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Traditional Bakery With 3 Bedroom Maisonette For Sale

Frinton-on-Sea, Essex, UK
Asking Price:
£39,000
Turnover:
£200K - £500K
Net Profit:
Under £50K

Just reduced traditional bakery with 3 bedroom maisonette
price: £39,000 plus sav– leasehold
location – seaside town – north essex

traditional bakery & sandwich bar takeaway with a 3 bedroom masonette located on the main shopping parade within the town centre
of this north essex costal town which is surrounded by major retailers. The business has been established since the 1960’s and has been operated by our clients under the same ownership for 18 years who has now brought it to market with a genuine reason for sale due to retirement. We are advised takings average in excess of £4,000 per a week working to a high gross profit margin of approximately 61% with huge scope to further increase revenues especially as the business is cash only/no card machine. The premises are held on a secure lease at a current rental of only £15,600 per annum exclusive, inclusive of the accommodation and benefits from zero business rates payable (for qualifying business owners). We feel this is an ideal business opportunity that offers plenty of potential so an early viewing is advised by sole agents.

Property Information

Property:

Leasehold

Leasehold Rent:

£15,600 per annum

Living Accommodation:

FIRST & SECOND FLOOR -

A street level separate entrance door leads to the stairwell serving both the bakery and the accommodation.

OFFICE measuring approximately 136 sq. ft. leads to a good-sized STORE ROOM measuring approximately 215 sq. ft. of which both could serve as living space and an additional bedroom.

ACCOMODATION – currently arranged as a split-level landing with a Family Bathroom, Toilet with 3 steps leading to a good-sized Kitchen and a separate large Living Space. Stairs leading to SECOND FLOOR which accommodates a Master Bedroom, good sized Double Bedroom and a Small Double.

Size in square feet:
1,635

Business Operation

Years established:
65