Business for sale

Business description

We are informed the turnover averages £2,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION (£1,500 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Layby in front of parade. No parking problems

DOUBLE FRONTED SHOP with ceramic tiled floor, suspended ceiling with concealed lighting. 2 tables plus 4 chairs. Breakfast bar with 4 high chairs. Hot pie display cabinet, 2 additional display counters, 1 cool display counter, electronic cash register, bread slicer, jacket potato oven, upright double door drinks fridge etc.

Large Bakery at rear, fully equipped including 5-deck bakers oven, 2 mixers, 1 BDM, 3 stainless steel counter fridges with worktop, large fridge, electronic scales, 2 bread slicers, 3 chest deep freezes, 2 upright deep freezes, double sink and drainer, wash hand basin etc.

Staff cloakroom with w.c. and wash hand basin


Staff: The business is at present operated by a lady vendor with the assistance of 1 full time baker plus 3 part time in the shop area.


Opening Hours: Retail Bakery/Sandwich Bar
Monday - Friday inclusive 7 a.m. - 4 p.m.
Saturday opening - 7 a.m. - 2 p.m.
NO SUNDAY TRADING


Accommodation The accommodation in the form of a SELF CONTAINED FLAT over with full GAS FIRED CENTRAL HEATING comprises:

1 Double Bedroom
Living Room or 2nd bedroom
Bathroom with bath, w.c. and wash hand basin
Kitchen

It should be noted at the present time 2 of the rooms are let and the Bakery Section when not required for the business is utilized by another baker providing we understand a total rental income at the present time of £340 p.w.


Tenure We understand the premises are held on a secure renewable lease having approximately 17 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,120 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8264