 | PRICE REDUCED Retail Baker & Snack Takeaway Nottingham, Nottinghamshire, United Kingdom Advert ref: N511 FINANCIAL DETAILS | Asking price: £109,500 Sales revenue: £350,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer an opportunity to purchase a successful and profitable business, which is located in one of the prime retail locations in the centre of Nottingham.
The business is the flagship retail outlet on one of Nottingham’s leading bakeries. It is very well established and has a regular clientele both for bakery products and for sandwiches and snacks
The business will appeal both to the buyer who is looking to purchase and personally run a business of this type and to those seeking to expand their own managed estate.
Viewing of this business is highly recommended.
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GENERAL INFORMATION | Trading hours: Monday - Saturday 08.30 am – 5.30 pm & Sunday 10.00 am – 4.00 pm
Property: Leasehold
Lease terms
The premises are presently leased on a 10-year lease, which commenced in June 2003. The current annual rent is £49,000.
Location
Market Square is the hub of Nottingham. Retail outlets located on the square benefit not only from those coming into Nottingham to shop but also from the many businesses, both commercial and retail, located in Nottingham city centre.
This particular business also benefits from its proximity to a number of bus stops, which are the city centre terminus for many routes.
Support & training
The current owners will fully assist to ensure a smooth handover of the business.
Reasons for selling
This business is only offered for sale due to the vendor wishing to concentrate on wholesale baking.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
