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Leasehold Sandwich Shop/bakery

Nottingham Nottinghamshire
LEASEHOLD SANDWICH SHOP/BAKERY - NOTTINGHAMSHIRE Desirable location in the beautiful village of Ruddington Historically trading at £90,000+ PA with good GP returns

ADVERT NUMBER : 70670
ADVERT IMPRESSIONS : 10,711 TIME(S)

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

LEASEHOLD:

£15,000
 

BUSINESS DETAILS:

LEASEHOLD SANDWICH SHOP/BAKERY - NOTTINGHAMSHIRE
Desirable location in the beautiful village of Ruddington
Historically trading at £90,000+ PA with good GP returns
None trading for only a few months due to poor health
Superb partnership or husband and wife business
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Ideal first business opportunity
Genuine reason for sale
LEASEHOLD


Location

This excellent leasehold sandwich shop and bakery has a prime highly desirable location in the beautiful village of Ruddington which is in Nottingham. The shop has an ideal, highly visible placement in the central shopping area of the village. The business benefits from having a wide variety of neighbouring good quality retailers and commercial businesses which draws a healthy amount of shoppers to the area throughout the year. Ruddington is an attractive and lively village situated five miles south of Nottingham in the Borough of Rushcliffe. The village has an excellent range of shops and services and acts as a local centre for a number of adjoining villages. Ruddington is a friendly village which retains a strong sense of community and is a popular place to live, work or visit. The village also benefits from being very accessible via the M1 motorway which is situated just under 10 miles away.


Business History

Meridian Business Sales are delighted to offer for sale this excellent leasehold opportunity which has a proud history dating back to the early 1900's. Since September 2011 it has been owned and run by our client and is only now reluctantly being placed onto the market due to her unfortunate poor health. The business is currently none trading but at our clients time of purchase was achieving a very respectable advised average annual turnover of £90,000. Our client is very generously including all the business fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal opportunity for a couple or individual to acquire a very favourable business for a very reduced market price. We would like to urge very early interest in this opportunity as businesses of this nature rarely appear onto the market.


Financial Profile

Stock approximately: £200


Tenure

Leasehold
Original length: 3 years
Remaining: 2 ½ years
Rent: £542pm


Opening Hours

Not currently trading


Accommodation

Well presented and appointed property, highly visible in a corner location, briefly comprising of:

GROUND FLOOR
Beautiful glass fronted property with 2 front door entrances leading to:

Open plan display / serving / seating area
Fitted worktop / breakfast bar with stools and 2 tables with 4 chairs
L shaped serve over display arrangement 2 chilled and 1 hot

Rear work and preparation space
Scales, cash register, worktops, meat slices, storage cupboards

Racking and shelving displays
Drinks chiller display

Rear kitchen with 2 fitted wash basins, fridge / freezer, worktops, storage cupboards and drawers.

Toilet with wash basin
Small storage area

EXTERNAL
Free of charge front roadside parking
Many neighbouring commercial shops and retailers
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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