FOR SALE
21/07/23
516962
*You can either book a viewing direct with current owners or via FSL Estate agents.*
PROPERTY PARTICULARS
Bradleys of Wood Street is a popular and well established cafe, sandwich bar and takeaway business operating from attractive and well maintained ground floor premises on Wood Street in Wakefield. Rent and overheads are very reasonable for a busy high street location such as this and a new lease has been signed for the next 4 years. The premises offer approximately 37 square metres (395 square feet) of retail and kitchen space, plus additional basement cellar providing ample storage and staff toilet facilities. Outside seating is permitted by way of a pavement licence.
BUSINESS DETAILS
The business currently achieves £90K annual turnover operating weekdays 8am until 3.30pm, offering potential for any new owner to increase operating hours subject to satisfying any consents. The sale includes high quality fixtures, fittings and equipment including white goods and coffee machine. Copies of accounts are available upon request and a sample menu can be viewed on the business website www.bradleysofwoodstreet.co.uk
ACCOMMODATION
The premises comprise an open floor ground floor retail unit with serving counter and seating, and having kitchen facilities to the rear. In addition, there is a large storage basement with toilet facilities. The current owners advise that they have investigated the option to convert the basement to provide additional useable kitchen space. The premises are let by way of a 4 year internal repair and insure lease at £750 pcm which was renewed in March 2023. Further lease details are available upon request.
LOCATION
The business is located on Wood Street within Wakefield City Centre. The location offers excellent passing trade, being close to the main council offices, colleges and railway station in addition to the numerous offices and businesses situated on the door step providing an extensive catchment area. On-street parking is available immediately outside the premises.
RATEABLE VALUE The rateable value of the premises is £5400 effective from 1st April 2023. The business qualifies for small business rate relief therefore there are currently no business rates to pay.
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
Get SolicitorThe data showed regarding this advert 'Popular cafe, sandwich bar and takeaway Wakefield Centre, UK ' 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.