Cake and Patisserie Shop in Hampshire For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Hants.

Turnover £ 2,000
Price £60,000

Features

Cakes & Pastries Retail Shop

6 DAYS OPENING
5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 715 ft² with vinyl floor, suspended ceiling with spot lights, cool display counter with refrigerated storage section, EPOS till. Tables and chairs providing seating for 4 People.

Open plan kitchen area with Two large Commercial display fridges, Proofer fridge large in commercial type, Commercial Coffee machine with two taps large commercial professional dough sheeter machine, Large freezer, small freezer, 2x commercial frigates, dough machine, live coffee grinder, Large display toughened glass case, storage steel racks, 2 x Large work counter table steel, Centre work top table..

Separate cake making room with work top.
Two storage rooms
Staff break room and toilet.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the 1 of the partners with the assistance of 4 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 10am - 5pm

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £13,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote