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Established Café /bakery In Royal Leamington Spa In Leamington Spa For Sale/lease For Sale

Leamington Spa, Warwickshire, UK
Asking Price:
£50K - £100K Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
Available on request

We are pleased to bring to the market this family-owned Bakery and Café centrally located in Royal Leamington Spa.

The business has been established for many years and has been in our client's hands since 2019.

The business is located amongst other retail businesses attracting very high footfall. The bakery and café are privately owned and create their own high-quality products which are baked fresh on the premises each day.

The business operates from a three-story, single-fronted premises with customer parking to the front and has internal seating for 4 and the potential for up to 4 seats externally. The premises are well equipped with ovens, proofs, and racking which are all included in the sale price.

The business enjoys an annual turnover of circa £150000 pa with good profits. There is also further scope to develop the business by opening on additional days and extending the product range, further external catering should also be explored due to the preparation area above the shop.

The premises above the café can be sublet for either office or living accommodation as well extra catering facilities .. good extra rental!!

The business comes with a current lease of 10 years with the rent at £28000 per annum and rates of £1920 pa.

All the above information is provided by the seller.

Note: Library images may have been used for display purposes.

Property Information

Property:

Leasehold

Lease Terms:

Current lease of 10 years is in place

Leasehold Rent:

£28,000 per annum

Location:

City Centre

Premises Details:

3storey premises

Business Operation

Expansion Potential:

External Catering - big possibilities

Reasons for selling:

Emigration

Employees:
3
Years established:
2019