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Reference R9958
Turnover £ 4,000
Price
£97,500
Features
Superbly Equipped Bespoke Celebration & Wedding Cakes Business
Front area with 2 tables & 4 chairs under a Licence Agreement payable
SPACIOUS DOUBLE FRONTED PREMISES 860 sq. ft. with double doors. Ceramic tiled ceiling, suspended spotlight. Tables & chairs plus window section with 3 high chairs - total seating 14.
Customers' cloakroom with w.c. & wash hand basin
LARGE LEVEL KITCHEN with woodstrip floor, spotlights. Well equipped including 2 fan assisted ovens, 1 single door deep freezer, 1 double door stainless steel fridge, 1 Buffalo induction hob, 1 Buffalo mixer, 2 Nespresso coffee machine, heavy duty Kitchen Aide mixer, single sink & drainer, dishwasher.
Storeroom
Staff cloakroom with w.c. & wash hand basin
Turnover
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the gross profit is in the region of 65%.
Staff
The business is at present operated by a lady vendor with the assistance of 2 part time staff.
Trading Hours
Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING
Outside
Parking at rear for 2 cars
Tenure
We understand the premises are held on a 10 years lease from September, 2017 at a rent of £40,000 p.a. plus VAT with reviews every 5 years (next review 2022). We undertstand there is a Break Clause in September, 2023.
Uniform Business Rates: £4,267 (2021/2022) after small business relief. (Please contact local authority to confirm)
SOLELY OFFERED FOR SALE DUE TO VENDOR WISHING TO START A FAMILY
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 48,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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