Full Staffed Bakery and Coffee Shop in Oxfordshire For Sale

Situated in a Parade, excellent trading position, pedestrianised shopping destination, Oxfordshire.

Turnover £ 3,000
Price £45,000

Features

Modern, Staff Run Coffee Shop with Retail Bakery

Outside seating for 14 people.

SINGLE FRONTED PREMISES, in the region of 800 ft², - Tiled floor, suspended ceiling with spot lights.

Tables and chairs seating 24 people.

Sales counter - EPOS cash register. Coffee machine (2 group), grinder, cake fridge, sandwich fridge, 2 oven, hot display serve over, smoothy machine, toaster, etc.

Customers cloakroom with toilet and sink.

Rear Kitchen - Stainless steel extractor, electric hob, oven, 3 freezers, fridge, double sink and drainer, dishwasher, ice machine, stainless steel preparation surfaces, etc

Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the manager with 2 full time and 2 part time staff employed.
We are informed the wage bill averages £2,000p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 9 am - 4 pm
SUNDAY 10 am - 4 pm

Outside

Garden to rear.

Could be developed for additional seating.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £16,000 p.a. plus vat, due to increase to £16,500 p.a. in 2025

Business Rates from April 2024 £2,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MARCH 2024

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote