RETAIL BAKERY AND CAFÉ BUSINESS
POPULAR AND WELL-ESTABLISHED BUSINESS
EXCELLENT LOCATION ON NORTH STREET
LOW RENT OF ONLY £23,000 PAX & LOW BUSINESS RATES
PREMISES LICENCE UNTIL 2300 7 DAYS PER WEEK
FULLY FITTED AS A BAKERY AND CAFE
An excellent opportunity … Mark's Bread is a retail bakery and café and is to be offered for sale (Price On Application). Turnover is approximately £700,000 per annum and there is scope to increase revenue and grow the business further and to build upon the existing loyal following. The property provides a unique opportunity as a fully turnkey operation in the heart of Southville. Full details of accounts etc. can be made available upon request.
REASON FOR BUSINESS SALE
The business is available for sale because the owners are reaching retirement age. The business has a loyal following and is well known to both locals and tourists to Bristol. The existing owners would love to see the business grow even further following their retirement.
The premises benefits from an alcohol license until 2300 7 days per week, details of which can be made available upon request.
In accordance with the RICS Property Measurement Standards (6th Edition, Jan 2018) the property has the following approximate Net Internal Area:
Ground and First Floor: 1,663 sq ft 154.54 sq m
The property is available by way of an assignment of an existing full repairing and insuring lease for a term of five years from August 2018. The landlord will also give consideration towards a new lease, the terms of which are to be negotiated. A copy of the lease documents can be provided upon request.
The property is offered at the current passing rent of £23,000 per annum.