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Property For Sale - Nuxley Road, Belvedere - Property King Estate Agents (ID 307)
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Retail / Commercial For Sale Price £29,950

Nuxley Road, Belvedere

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Contact us quoting Ref.307
  • Bakery Business For Sale
  • Nuxley Village Location
  • Parking To Rear
  • Turnover Approx £78,000 pa
  • Profit Margin Approx 70%
  • Small Business Rates Relief
  • Equipment & Goodwill Included
Homes 4 You are pleased to bring to the market this bakery business for sale on Belvedere`s busy Nuxley Road. The premises is surrounded by big names such as Lloyds Bank, Budgens and other high street brands.

Background:
The business has been run by a family for the past 6 years and has developed its regular customer base from the local residents and the employees of the surrounding businesses who visit during their lunch breaks.

Price:
Goodwill & equipment: £29,950

Lease:
Term: 10 years from 25th March 2007
Extension: The lease can be extended prior to a sale
Rent: £10,000 per annum/ £833 per month

Business Rates:
£0 per month with small business relief

Figures:
Turnover: £78,000 per annum/ £6,500 per month/ £1,500 per week
Profit Margin: Approximately 70%

Sizes

Ground Floor:
Shop: Approx 27ft x 13ft
Rear Kitchen: Approx 19ft x 14ft
Parking: Two off road parking bays to rear

First Floor:
Room One: 18ft x 14ft
Room Two: 14ft x 8ft
W/C and handbasin

Equipment

Shop Front:
- 4 Chilled display units
- Chilled drinks cabinet
- 2 Ovens
- Panini grill
- Electronic till
- Coffee Machine (Purchase Lease Agreement. Payments of £155 per month till October 2015)
- Crisp stand
- 1 Table & 4 customer chairs
- Wheelie baking tray
- Storage cabinets with worktops

Back Room:
- 3 Freezers (1 new & 2 used)
- 3 Fridges (Hotpoint fridge is new & 2 used)
- Storage cabinets & worktops
- 2 Sink units

Please note that all measurements are approximated and that all of the details are only to be used as guidelines. The applicant is responsible for confirming the above details prior to completion.

Please contact us to arrange a viewing.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

This is an approximate location - provided for guidance only
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