| (REF: R1845) Old Established Well Equipped Bakery/Sandwich Bar. |
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| Seller Reference: |
R1845 |
| B4S Reference: |
32561 |
| Asking Price: |
£45,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£104,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : This old established business has been in the same family SINCE 1948 and is now offered for sale by the present owner due to retirement.
Impressive spacious RETAIL BAKERY/SANDWICH BAR. Front section with quarry-tiled floor, suspended ceiling with inset lighting, 3 tables and 6 chairs, bread display shelving, upright glass fronted drinks display fridge (own), 2 attractive cool display serveover counters plus 1 hot display serveover counter, electronic cash register, hot water boiler, griddle.
Rear area with quarry tiled floor, tiled walls, stainless steel table, gravity feed slicer, chest deep freeze with worktop over, walk in coldroom, walk in deep freeze, bread slicer, sink and drainer, etc.
Stairs to spacious well equipped Bakery, with quarry tiled floor. Equipment includes 5-deck bakers oven, 2 stainless steel Fosters retarder/provers, 2 fridges, 1 prover, stainless steel tables, 80qt Hobart mixer, 1 bag spiral mixer, 40qt Hobart mixer, 20qt Hobart mixer, roll/bun divider and moulder, Rondo pastry break, double sink and drainer, etc.
Staff Cloakroom with w.c. and wash hand basin.
Rear Yard.
WE AE INFORMED the turnover averages £2,000 p.w. Retail shop sales only - in our opinion offering tremendous potential for further development. In our opinion, the well equipped Bakery provides the added potential, if desired, of wholesale trade in the area.
The vendor owns the freehold and, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease, at a rental of £15,000 p.a. excl. of rates for the first 3 years, with rent review at that time and thereafter every years.
Uniform business rates: £3,600 p.a. approx.
As stated, this business has been in the same family since 1948 and is now offered for sale by the present owner due to retirement.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS, £45,000 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, excellent main road trading position, London, N |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday/Friday incl. 6 a.m. - 4 p.m.
Saturday opening 7 a.m. - 3 p.m.
No Sunday trading. |
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2 full time staff employed in the retail shop. Bakery section, 3 full time staff employed. The bakery is utilised for the production of all the patisserie products for the 4 shops the present owner owns. |
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