Sandwich Bar Plus Bakery. For Sale

Business description

The landlord has stated that this unit must stay as a Bakery.

Service road in front of parade to spacious single fronted premises with tiled floor, fully equipped including sandwich bar section with glass display counter, sandwich toaster, microwave oven, cool display counter. Tables and chairs providing seating for 13 persons.

Large Bakery at rear. Fully equipped including Fyna Reel oven, large mixer plus 2 additional mixers, 1 moulder, large upright double-door retarder, additional Fosters retarder, electric bread slicer, sink and drainer, etc.

Stockroom at rear with 2 chest deep freezes, 1 small deep freeze, fridge. Staff toilet and wash hand basin.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure lease from a private landlord having 7 years unexpired from September, 2008 at a current rental of £13,000 p.a. exclusive of rates. We understand the rent was due for review in September, 2006, however, no agreement has been reached as to any increase at the present time for the next 5 years.

Uniform Business Rates: £5,500 p.a. approx. + water rates (metered).

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 19 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

Living accommodation:

The spacious living accommodation, in the form of a MAISONETTE OVER, comprises: 3 Double Bedrooms Bathroom with bath, w.c. and wash hand basin Lounge Separate Dining Room Kitchen

Location:

Situated in a parade, main road trading position, KENT.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremenous potential for further increase in the right hands. Gross profit 60% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £22,000 plus STOCK AT VALUATION. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Trading hours:

Monday - Saturday inclusive - 8.30 a.m. - 3 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.