Well Equipped Bakery/cafÉ | | Undisclosed London | | Situated in a parade, excellent main road trading position, LONDON, SW | | ADVERT NUMBER : 39493
ADVERT IMPRESSIONS : 8,485 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Bakers | | SALE: | Agent Sale | LEASEHOLD: | £69500 | | | | | BUSINESS DETAILS: | Features : Front area with space for 2 tables and 4 chairs to -ATTRACTIVE DOUBLE FRONTED BAKERY/CAFÉ. Total area in the region of 75 sq. metres. Vinyl wood effect floor. 3 tables and 9 chairs. The equipment includes 3 metre spacious counter with specialised bakery lighting system, 1 custom fitted storage counter & bread display, 3 ambiance sections plus cool display section, 2 group coffee machine, coffee grinder, upright double door glass fronted drinks display fridge.Bakery at rear. 5 deck bakers oven, 2 stainless steel upright deep freezes, 2 upright white fridges, moulder, mixer, 2 large tables etc.Staff cloakroom with w.c. and wash hand basinLocation : Situated in a parade, excellent main road trading position, LONDON, SWOpening Hours : Sunday - 10 a.m. - 5 p.m.CLOSED ALL DAY MONDAYTuesday - Saturday inclusive - 7 a.m. - 7 p.m.Turnover : WE ARE INFORMED the turnover averages £3,300/£3,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65/70% approx.Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from 2007 at a current rental of £40,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (We understand there is Break Clause exercisable at the 5th year with 6 months notice).Uniform Business Rates: £14,000 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTPlease note the purchase of this business is to be by way of Share Transfer of the Limited Company. We further understand there are advantageous tax losses.Staff : The business is at present staff operated. Staff employed 2 full time plus 1 part time staff plus 1 full time baker. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
