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Well established FREEHOLD DETACHED CELEBRATION CAKES plus SUGAR CRAFT SUPPL

Price:
Freehold - £220,000
Turnover:
Register to view
Seller Ref:
M3533
Location:

Wales, South Wales

Business Type:

Retail businesses

See Other:
Craft shops for sale in Wales
Bakeries for sale in Wales
Gift shops for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : The business has been established by the present owners approximately 21 years ago and is now solely offered for sale due to retirement.

We understand the frontage to the road is approximately 52' including integral garage and adjoining second shop. We are further advised that the depth of the site is in the region of 92'

Electric Shutters to SINGLE FRONTED SHOP with double door. Quality pine strip floor The equipment includes 2 glass display counters, electric cash register, 4 upright illuminated glass display cabinets, shelving, peg boarding. CCTV system with 2 cameras, monitor.

REAR PREPARATION ROOM used for making of cakes, electric stainless steel commercial oven, with gas hob, 1 additional electric cooker, mixer, stainless steel table, electronic scales, chest deep freeze, small under-counter fridge, stainless steel work surfaces, sink and double drainer, printing machine (prints onto sugar), cricut machine etc.

Outside cloakroom

INCLUDED IN THE SALE IS AN ADJOINING SHOP with separate entrance plus rear kitchen. The adjoining shop is currently used for storage purposes, however, in our opinion has potential to develop an additional business, if desired.

WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.

Uniform Business Rates: Nil payable after full relief

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 21 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Busy road, densely populated residential area, SOUTH GLAMORGAN, SOUTH WALES
Trading Hours:
Monday & Tuesday - 9 a.m. - 5 p.m.
Wednesday - 9 a.m. - 1 p.m.
Thursday & Friday - 9 a.m. - 5
Accommodation:
The SELF CONTAINED accommodation DOUBLE GLAZED with uPVC windows, FULL GAS FIRED CENTRAL HEATING with combination boiler, is at present let on a shorthold tenancy and provides a rental income of £525 per month (including garden). The spacious accommodation comprises:

Ground Floor
Entrance/Utility Room

First Floor
3 bedrooms (2 doubles, 1 large single)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge approx. 21' x 12'
Kitchen with fitted units

Large garden including patio area.

Integral double tandem garage
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