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Bakery / Hot Food Takeaway In Sunderland For Sale

Sunderland, Tyne and Wear, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed
  • High turnover and high profit margin operation.
  • Long established and reputable business.
  • Operated under same ownership since 1983.
  • Extensive ground floor premises.
  • Trading permitted till 4am.
  • New lease available at £25,000 per annum.

Property Information

Property:

Leasehold

Lease Terms:

The premises are available on a new lease at an asking rent of £25,000 per annum to include the flat above. Full terms to be agreed and the ingoing tenant will be responsible for the landlord’s legal fees in the preparation of lease.

Leasehold Rent:

£25,000 per annum

Location:

This business is located in the heart of the City Centre, close to The Bridges Shopping Centre, Civic Centre, Park Lane Transport Interchange and railway station. This part of town has a mixture of retail, hospitality and leisure occupiers and is opposite The Point Live Music Venue and close to a number of other bars.

Premises Details:

This long-established business has been operated by our client for over 40 years but is now on the market as they wish to retire.

The premises are configured to a sales and service space at the front with an extensive prep and fully equipped bakery facility to the rear. There is access for deliveries from the rear of the building.

The current menu is broad and includes traditional bakery savouries and sweets plus a range of ready meals. Meals include chicken curry, lasagne and cottage pie and all the products are made on the premises. The ready meal products are particularly popular on a Friday and Saturday night where the site trades until 4am servicing the nightlife customers.

This shop has a loyal customer base, reflected by the high turnover, and positive feedback via social media. The shop has a 5* rating from the local authority food hygiene department and is extensively fitted and equipped for the trade. Viewing is recommended

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday - Thursday 7am - 7pm
Friday & Saturday 7am - 4am
Sunday closed

Employees:
Currently operated by our client with the help of 9 members of staff.
Years established:
40+ years