The Glenwood Bakery For Sale

R2,000,000.00

Glenwood, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4243
Asking Price : R2,000,000.00
Ownership : Freehold


Description

Monthly Net Profit: R70,000

Rent: R10,077 per month
Escalation: 8% per annum
Lease Details: Yearly Renewable
Store Size: 80m²
Seating: 35
Trading Hours: Mon – Fri: 06h00 – 15h30; Sat & Sun: 06h00 – 13h00; Mon & Tues Evenings: 17h00 – 20h00

Non – Franchised. Manger run. The Glenwood Bakery has become synonymous with artisanal bread. Working from a very limited space in the back of the bakery, and starting from 3.30am, the owner and his team prepare breads made from locally milled, unbleached stone ground flour and their aged mother starter. Between 10am and 3pm you can snack on gourmet sandwiches, filled to bursting with fresh ingredients like Midlands cheeses, roast tomatoes, aubergine, cold chicken, hard cheeses, served on rye, ciabatta or rosemary and potato bread. Very good trading hours. Great opportunity to trade in the evenings.

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Contact the Agent

Billy Constantinou » +27 83 250 2013
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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