Restaurant/cafe for sale in 10 Moores Walk, Saint Neots PE19

Fixed price £320,000 (£320,000/sq. ft)
Restaurant/cafe for sale 1 sq. ft*
Interested in this property? Call +44 1204 911870 * or Request Details

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Property description

Well established traditional bakers – cambridgeshire
Situated in the busy town of St Neots
Genuine reason for sale
2 x delivery vehicles
Great Reputation

Leasehold


Location
The business consists of to shop locations - The shop in St Neots is situated on a main road of the shopping high street in St Neots which is the largest town in the Cambridgeshire, England. It lies on the River Great Ouse in the Huntingdonshire District, and is 15 miles west of Cambridge and only 49 miles north of central London. It is accessed via the B1041 connecting to the A1 and beyond. This shop provides all the bakery products for the second shop approximately 9 miles away in Bedford and is located in the heart of the town. Bedford is approximately 11 miles from the M1.

Business History
Meridian Business Sales are pleased to offer to the market this traditional bakery business, consisting of two shops which were established by our client in 2004. Our client is reluctantly offering the business to the market due to their desire to take well deserved retirement. Since the business was established our client has continually added new lines and income streams which have enhanced the business massively. Our client informs us that they currently generate a respectable annual turnover which is derived from the sale of a wide range of home baked products including bread, pies, cakes and the shop has a café area which offers hot and cold drinks and associate café fayre. Our client also caters for private functions and has a strong reputation within the local communities and together with the superb location of the business enjoys a large daily passing trade and high footfall. Our client offers a delivery service which could be extended which may increase income. The business is owner operated with 8 part time staff and would ideally suit a partnership and could afford a good standard of living. Benefiting from a professional website this is an ideal opportunity to purchase a well reputed, established business, which is a great base to build upon, and as such early viewing is strongly recommended.

Tenure
We are advised leasehold
Original length: 10 years
Remaining: 4 years
Review: 4 years
Rent: £950pm

Opening Hours
Monday to Friday: 8:00am – 4:00pm
Saturday: 8:00am – 4:00pm

Bakery Nightshift
Monday to Saturday: 9:00pm – 5:00am

accomodation – St Neots
Double glazed frontage, well signed, with secured access to:

Sales area with chilled display units with serving counters, 2 x refridgerators, 2 x 2-door drinks chiller, 1 x1-door drinks chiller, coffee machine, microwave and toaster.
Bakery – Fully equipped for business:
Dough machines, bakers oven, commercial mixer, large fryer, moulder, sealing machine, bain marie, stainless steel preparation tables, canopy and double bowl sink unit.
Store room

WC

external


Large store room
Freezer room with 2 x chest freezers
Small seating area to the front of the shop
Private parking
Off road parking

accomodation – Bedford
Retail area with window display, shelving, display units with serving counters, drinks chiller, chilled sandwich bar, oven, panini machine, fryer, freezer, tall display cabinet, stainless steel preparation tables.
Preparation room with 4 burner hob, refrigerator, stainless steel sink unit, wash hand basin, preparation area, double upright freezer, shelving and racking, WC with wash basin

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Meridian Business Sales Ltd, BL1 on +44 1204 911870 * (local rate)

Contact Meridian Business Sales Ltd about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Meridian Business Sales Ltd, and do not constitute property particulars. Please contact Meridian Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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