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Advert Ref: C1013

Freehold Bakery In Gillingham For Sale

  • Gillingham, Kent
Asking price:
£299,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed


PRIME LOCATION
RETIREMENT SALE
SAME HANDS 36 YEARS
SUBSTANTIAL PREMISES
HUGE POTENTIAL

LOCATION
Prominently situated forming part of a comprehensive parade, fronting Gillingham High Street serving a densely populated residential area and drawing trade from over a wide catchment area including schools and colleges. There is also a large sports centre close by.

BUSINESS
This is a well established business which has been in the present hands for 36 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.

TURNOVER
£4,000 PWK @ 72% G.P.

STAFF
2 Owners and 4 Full timers plus 4 part timers. WAGES - £105,000 P.A.

HOURS
7.30am – 5.00pm Mon to Fri
7.30am - 4.00pm Sat (Closed Sun)

PREMISES
Mid parade premises with single frontage and single entrance to: Retail Area: 500 sqft. 5 Serve over counters, elect till. Bakery Area: roll divider, Kemper spiral mixer, proover, 80 qt mixer, 4 deck oven, racking shelving, st/stl worksurfaces, bain marie, small oven. Cellar: store Room. walk in coldroom. 6 chest freezers (Full inventory of equipment available) First Floor: Store Room: Pastry Room: Office: Staff Room: 2 Sep W.C’s. Second Floor: 2 Rooms Sep. W.C and basin. Note: Could possibly convert upper floors into living accommodation.

TENURE
FREEHOLD

EPC RATING
TBA

BUSINESS RATES
Nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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