Business Summary

• HUGE POTENTIAL
• FULLY REFURBISHED
• BUSY PROMINENT POSITION
• UP TO 20 – 25 COVERS POSS
• BRAND NEW EQUIPMENT
• RENT JUST £6,000
• £1,700 T/OVER PER WEEK
• SECURE RENEWABLE LEASE
• SANDWICHES CAKES COFFEES
• WELL KNOWN LOCALLY

Location:

PPS bring to the market this beautifully refurbished Bakers/Sandwich bar situated on a corner position on a busy town high street surrounded by densely populated residential area as well as being within striking distance of local industrial estates and transport links. Our vendors have built a solid trade over the last two and a half years and now has a solid reputation with the local community for its friendly service and quality assortment of cakes, pastries and savouries, sandwiches, hot and cold drinks etc.

The Premises:

This delightful and well established Bakers is approached via its own forecourt giving possible room for further outside covers, the bakers is entered via hard wood glazed door and have two large shop display windows with roller shutters . The bakers have been recently decorated to a high standard with a refurbished seating area, refitted toilet and large good size preparation / serving area.

Display / Serving area, suspended illuminated ceiling, chrome tables and chairs seating for 8 covers, fully tiled flooring, air conditioning unit. The Bakers is well equipped for the trade fixtures include, two large refrigerated stainless steel / glass display counter for display of sandwich fillings etc. these units also supply working surface area as well as further refrigerated storage, Coca-Cola refrigerated cabinet, adjustable stainless steel shelving units, service counter, coffee machine, electronic till, 8 double built in storage cupboard with work surface over.
Door to the rear of the shop

FURTHER STORAGE AREA
This large storage area could potentially provide an additional 15 – 20 covers as well as still providing ample storage for the business. Large chest freezer to remain, Bake ‘N’ Bite hot display cabinet, stainless steel sink with drainer and hot and cold tap, laminated flooring, door out to garden, door too

WC
Newly decorated and fully tiled W/C.

GARDEN
Good size garden area could potential be used for outside covers (subject to planning)

Tenure:

The premises are held on a secure renewable 6 years lease with 3 years remaining at a current rental of £6,000 per annum.

Turnover:

We are informed by the vendors that the turnover is averaging between £1,700 per week at the usual gross profit margin of 65% that this trade produces. However we understand from our vendor client that when the business was owner run the turnover was some £2,000 - £2,500 per week.

Business Rates:

Nil rates.

Staff:

The business is currently run by two part time staff.

Trading Hours:

Monday – Friday 07:00 – 16:00 - Saturday 07:00 – 14:00

Price:

We are instructed by our Vendor Client to offer this lucrative business for sale at a realistic price of £34,995 to include the remainder of the lease, goodwill, fixtures and fittings, stock to be purchased at valuation.

Agents Note:

Our vendor clients no longer have a hands on approach to the business instead the business is run by two member of staff with a current turnover of £1,700 per week. However when this business was run by our vendors (husband and wife team) the turnover was considerable higher at £2,000 - £2,500 per week.

Terms:

Each party, Vendor and Purchaser are responsible for their own legal fees and 50% of the landlords legal costs to assign the lease.

Property Details