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London Bakery for Sale - Prime Location, Heavy Footfall, Established Clientele & Fully Equipped

City of London, London
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  • Status

    FOR SALE

  • Date Submitted:

    23/03/23

  • Advert ID

    510525

  • Reference

    2489 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £85,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Prime Location
  • Established Business
  • Fully Fitted
  • Ideal for Full Refurbishment
  • Attractive Business
  • Adjacent to Multiple Retailers
  • Potential for Alternative Use
  • Accounts Available
  • Unique Business

Business Details

Bakery for sale In London

Summary:

-          Proof of funds required

-          Huge Potential

-          Unique Opportunity

-          Prime Location

-          Heavy Footfall Area

-          All Fixtures & Fittings Included

-          Excellent Client Base

-          Highly Rated

-          Established Business

Business Description:

Silk Letting LTD are proud to present to the market a bakery within London. This business is open for a long 12 hours each day, serving its clients a wide range of Turkish dishes, such as

By keeping the quality of its services consistent, this business has managed to build up an excellent client base having built many loyal relationships with its customers. Alongside, the excellent client base, has also come a superb reputation, with a 5-star rating online. This rating makes the business appear more attractive and helps the business gain a lot more potential customers through search engines like Google.

Currently, this business only operates through walk-ins and passing trade, but this is convenient, as it is located on a busy road.

With all fixtures and fittings included within the purchase of the business, it makes it ready for a buyer to get going right away.

Location and Amenities:

Situated on a busy main road, this business is put in a prime location as it is an area which gathers a huge amount of traffic. The consistent traffic flow benefits the business greatly, as it helps the business gain a lot more walk-ins and passing trade. The main road isn’t the only thing that factors towards the amount of traffic within the area, but also the surrounding of many local amenities which helps the area gather a huge amount of footfall.

Travelling to this business isn’t an issue, as there are many ways in which someone can do so. For example, there are many buses stops along the road where the business is based, which makes it easily accessible for customers, staff, and the owner if they do need to travel to the premises via public transport.

If public transport is not what suits you best, then you will be glad to hear that there are parking bays outside of the premises and on the road, which gives ease of access to anyone who is travelling to the premises via car.

Growth Potential:

There are many ways in which a buyer can improve and expand this business, to take it on to the next level.

For example, the first way a buyer can expand is by forming agreements with different delivery companies such as Just Eat, Deliveroo, and Uber Eats. Doing this would help a buyer reach out to these platforms\' client base and reach out to a wider range of customers, therefore, resulting in a higher rate of daily sales and more revenue being generated. Another reason why this may help the business gain more sales is because the majority of people would like food delivered to their houses so that they can enjoy it from the comfort of their own homes. So by creating this convenience, it would attract a lot more potential customers.

Another way in which a buyer can expand is by creating a website for this business. On this website, a buyer can showcase the business\'s services and present the products that the business provides.

Alongside this, a buyer could also put contact information and directions to the business on the website, which would make it easier for customers to find the store and help them if they would need to make an enquiry. It would also make the business come across as more professional, which would help bring in a lot more customers.

Financial Profile:

Tenure: Lease (Rents Property Only) – 7 years left remaining on the lease.

Turnover is available upon request.

Property:

This business is presented throughout one floor, which consists of a dining area, a kitchen, a storeroom at the back and a toilet.

The dining area can fit up to around 30 guests, which makes it suitable for customers who want to dine in small or even large groups.

It also ensures that the business will never fail to accommodate during busier times.

Security Features:

It is fully equipped with 7 CCTV cameras, which ensure that the safety of the business is kept whilst attended to and unattended.

We advise our buyers not to miss out on this opportunity!

Fixtures and Fittings:

All fixtures and fittings are included within the purchase of this business, which is a huge advantage to a buyer, as it assists them towards an easy takeover.

A full list of assets is available upon request.

Staff:

The business currently employs 2 staff members who may stay for a month under new ownership after negotiation with a buyer. This gives the buyer an advantage as it gives them an already experienced and efficient team to help them take over the business.

The business is currently trading:

Monday – Sunday: 9:00 am – 9:00 pm

Reason for the business sale:

The owner has decided to sell the business due to other commitments, which creates the perfect opportunity for a buyer to step in and take this business to the next level.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sales enquiries or to arrange a viewing on 0161 507 9791.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Bakery for sale In London - 2489 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.