Back to Business List

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Situated in a parade, excellent High Street trading position, SURREY. (Please register to make appointments and view addresses)

Spacious double fronted RETAIL BAKERY/SANDWICH BAR, air conditioned and with ceramic tiled floor, Berner display shop fitting, cool display serve-over counter, additional display counters, 2 computerised cash registers, 3 tables, 8 chairs, new stainless steel preparation counter fridge, bread display racking, automatic hot drinks machine, bread cutter, fan-assisted oven, small panini machine, microwave oven, open cool display unit (for soft drinks).

Rear section, 2 chest deep freezes, upright larder fridge, 2 stainless steel tables, single sink and drainer, etc.

Staff cloakroom with w.c. and wash hand basin.

Large yard at rear providing parking space for 5/6 cars.

WE ARE INFORMED the turnover averages £2,000 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

The business is at present operated by the vendor with the assistance of his wife 1 day per week plus 2 part time staff weekdays and 3 Saturday staff. Wages paid in the region of £300 p.w.

Monday/Saturday incl. 7 a.m. - 4 p.m.
NO SUNDAY TRADING.

The spacious living accommodation, in the form of a self contained MAISONETTE OVER, double glazed and with full gas fired central heating, is at present sublet on shorthold tenancies and provides a rental income of £15,000 p.a. The accommodation comprises:

5 Double Bedrooms.
Bathroom with bath, w.c. and wash hand basin.
Kitchen.

Large yard at rear, providing parking space for 5/6 cars.

WE UNDERSTAND the entire premises are held on a secure renewable lease for a period of 15 years from September, 2007 at a rental of £29,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter after the following 5 years. (As will be appreciated with the current rental income from the Maisonette over of £15,000 p.a. the net rental payable at the present time is only £14,000 p.a. exclusive of rates).

Uniform Business Rates: £10,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £77,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT