Leasehold Bakery & Cafe For Sale

Business description

Bag a Business is delighted to offer to the market this quality, leasehold bakery in London. The bakery has been in the careful ownership of our client since 2001, during which time he has refurbished the trading area bringing it to the high standard it enjoys today. The business is only now being offered to the market due to his strong desire to retire. The bakery's prominent trading position produces high levels of footfall, which consequently generates all year round trade. Currently the bakery generates an annual turnover in the region of £624,000 with a gross profit margin of 65%. In addition to the shop sales the bakery has established daily bread orders from direct customers and also boasts a 40 cover coffee shop through which it sells sandwiches, rolls and cakes. All of the bakery goods are made fresh on the premises by the bakers and pastry chefs, who are employed by our client. Bag a Business recommend early viewing to appreciate the quality and scope for growth of this thriving business.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original lease length 25 years
Remaining lease length 8 years
Review every 5 years
Rent £27,000 per annum

Living accommodation:

ACCOMMODATION DETAILS Ground floor, open plan retail unit, briefly comprising: GROUND FLOOR Front entrance leading to open plan trading area with: Ceramic tiled flooring Suspended ceiling with halogen lighting Tasteful decor throughout Large glass fronted chilled display cabinet approximately 6 metres in length Espresso coffee machine Commercial grade dishwasher Fixed tables and chairs to seat 40 Wall shelving to display bakery goods Bread slicing machine Counter with cash register W/Cs Storage room Bakery comprising: 5 stack bread oven 6 stainless steel upright refrigerators 3 heavy duty professional dough mixing machines Central stainless steel preparation tables Stainless steel sinks Dry store area Mezzanine floor for further storage

Location:

The bakery is ideally located on Cricklewood Broadway, one of the main arterial routes into London. The area offers good schools, hospitals and both affordable and period housing. The area has strong community ties and is becoming a popular choice, for young families and the more mature, in which to live . There are also good road and tube links into the city.

Other information

Trading hours:

7 days a week: 5.00am - 11.30pm

Contact the seller

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