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Successful Retail Baker Snack Takeaway, Nottingham. NG8 5RR

Business for Sale in Nottingham, Nottinghamshire
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Property Details
Agent Ref No: N374
Category: Business for Sale
Type: Takeaway / Fish & Chip
Retail - Other
Retail - High Street
Offer Type:
Price: £49,950.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-08-04
Size:
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status:
More Than Business

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Description

There has been a retail baker on this site for many years and as such has built up a loyal and substantial customer base. The shop retails bread, cakes and other bakery goods manufactured by the present owners central bakery.

Hot and cold snacks and sandwiches are an important part of the business.
FINANCIAL DETAILS
Sales revenue: < £200k
Net profit: < £100k
Fixtures value: Undisclosed
Stock value: Undisclosed
GENERAL INFORMATION
Employees: The business is run under management. Three sales assistants support the manageress.
Trading hours: Monday - Friday 08.30 am - 4.30 pm & Saturday 08.30 am - 3.00pm
Property: Leasehold
Lease terms: A new 10-year lease is in place. The annual rent is at present £9,000.
Location: The business is centrally positioned in a popular shopping parade. A good variety of retailers can be found in this parade.
Support & training: The vendor will ensure that there is a smooth hand over of the business.
Reasons for selling: The vendor wishes to concentrate on the wholesale bakery trade.

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