Cafes for sale in Whitton

View the "Wholesale & Retail Bakery & Cafe" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Leasehold Price: £95,000 Price Reduced Under Offer Annual Turnover: £375,000
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Business Description
The Whitton shop has been established on this site for more than 50 years with the East Mosely shop for just one year. The business is currently operated by staff with very little daily input from the owner. Potential for a considerable saving on the wage bill if owner operated.

The business benefits from a substantial trade clientele offering deliveries to local businesses along with a small amount of outside catering which accounts for c30% of the turnover. The balance retail trade comprises the sale of a vast range of breads, cakes, celebration cakes, pastries, snack foods, hot and cold drinks.
Delivery van and website included in sale.
Turnover shown in trading accounts (exc. Vat) Whitton shop only:
• y/e August 2009 £295,218 y/e August 2010 £293,758
• y/e August 2011 £291,134 y/e August 2012 £293.654
• East Mosely shop accounts shows y/e August 2012 - £80,107
Tenure: Leasehold

Location Details:

Bakery & Cafe busy high street position Whitton, close proximity to Twickenham. Upmarket residential and commercial area within M25. Satellite shop located in small village of East Mosely, Surrey.

Leasehold Term:

Whitton: New lease to be granted, negotiable. Rent £24,000 per annum. Rates (Business and Water) c£10,058 pa. East Mosely: 3 years remaining on current lease (2013). Advised renewable within the Landlord & Tenant Act. Rent £5,000 per annum. Rates tba.

Listed by: Adams & Co
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