Spacious well established RETAIL BAKERY & SANDWICH BAR.
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
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WE ARE INFORMED the turnover averages £2,400/£2,600 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
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.
Staff
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 £350 p.w.
Opening
Hours
Monday/Saturday incl. 7 a.m. - 4 p.m.
NO SUNDAY TRADING.
Accommodation
The spacious living accommodation, in the form of a self contained MAISONETTE OVER, double glazed and with full gas fired central heating, has potential to sublet, to provide a rental income of approx. £14,600 p.a. on a shorthold tenancy, if required. The accommodation comprises:
5 Double Bedrooms.
Bathroom with bath, w.c. and wash hand basin.
Kitchen.
Outside
Large yard at rear, providing parking space for 5/6 cars.
Tenure
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 £14,600 p.a. the net rental payable at the present time is only £14,400 p.a. exclusive of rates).
