Price £75,000
SUCCESSFUL LEASEHOLD MARKET TOWN BAKERY / COFFEE SHOP situated in NEWENT, a THRIVING BUSINESS with a TURNOVER close to £250,000, FULLY EQUIPPED and being SOLD AS A GOING CONCERN, PLUS STOCK AT VALUATION.
Entrance into:
Main Shop Area - 12.19m x 4.57m overall (40' x 15' overall) - Coffee shop area, various display cabinets, shelving, tables, chairs etc. Steps lead up through to:
Preparation Room - 4.50m x 4.17m (14'9 x 13'8) - Stainless steel double bowl sink unit with single drainer, preparation areas, mixers, shelving etc. From here, a further opening leads through to:
Main Bakery - 8.84m x 5.05m narrowing to 4.47m (29' x 16'7 narro - Preparation tables, mixers, ovens, trays, trolleys, fridges / freezers etc., two side aspect windows, door to the outside. Door to:
Inner Hallway -
Cloakroom - Close coupled WC, wash hand basin, tiled splashback.
Separate access to the rear to:
Store - 3.78m x 2.54m (12'5 x 8'4) - Freezers and shelving.
Staffing - The owners plus one full time and two part time.
Hours Of Business - Monday to Friday - 7 a.m. to 3 p.m. Saturday - 7 a.m. to 2 p.m.
Lease Information - Newent - £10,000 per annum.
Five year lease with four years remaining.
The lease is renewable.
Turnover Figures - 2025 figures - approaching £250,000 per annum. Adjusted net profit circa £43,000. For more information, please contact our office.
Agent's Note - Detailed accounts are available from our Newent office.
A full list of fixtures and fittings will be available from our Newent office.
The price does not reflect the stock at valuation.
Services - Mains water, electricity and drainage.
Water Rates - Severn Trent - to be confirmed.
Local Authority - Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.
Directions - From our Newent office, proceed along the High Street in the direction of the Market House and the premises can be found on your right hand side.
Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).
Awaiting Vendor Approval - These details are yet to be approved by the vendor. Please contact the office for verified details.
Newent Office
4 High Street
Newent
Gloucestershire
GL18 1AN
Sales
Tel: 01531 820844
newent@stevegooch.co.uk
Lettings
Tel: 01531 822829
lettings@stevegooch.co.uk
Coleford Office
1 High Street
Coleford
Gloucestershire
GL16 8HA
Mitcheldean Office
The Cross
Mitcheldean
Gloucestershire
GL17 0BP
Gloucester Office
27 Windsor Drive
Tuffley
Gloucester
GL4 0QJ