Sandwich Bar and Bakery in Lewisham For Sale

Situated in a parade, excellent main road trading position, SE LONDON LEWISHAM

Turnover £ 3,250
Price £75,000

Features

Award Winning, well Established Fully Equipped Sandwich Bar / Bakery - A1 Use

Front patio area with tables & 6 chairs

Bakery & shop cover 254 sq. meters

FULLY EQUIPPED SANDWICH BAR/BAKERY. 2 serve over refrigerated cabinets, patisserie display unit, 2 air conditioning units, coffee machine (rented on monthly basis). Robochef, bread slicer, 1 till, 2 microwaves, 2 under counter freezers, toaster, sandwich toaster, 1 upright glass fronted display fridge (on loan from Coca cola)

LARGE BAKERY AT REAR. 1 walkin coldroom, large walk in freezer, 4 mixers including 150kg spiral and various hobarts,various ovens, setter trolley, doughnut fryer, 2 bread slicers, crypto tart machine, doughnut fryer, various stainless steel tables and many bread tins/baking trays.Occupying a large space suitable for many different catering opportunites.

Ladies' & gentlemen's cloakrooms

Turnover

WE ARE INFORMED the turnover is currently in the region of £3,000/£3,500 p.w. In our opinion offering protential to introduce wholesale bakery.

Staff

The business is at present operated by a lady vendor with the assistance of 3 staff.

Trading Hours

5 day week
Monday - Friday inclusive - 8 a.m. - 2.30 p.m.

Accommodation

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Office
Large Lounge
Kitchen

Second Floor
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.

We understand the Council Tax for the flat at present is £1,200 p.a.

Outside

Small yard at rear

Tenure

We understand the entire premises are held on a 20 years lease from the 24th March, 2007 at a current rental of £29,500 p.a. exclusive of rates. We are further advised that there are rent reviews every 4 years. Obviously the assignment of the lease is subject to the landlord receiving satisfactory references and we further understand the landlord will require a rent deposit.

Uniform Business Rates: £4,961 p.a. approx.

THIS OLD ESTABLISHED BAKERY HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote