Profitable RETAIL BAKERY/COFFEE SHOP (we understand with full A3 use)
Price:
Leasehold - £44,950
Business Type:
Food Service Businesses, Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED RETAIL BAKERY/COFFEE SHOP laminated strip floor. Tables and chairs providing seating for 26 persons. Cool display serveover counter, automatic coffee machine, electronic cash register, panini toaster.
KITCHEN with non-slip floor. The equipment includes dishwasher, toaster, jacket potato oven, 6-burner gas cooker, 4 deep fryers, 2 microwave ovens, industrial cheese grater, 2 fridges, 1 chest deep freeze, 1 upright deep freeze etc.
2 cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in the region of 50% approx.
We understand the premises are held on a secure renewable lease, the present lease expiring in October, 2016 at a rental of £19,860 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.
Uniform Business Rates: £4,550 p.a. approx.
The ground rent is £955.28 per quarter
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £44,950 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, residential area, ESSEX
Monday - Saturday inclusive - 8 a.m. - 5 p.m.
NO SUNDAY TRADING
North Yorkshire
£ 750,000
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