Highly rated Café/Bakery in Royal Leamington Spa

£89,950  

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Property Details

City Business Brokers is 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 clients hands since 2019.

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

The business operates from a three storey, single fronted premises with customer parking to the front and has internal seating for 4 and potential for up to 4 seats externally. The premises is well equipped with ovens, provers 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!!

A 10 year lease is now in place with the rent at £28,000 per annum and rates of £1920 pa

A new lease is available.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please contact Kevin Stokes on 0121 232 4686 /07775903332

Note: Library images may have been used for display purposes

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