UNDER OFFER
26/04/23
512264
DT5195 / 49 / Rightbiz
Genuine Retirement Sale - 23 years successful trading
Bakery / Post Office / Convenience Store Business
Accommodation Above
Good Turnover
Surrey
Viewing Arrangements:
View only by strict prior appointment through Messrs A H Lansley Ltd
The business provides a post office service, convenience store, wholesale deliveries of bread to surrounding café’s, bakeries, sandwich bars, golf courses etc. also offering a wide selection of freshly prepared bread, pasties, sausage rolls, freshly prepared sandwiches / bacon and sausage rolls, cakes, patisseries, coffees and more. It has been successfully run under the same ownership for the past 23 years, now regrettably for sale as the owner has reached retirement age.
The premises are situated within easy walking distance of busy train station within large residential community on a busy main road.
The Single Fronted Premises are held on a 10 year lease, we are advised, with approximately 6 and a half years unexpired at a current rent of £20,760 per annum (£1,730 per calendar month). 3-year rent reviews. Rateable Value £7,700 (100% small business rate relief to eligible applicants) EPC RATING:- C-63
Shop with 13’7’’ frontage (circa. 24’3’’ x 13’7’’-30m2 - 325sq.ft.) fitted with refrigerated display serve-over counter, pie warmer, large 4-tier refrigerated display unit, commercial coffee machine (on lease – almost paid off), three chalk menu boards, cash till, Post Office serve over counter, Post Office safe and all related equipment etc. Large forecourt with outdoor seating.
Kitchen (circa. 10’8’’ x 9’1’’- 9m2 - 95sq.ft.) with hob, fitted cupboards, stainless steel sink, 3 door preparation refrigerator, 2 door preparation refrigerator, microwave, stainless shelving, toaster…
Bakery at rear (circa. 46’9’’ x 14’6’’ - 62m2 - 675sq.ft.) equipped with high quality mixers, pastry brake, 5-deck / 3-tray bakers oven, retarder, steam prover, walk in chiller and walk in freezer (circa. 5’x6’) upright fridge, stainless steel preparation tables, extraction units, CCTV, bread slicers….
Rear – W.C., storage, loading area for deliveries, space for three to four cars, bins…..
First Floor:- 1 bedroom flat (currently occupied by baker) plus office. Flat accessed via the shop.
We are advised that current Takings average around £5,500 weekly (£3,000 Wholesale and £2,500 shop and post office) with good levels of net profit. The bakery goes through 50 bags of flour per week.
Hours of Trading:- Monday to Saturday – 8am to 4pm Sunday – Closed – Scope to open evenings.
Staff:- Working owner (baking and post office trained) together with one full time baker, one full time front of house staff member (post office trained) and one part time driver.
We consider this is a superb opportunity to purchase a genuinely successful, unique and long-standing business very rarely available. Scope to operate convenience store / off license, subject to planning permission.
Price required for goodwill, lease, tenant’s fittings, fixtures, utensils and equipment:-
£54,950
Stock and Van extra at Valuation
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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