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Bakery With Accommodation In Portslade Sussex For Sale

Portslade, East Sussex, UK
Asking Price:
£55,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The bakery is located on a prominent corner location in a buoyant and successful parade of shops in Portslade. The current vendors bought the bakery 35 years ago and during this time they have created an excellent goodwill and have received exceptional reviews on Yelp and Google Reviews. They have established an excellent reputation for offering high-quality fresh bread, pastries and cakes. The flat can also be sublet or used for owner occupation. At present the bakery is only being run as a shop to serve the local community, however there is enormous potential to expand on this and deliver to businesses in Brighton & Hove, such as cafes, restaurants and shops etc, which the current vendors use to do.

Property Information

Property:

Leasehold

Lease Terms:

A new 12-year full repairing and insuring lease will be granted at a commencing rental of £15,000 per annum, with 4 yearly upward only rent reviews.

Living Accommodation:

The premises also includes a large 3 bedroom flat, which consists of 2 double bedrooms, 1 single bedroom, a lounge, family bathroom and kitchen. There is also a large garden to the rear of the premises. Access to the flat is adjacent to the shop.

Location:

The bakery is located on a prominent corner location in a buoyant and successful parade of shops in Portslade.

Premises Details:

The bakery is located on a prominent corner location in a buoyant and successful parade of shops in Portslade. The current vendors bought the bakery 35 years ago and during this time they have created an excellent goodwill and have received exceptional reviews on Yelp and Google Reviews. They have established an excellent reputation for offering high-quality fresh bread, pastries and cakes. The flat can also be sublet or used for owner occupation. At present the bakery is only being run as a shop to serve the local community, however there is enormous potential to expand on this and deliver to businesses in Brighton & Hove, such as cafes, restaurants and shops etc, which the current vendors use to do.

Planning Consent:

A1 retail

Business Operation

Expansion Potential:

yes

Reasons for selling:

retirement

Trading hours:

trades 7am-4pm Monday-Friday and 7am-3pm on Saturday

Years established:
35 yeas

Other Information

Support & training:

yes

Related Documents:

Contact Watkins Commercial

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