact us today to schedule a viewing!

Location
Yummy Portugal is located at 157 Stamford Street Central, Ashton-under-Lyne OL6 6XW.

Premises
Yummy Portugal occupies a single-fronted premises adorned with eye-catching signage that draws attention to its thriving storefront. Inside, neatly arranged display stands and shelves showcase a curated selection of goods, while a welcoming service area ensures a seamless customer experience.

Tenure
This opportunity is being sold on a Leasehold basis with 4.5 years remaining on a 5-year lease.

The current rent is £1,211 per month

Hours
The current trading hours are:

Monday - 8:00 am to 9:00 pm

Tuesday - 10:00 am to 9:00 pm

Wednesday to Friday - 8:00 am to 9:00 pm

Saturday - 9:00 am to 9:00 pm

Sunday - 9:00 am to 7:00 pm

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

Financial Profile
This business generated a turnover of £250,000. Full financials can be made available upon further request.