Bakerlile - News

ENERGY PERFORMANCE CERTIFICATES EXPLAINED...
From 1 October 2008 any building sold, let or constructed will need an Energy Performance Certificate (EPC), unless it was put on the market before that date. Thanks to a recent amendment, properties put on the market before 1 October now have until 4 January 2009 to provide an EPC. This impacts on three categories of property. Since 1 July buildings with a floor area exceeding 2,500m2 have needed an EPC when sold, let or constructed. However, for those put on the market before 1 July a period of grace was granted until 1 October. This has recently been extended until 4 January 2009. The same has applied to buildings larger than 10,000m2 since 6 April, though if they were put on the market before this date then again, a period of grace was granted until 1 October. This too has been extended until 4 January 2009. From 1 October those with a floor area smaller than 2,500m2 will need an EPC. If they were marketed before that date, they have until 4 January 2009 to obtain one. Residential and commercial buildings – whether shops, offices, factories or workshops –need one, unless they qualify for exemption (exemptions are outlined later on). In some instances business owners will need a separate EPC for any residential accommodation attached. For our FULL GUIDE & THE GOVERMENTS GUIDE Click on our Latest Brochure link at the top right of this page

THE MILLION POUND CAFE SALE
BakerLile Business Agents & Valuers are pleased to announce the sale of Lilly Pool Café which was situated near Cheddar Gorge in North Somerset. The Property comprised a detached cottage with gardens, cafe with outside trading area, farm shop and children’s play area. The business was sold off an asking price of £1,000,000 and also included paddocks, gardens & woodland. BakerLile where instructed to sell the business on a confidential basis with no advertising to take place in order to maintain a fully confidential sale. Vickie Middle (Regional Director of BakerLile) said “Lilly Pool Farm is a great example where BakerLile can sell businesses on a confidential basis with no advertising. The purchasers Mr and Mrs Kemp from Kent where one of over 10,000 applicants Bakerlile has registered and this business was matched to her requirements” Further information on selling your business on a confidential basis is available from BakerLile and you can contact Vickie Direct on 0844 800 0418.

BakerLile Opens A New Regional Office
Bakerlile Business Agents & Valuers are pleased to announce the opening of a new regional office in Lincoln. The new regional office was established in Lincoln as BakerLile has already a reputation as one of the leading business transfer agents in this area. This regional office will handle the sale and acquisition of business in Yorkshire, Nottinghamshire and Lincolnshire. The New Office is headed up by Keith Thomas, Regional Director for Yorkshire, Nottinghamshire & Lincolnshire. If you are considering selling or buying a business in these counties you can contact Keith direct on 0844 800 0418 or email lincoln@bakerlile.com

SOLD - LINCOLNSHIRE PUBLIC HOUSE
BakerLile Business Agents & Valuers is pleased to announce they have sold ‘The Duke Of Welligton’ situated in the seaside town of Grimsby (Lincolnshire) The Duke Of Wellington is a substantial Town Centre Public House which benefited from an open plan trading area, customer car park and three bedroom owners accommodation. The Duke Of Wellington was sold off an asking price £39,950 to a first time buyer From Northamptonshire through Selling Agents BakerLile. For further details, please contact BakerLile on 0870 8504208 or register online at www.bakerlile.com

SOLD - VILLAGE STORE
BakerLile Business Agents & Valuers is pleased to announce they have sold ‘Whitehill Stores situated in a picturesque village midway between Portsmouth (Hampshire) and Guildford (Surrey). The property benefited from three bedroom owners accommodation and had a retails sales area of approximately 740 sq ft. The Business was run as a traditional village general store and had scope to be developed by an incoming purchaser. Whitehill Stores was sold off an asking price £39,950 to a first time buyer through Sole Selling Agents BakerLile. For further details, please contact BakerLile on 0870 8504208 or register online at www.bakerlile.com

SOLD - WILTSHIRE FREEHOUSE
BakerLile Business Agents & Valuers is pleased to announce they have sold ‘The Barleycorn Inn’ situated in a picturesque village midway between Marlborough (Wiltshire) and Andover (Hampshire). The Barleycorn is a Handsome 18 Century Coaching Inn which boasts a wealth of character. The main building which is predominately two storeys, benefits from two distinctive trading areas on the ground floor with one being used as a formal restaurant. On the first floor there is owner’s accommodation and three letting rooms. The Inn also benefits from a customer car park, trading gardens and a detached barn. Family run the business was well supported by the locals and also enjoyed a high level of passing trade. Jason Lile of BakerLile commented ‘The Barleycorn Inn is a fine example of a well run village Freehouse. Our clients David and Heather Wheeler instructed us to market the business to both the corporate and private sectors and multiple offers where received on their behalf ‘. The Barleycorn was sold off an asking price £595,000 to W.H.Brakspear and Sons plc through Sole Selling Agents BakerLile. For further details, please contact BakerLile on 0870 8504208 or register online at www.bakerlile.com

SOLD - TOWN CENTRE PUB
BakerLile Business Agents and Values are pleased to announce the sale of The Brewery Tap which was a substantial public house in Reading Town Centre. The Brewery Tap was an attractive three storey public house which incorporated four separate trading areas, Owners Accommodation and a staff flat. The business was sold leasehold on a Punch Taverns Lease to a First Time Buyer who was from the Berkshire area. Jason Lile of BakerLile Business Agents & Valuers commented ‘The Brewery Tap appealed to many potential purchasers due to its Reading Town Centre location and established trading history. We attracted a high demand for this business with multiple offers received’. If you are considering selling your public house, contact BakerLile Business Agents who will be delighted to provide you with free marketing advice.

SOLD FOR THE ASKING PRICE!
BakerLile Business Agents have done it again! Relish The Thought Cafe in Staines Town Centre was placed on the market with BakerLile. The Cafe, which benefited from a main road trading position received a high level of interest and was sold for the asking price. Keith Thomas from BakerLile's Licensed Trade Division commented "The demand in the licensed restaurant and cafe market remains at a high level. We are still finding that the demand is still outstripping the supply of quality businesses being placed on the market. If you are considering selling your business, contact BakerLile Business Agents who will be delighted to provide you with free marketing advice.

SHOPPING CENTRE CAFÉ SOLD
BakerLile are pleased to announce the sale of Platters Cafe which was situated in shopping centre complex in Bedford Town Centre. The Café was owned by a corporate client and was run under management. A high level of interest was shown in the business and multiple offers where received by BakerLile. The successful purchaser bought the café to run as an owner operator. If you are considering selling your business, contact BakerLile Business Agents who will be delighted to provide you with free marketing advice.

BakerLile Opens A New Regional Office In Devon
Bakerlile Business Agents & Valuers are pleased to announce the opening of a new regional office in Exeter, Devon. BakerLile has already been successful in selling businesses throughout the South West operating from there exciting regional offices in the Home Counties & Bristol. The New Office opened in November 2005 and is headed up by Vickie Middle Regional Director for the South West. If you are considering selling or buying a business in the South West Peninsular you can contact Vickie direct on 01934 614800 or email southwest@bakerlile.com

CENTRAL LONDON SANDWICH BAR SOLD!
BakerLile are pleased to announce the sale of Pickles Sandwich Bar which was situated close to the houses of parliament in Westminster, Central London. The business had been established and run by our clients for in excess of 12 years. BakerLile where instructed to sell the leasehold interest which was achieved with the purchaser being a multiple operator with a number of business in the city. If you are considering selling your business, contact BakerLile Business Agents who will be delighted to provide you with free marketing advice.

SHOP SOLD WITH CHANGE OF PLANNING USE
BakerLile Business Agents and Values are pleased to announce the sale of this vacant shop and flat which was situated in Grimsby in North Lincolnshire. The property received a high level of interest and multiple offers where received. The property was vacant and had A1 planning use. BakerLile where instructed to sell the business freehold on behalf of there client. The store was marketed to both the retail and licensed trade markets with the successful purchaser acquiring the premises to open a business under the A3 planning use which was obtained on the property from the local authorities planning department before the sale completed. The store was sold as vacant freehold with the purchaser opening a new takeaway business. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail or Licensed Trade Divisions on 01908 307070.

BUSHY POST OFFICE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of Bushy Sub-Post Office which was located in Bushy High Street just south of Watford in Hertfordshire. The business was owned leasehold by our client who was selling following a partnership split. BakerLile received a high level of interest for the business from both first time buyers and existing Sub Post Masters with the eventual buyer entering business for the first time. The Post Office was sold as a going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

NEWSAGENTS SOLD FOR ASKING PRICE
BakerLile Business Agents and Values are pleased to announce the sale of this newsagents which was situated in Wombwell in South Yorkshire. The business received a high level of interest and multiple offers where received. The business was SOLD for its asking price. The store was sold as freehold going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

CLOSED WINE BAR SOLD
BakerLile Business Agents and Values are pleased to announce the sale of the leasehold interest of this Wine Bar which was situated in the Town Centre of Stroud in Gloucestershire. The property was a closed Wine Bar and BakerLile where instructed to assign there clients Leasehold interest. The store was marketed to both the retail and licensed trade markets with the successful purchaser acquiring the premises to open as a café/Wine Bar. The store was sold as Leasehold vacant premises. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

CONVENIENCE STORE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of the leasehold interest of this retail store which was situated south of Enfield Town Centre in Middlesex. The business was owned freehold by our client who was retiring from the trade. BakerLile where asked to sell the business leasehold so the client could retain the investment. A tenant was found in a short space of time that was issued a new 15 year lease. The store was sold on a new Lease as a going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

CONVENIENCE STORE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of this village convenience store which was situated in the village of Billy Row, County Durham in the North East of England. The business was owned by our client on a leasehold basis. BakerLile where instructed to find a buyer to take over the leasehold interest in the business. The store was sold leasehold as a going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

VILLAGE POST OFFICE & GENERAL STORE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of this rural Post Office and village General Store which was situated in a picturesque Northamptonshire Village. The business was owned by our client as a Lock up freehold and he had being trying to sell for over three years before instructing BakerLile. BakerLile successfully sold the business within six months of being instructed to applicants who lived in the county. The store was sold freehold as a going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

GENERAL STORE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of this General Store which was situated on a residential housing development in the sea side town of Clacton On Sea in Essex. The business was owned leasehold by our client who where looking to relocate abroad. The business was sold to a local couple who had registered with BakerLile looking for a business in the East Anglia Area. The store was sold for its asking price as a leasehold going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

POST OFFICE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of this modified Sub-Post Office which was located in Wallasey on The Wirral. The business was owned freehold by our client who was looking to retire from the Post Office after over 20 years service. BakerLile where asked to sell the business leasehold so the client could retain the investment. A tenant was found in a short space of time who was issued a new 20 year lease. The store was sold for its asking price on a new Lease as a going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

GENERAL STORE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of the leasehold interest of this retail store in the London Borough of Hackney. The business was owned freehold by our client who was looking to relocate his family to America. BakerLile where asked to sell the business leasehold so the client could retain the investment. A tenant was found in a short space of time who was issued a new 15 year lease. The store was sold on a new Lease as a going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

VACANT SHOP SOLD
BakerLile Business Agents and Values are pleased to announce the sale of the leasehold interest of this retail store in Send near Woking in Surrey. The property was a closed video store and BakerLile where instructed to assign there clients Leasehold interest. The store was marketed to both the retail and licensed trade markets with the successful purchaser acquiring the premises to open a restaurant. The store was sold as Leasehold vacant premises. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

CONVENIENCE STORE SOLD
BakerLile Business Agents and Values are pleased to announce the sale of this Londis convenience store which was situated in Luton, Bedfordshire. The business received a high level of interest and multiple offers where received. The business was SOLD for its asking price. The store was sold as freehold going concern. If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Retail Trade Division on 01908 307070.

TAKEAWAY BUSINESS SOLD
BakerLile Business Agents and Values are pleased to announce the sale of the Rice Bowl which was situated close to Reading Town Centre in Berkshire. The business was run at the time of sale as a Chinese takeaway and received a high level of interest from our database of buyers. BakerLile announced that the demand for licensed premises is still out stripping the supply of property being sold. The Rice Bowl was sold as freehold going concern . If you are looking for a similar business or are looking to sell your current business you can contact BakerLile’s Licensed Trade Division on 01908 307070.

SOLD IN EXCESS ASKING PRICE
BakerLile Business Agents have done it again! Archway Cafe in Hersham was placed on the market with BakerLile. The Cafe, which benefited from a main road trading position, received a high level of interest and was sold for £5,000 in excess of the asking price to an applicant who was originally registered with BakerLile before they were instructed. Keith Thomas, who heads up BakerLile's Licensed Trade Division, commented "The demand in the licensed restaurant and cafe market remains at a high level. We are still finding that the demand is still outstripping the supply of quality businesses being placed on the market, which is contributing to purchasers aggressively paying over and above the asking price." If you are considering selling your business, contact BakerLile Business Agents who will be delighted to provide you with free marketing advice.