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ATTRACTIVE RETAIL BAKERY

Price:
Leasehold - £20,000
Turnover:
Register to view
Seller Ref:
R2023
Location:

Hampshire

Business Type:

Food Service Businesses, Retail businesses

See Other:
Sandwich shops for sale in Hampshire
Bakeries for sale in Hampshire
Food service businesses for sale in Hampshire
Retail businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : No Parking Problems plus Layby in front of parade providing customer's car parking.

ATTRACTIVE SINGLE FRONTED RETAIL BAKERY in our opinion having potential to develop a seating area if desired. Tiled floor. Cool display counter, electric cash register, display stands etc.

Staff cloakroom with w.c. and wash hand basin

Obviously the business could continue to trade as a Retail Bakery, however, in our opinion in view of the fact that we understand the premises have recently been granted A5 use, in our opinion there is terrific potential to establish a Hot Food Takeaway business.

WE ARE INFORMED the turnover averages £1,500/£1,600 p.w. in our opinion offering tremedous potential for further increase in the right hands. Gross profit 45/50% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £6,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £2,400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, residential area, HAMPSHIRE
Trading Hours:
Monday - Friday inclusive - 8 a.m. - 3.30 p.m.
Saturday opening - 8 a.m. - 1 p.m.
Accommodation:
Yard at rear plus service area with parking
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