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Leasehold Bakery Charming Village Near Maidstone For Sale

Maidstone, Kent, UK
Asking Price:
£83,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

UNOPPOSED
SAME HANDS 37 YEARS
RETIREMENT SALE
HUGE POTENTIAL
TURNOVER £4,000 PWK
2 BED FLAT (LET PRODUCING £675 PCM)

LOCATION
Prominently situated forming part of a small parade, fronting a busy street in the centre of this charming village, located some 3.5 miles from Maidstone and drawing trade from over a wide affluent catchment area.

BUSINESS
This is a well established business which has been in the present hands for 37 years and which is now only being marketed as a result of the vendors wish to retire. Tremendous potential exists to significantly develop the business, especially with the introduction of a coffee shop, outside catering, deliveries and celebration cakes.

TURNOVER
Sales £4,000 PWK

STAFF
3 Full time Bakers 3 Part timers

HOURS
6.30am to 2.00pm Mon to Sat (Closed Sun)

PREMISES
Mid parade premises with single frontage and single entrance to: Retail Area: Serve over counter, elect till, 2 group espresso machine (Rented), heated display cabinet, upright chiller. Bakery Area: Roll divider, 3 mixers, proover, 4 deck oven, racking, shelving, st/stl worksurfaces, bain marie, pastry brake, french stick moulder, 2 bread slicers, double deep st/stl sink, 2 freezers, 2 fridges, 4 ring hob, chest freezer. Lobby: Sep W.C and w/basin. OUTSIDE - Yard: Single Garage:
LIVING ACCOMMODATION
2 Bedroom Flat included (Currently let on an AST producing £675 PCM)

TENURE
Current lease expires on 21st February 2027 (New lease available) RENT £16,000 P.A. (4 year reviews)

EPC RATING
TBA

BUSINESS RATES
Nil currently payable

Property Information

Property:

Leasehold

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