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Old Established Retail Bakery Plus Fully Equipped Bakery

Undisclosed Hampshire
Situated in a parade, excellent main road trading position, sought after, HAMPSHIRE

ADVERT NUMBER : 53316
ADVERT IMPRESSIONS : 17,873 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Bakers
SALE: Agent Sale

LEASEHOLD:

£35000
 

BUSINESS DETAILS:

Features : SPACIOUS DOUBLE FRONTED PREMISES with non-slip floor. Shop area suspended ceiling with concealed lighting, 2 display counters, refrigerated 2 door stainless steel counter fridge with refrigerated section over (for fillings), open cool display unit (for soft drinks), 2 electronic cash registers, 2 bread slicers, hot display cabinet, 1 sealer unit.

SPACIOUS BAKERY with tiled floor. 24 tray 3-deck baker's oven, 2 burner electric hob, sink and drainer, 3 door stainless steel counter fridge, prover, large Hobart mixer plus additional mixer, Koma retarder/prover (6 rack) we understand installed in 2003 at a cost of £23,000 inclusive of VAT, 2 deep freezes, sink and drainer, bun divider moulder, retarder etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Location : Situated in a parade, excellent main road trading position, sought after, HAMPSHIRE

Opening Hours : Monday - Saturday inclusive - 8.30 a.m. - 4.45 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 55% approx. We are further advised that the minimum winter turnover is in the region of £2,000 p.w. increasing to a maximum in the height of the summer to in the region of £5,500 p.w.

Tenure : We understand the entire premises are held on a secure renewable lease, the present lease expiring in December, 2011 at a rental of £25,000 p.a. exclusive of rates. We further understand that subject to satisfactory references the landlords are prepared to grant a new 15 years lease at a maximum rental of £27,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years

Uniform Business Rates: £8,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS SELF CONTAINED living accommodation in the form of a MAISONETTE over does require some attention and comprises:

3 Double Bedrooms
Bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge
Spacious kitchen (needs fittings)

Outside : Large Pay & Display car park at rear. We understand the business has the advantage of 2 parking spaces, rental payable at present £160 p.a. for both from the local authority.

Staff : The Bakery section is operated by the vendor on his own whilst the retail bakery is operated by 1 full time plus 4 part time staff. 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
 
 
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