 | Successful Retail Baker & Snack Takeaway (Price Changed) Nottingham, Nottinghamshire, United Kingdom Advert ref: N526 FINANCIAL DETAILS | Asking price: £30,000 Sales revenue: < £200k Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this business, which is currently run under management and is part of a well-known local brand. All bakery products are locally manufactured in Nottingham.
It has built a reputation for quality and value for money for bread, cakes, savouries and freshly made sandwiches. The asking price is subject to the purchaser of the business entering into a supply agreement with the current bakery for a minimum period of 12 months.
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GENERAL INFORMATION | Employees: A total of 97 hours is allocated across part-time staff to operate this business.
Trading hours: Monday - Friday 08.30 am – 5.00 pm & Saturday 08.30 am – 4.00 pm
Property: Leasehold
Lease terms
The premises are presently leased at an annual rent of £9,500. The 10-year lease commenced in 2008.
Living accomodation
The premises also include a 1/2-bed flat, which is currently not being used for domestic accommodation. Access to the flat is presently via the retail shop. It could be possible to provide separate access to the flat, subject to the appropriate planning permission and let the flat for a minimum of £400 per calendar month.
Location
Carlton Hill is a very popular shopping parade serving both the local community, local businesses and passing trade.
The business on offer occupies a good central location on the shopping parade. In addition to free on street parking there are also free off street car parks nearby.
Reasons for selling
The vendor wishes to withdraw from the retail market to concentrate activities in the wholesale sector.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
