Falconwood Parade, Welling, DA16

For Sale - £495,000

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  • LONG ESTABLISHED BAKERY
  • TOGETHER WITH A SELF CONTAINED 3 BED FLAT
  • IN THE HEART OF A BUSY NEIGHBOURHOOD SHOPPING CENTRE
  • RETAIL FLOOR AREA APPROACHING 400 sq ft + OUTSIDE BAKEHOUSE
  • OFFERED AS GOING CONCERN OR VACANT

LOCATION:
Falconwood Parade is a busy neighbourhood shopping centre which is located within a densely populated residential area around a mile from Welling town centre. Other businesses within the immediate vicinity include a Co-op Food store, a news agent, an education centre, a restaurant and other take away outlets plus a number of other independent and specialist operators. The shops overlook the recreational facilities at Falconwood Park.

Welling has its own mainline train station with services in to both London Victoria and Cannon Street with a journey time of approximately 35 - 40 minutes.

For customers using the parade there is ample kerbside parking.

DESCRIPTION:
The property is that of a ground floor lock-up retail unit with an external bakehouse and garage together with a three bedroom flat arranged over the first and second floors. Windmill Bakery occupies the ground floor only and has frontage overlooking Falconwood Park.

A single entrance door leads in to the main retail area of approximately 200 square feet. At the rear, in the right corner is a door leading through to a kitchen / preparation room of 150 square feet. A door from here leads out to the rear yard and the bakehouse which is approximately 380 square feet. Adjoining the bakehouse at the rear is a garage (18'08'' x 11'08'')

The accommodation can be accessed via its own entrance door at the front of the building.

Windmill Bakery has been established for many years and has been in the hands of our clients, who are now looking to move abroad, for the past 25 years.

The business is run as a traditional bakery serving the needs and requirements of the surrounding residential area. Income is also generated by a delivery/wholesale service. Windmill Bakery is owned and operated by two working owners who are assisted in the day to day running of the business by one full time member of staff and several part time assistants. The shop is open 7.30am - 5pm Monday though to Friday and on Saturday 7am - 2.30pm.

ACCOMODATION:
A 3 bedroom flat accessed via an entrance door at the front of the property. Stairs lead up to a main landing where there are further stairs up to the second floor plus doors leading to:

Lounge 11'02 x 11'05''
Kitchen 9'01''x 7'01''
Bedroom 1 14'08''x 10'08''
Bathroom

Second floor

Bedroom 2 8'06 x 5'05'' plus 9'08''x 12'10''
Bedroom 3 8'03 x 6'10'' plus 4'11'' x 7'01''

We understand that the flat is currently let to friends of the owners at a rental of £850pcm.

TRADING INFORMATION:
At the time of our inspection we were able to discuss recent trading levels with our client who advised us the weekly sales average was around £3,000 (GP 66%) of which £600 was income from wholesale. Interested parties are advised to confirm these figures when viewing.

ADDITIONAL COMMENTS:
In our opinion we feel that this opportunity would suit either an owner operator or someone or who wishes to start their own business in a popular and sought-after area.

TENURE:
We understand that the property is freehold.

EPC: Shop - C 69 / Flat - D 63

RATES:
We understand that the rateable value is £5,400 per annum with rates payable of £2592.00 per annum. Interested parties are advised to make their own enquiries with the relevant council.

LEGAL FEES:
Each party are to be responsible for their own legal costs

VIEWING ARRANGEMENTS:
No direct approach may be made to the property / business. For an appointment to view, please contact the agent.

Hummerstone & Hawkins
144 Welling High Street
Welling, DA16 1TN

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.