Bakery For Sale

 Stanmore, HA7
Asking Price £120,000

Property Information

  • Reference number glenmore_965748988-glenmore-NEW_1605698272
  • Property Type Retail
  • Furnishing Furnished
  • Secure Car parking Yes
  • Tenure Leasehold
  • Sale classification Below Market Value
  • Current Occupant Vendor


Stanmore, HA7


  • Income £210,000 per annum with good margins
  • Highly visible parade location, presented in good condition
  • Rent £30,000
  • Rate £7600

Property description

Well used and well established bakery and delicatessen which is located in a sought after and affluent area of Middlesex within the main town centre. The area surrounding the business is a densely populated residential area with many residents commuting into central London each day.

The business occupies a parade location on the busy high street amongst other independent retailers and national chains. The business has an excellent trading position with good road side signage and is fitted to a good standard throughout.

The area in general is busy throughout the day with passing footfall, although the vast majority of the income generated each week comes from a regular lunchtime trade during the week whilst the bakery is extremely busy on Fridays and the weekends.

The business was originally established by our client 19 years ago and he still has a day to day involvement in running the business. Since being established, our client has built up a loyal and regular customer base, not only locally but also further afield due to the quality hand made products, such as cakes and breads, many of which are Kosher.

We are advised that the business is held on a 15 year lease which commenced in 2015.

Viewings: Strictly by prior appointment with Glenmore Property Services. Please call our office on 02089045040 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 annual rent is £30,000.00  Rent reviews are at 5 yearly intervals.

Rate £7,600

Turnover £4000 - £4500

This is a superb opportunity to purchase a destination bakery and delicatessen which benefits from loyal and regular customer base although still has genuine growth for any new owner.

Tenure  : Leasehold

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