£39,995
Retail premises for saleHarrow HA1
Furnished
About this property
Current Occupant: Vendor
An excellent opportunity to acquire a well-established cake shop business occupying attractive furnished commercial premises in a prominent and well-connected location.
The business currently generates weekly sales of approximately £1,400–£1,600 and benefits from an established customer base and regular passing trade. There is significant scope to increase turnover through an expanded product range, bespoke celebration cakes, enhanced online marketing, delivery services and catering opportunities.
Key Details
An attractive opportunity for an experienced baker, entrepreneur or investor seeking an established food business with immediate trading potential and opportunities for expansion.
Early viewing is highly recommended.
All particulars are provided in good faith but without responsibility. Measurements, areas and other information are approximate and should be independently verified. Prospective purchasers must satisfy themselves as to the accuracy of all information and the availability of any necessary planning, licensing or other consents.
Viewings Strictly by prior appointment with Glenmore Property Services. Please call our office on to discuss your requirements or to arrange a viewing.
Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £5,000. The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion.
These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact.
Money laundering regulations To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.
The business currently generates weekly sales of approximately £1,400–£1,600 and benefits from an established customer base and regular passing trade. There is significant scope to increase turnover through an expanded product range, bespoke celebration cakes, enhanced online marketing, delivery services and catering opportunities.
Key Details
- Weekly sales of approximately £1,400–£1,600
- Rates: Nil
- Rent: £1,500 per month
- Lease Term: 10-year lease
- Lease Term Remaining: 9 Years
- Rent Review: Every 4 Years (This is line with the break Clause)
- Asking Price: £60,000
- Operating Hours: 11AM - 8PM Monday to Saturday | Sunday - 11AM - 6PM.
- Landlord Solicitor Fee to be split 50/50 buy Potential Buyer and Seller.
An attractive opportunity for an experienced baker, entrepreneur or investor seeking an established food business with immediate trading potential and opportunities for expansion.
Early viewing is highly recommended.
All particulars are provided in good faith but without responsibility. Measurements, areas and other information are approximate and should be independently verified. Prospective purchasers must satisfy themselves as to the accuracy of all information and the availability of any necessary planning, licensing or other consents.
Viewings Strictly by prior appointment with Glenmore Property Services. Please call our office on to discuss your requirements or to arrange a viewing.
Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £5,000. The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion.
These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact.
Money laundering regulations To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.
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Monthly repayment
£200 per month
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