Bakery, Post Office and Convenience Store Business in Surrey

  • Leasehold Price: £54,950
  • Annual Turnover: £275,000
Surrey, England, England
Seller Ref:DT5195/49
Under Offer

Bakery, Post Office and Convenience Store Business in Surrey

Surrey, England, England
Seller Ref:DT5195/49
  • Leasehold Price: £54,950
  • Annual Turnover: £275,000

Overview

Seller Ref: DT5195/49

Description

GENUINE RETIREMENT SALE – 23 YEARS SUCCESSFUL TRADING
BAKERY / POST OFFICE / CONVENIENCE STORE BUSINESS
ACCOMMODATION ABOVE
GOOD TURNOVER
SURREY
Viewing Arrangements:
View only by strict prior appointment through Messrs A H Lansley
The business provides a post office service, convenience store, wholesale deliveries of bread to surrounding café’s, bakeries, sandwich bars, golf courses etc. also offering a wide selection of freshly prepared bread, pasties, sausage rolls, freshly prepared sandwiches / bacon and sausage rolls, cakes, patisseries, coffees and more. It has been successfully run under the same ownership for the past 23 years, now regrettably for sale as the owner has reached retirement age.
The premises are situated within easy walking distance of busy train station within large residential community on a busy main road.
The Single Fronted Premises are held on a 10 year lease, we are advised, with approximately 6 and a half years unexpired at a current rent of £20,760 per annum (£1,730 per calendar month). 3-year rent reviews. Rateable Value £7,700 (100% small business rate relief to eligible applicants) EPC RATING:- C-63
Shop with 13’7’’ frontage (circa. 24’3’’ x 13’7’’-30m2 – 325sq.ft.) fitted with refrigerated display serve-over counter, pie warmer, large 4-tier refrigerated display unit, commercial coffee machine (on lease – almost paid off), three chalk menu boards, cash till, Post Office serve over counter, Post Office safe and all related equipment etc. Large forecourt with outdoor seating.
Kitchen (circa. 10’8’’ x 9’1’’- 9m2 – 95sq.ft.) with hob, fitted cupboards, stainless steel sink, 3 door preparation refrigerator, 2 door preparation refrigerator, microwave, stainless shelving, toaster…
Bakery at rear (circa. 46’9’’ x 14’6’’ – 62m2 – 675sq.ft.) equipped with high quality mixers, pastry brake, 5-deck / 3-tray bakers oven, retarder, steam prover, walk in chiller and walk in freezer (circa. 5’x6’) upright fridge, stainless steel preparation tables, extraction units, CCTV, bread slicers….
Rear – W.C., storage, loading area for deliveries, space for three to four cars, bins…..
First Floor:- 1 bedroom flat (currently occupied by baker) plus office. Flat accessed via the shop.
We are advised that current Takings average around £5,500 weekly (£3,000 Wholesale and £2,500 shop and post office) with good levels of net profit. The bakery goes through 50 bags of flour per week.
Hours of Trading:- Monday to Saturday – 8am to 4pm Sunday – Closed – Scope to open evenings.
Staff:- Working owner (baking and post office trained) together with one full time baker, one full time front of house staff member (post office trained) and one part time driver.
We consider this is a superb opportunity to purchase a genuinely successful, unique and long-standing business very rarely available. Scope to operate convenience store / off license, subject to planning permission.
Price required for goodwill, lease, tenant’s fittings, fixtures, utensils and equipment:-
£54,950
STOCK AND VAN EXTRA AT VALUATION

Leasehold Terms:
The Single Fronted Premises are held on a 10 year lease, we are advised, with approximately 6 and a half years unexpired at a current rent of £20,760 per annum (£1,730 per calendar month). 3-year rent reviews
Trading Hours:
Monday to Saturday – 8am to 4pm Sunday – Closed – Scope to open evenings.
Number of Employees:
3
Number of Bedrooms:
1
Support and Training:
Handover period offered by seller
Location Details:
The premises are situated within easy walking distance of busy train station within large residential community on a busy main road.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Business Documents

5195EPC

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