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Fully Equipped Freehold Bakery for Sale

Undisclosed, Suffolk
Advert ID
R8380 / Rightbiz
Freehold Price: £295,000
Annual Turnover: £286,000
WE ARE INFORMED the turnover currently averages £5,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st December, 2018 showed £272,241 with a gross profit of £162,593. We are further advised that the sales year ending 31st December, 2017 showed £284,783. As you will appreciate the figures for 2018 were slightly down on the 2018 figures & we are advised by the vendor that this was due 23 weeks work on a gas main replacement close by. We confirm that we have recently been advised by the vendor that the sales year ending December, 2019 showed £291,767.The SELF CONTAINED accommodation DOUBLE GLAZED & refurbished in 2014 is at present let to the baker & provides a rental income of £450 per month. The FLAT comprises:3 Bedrooms (2 doubles, 1 single)Bathroom with bath, electric shower over the bath, w.d. & wash hand basin Large LoungeFitted KitchenSeparate Utility Room with w.c. & wash hand basinPrice : THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Listing Details
Location: Undisclosed, Suffolk
Sector: Bakery Businesses
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Advert Reference: R8380 / Rightbiz

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