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Bakery With A Café In Town Centre

Church Stretton, Shropshire

£129,950 +SAV

Ref: 13301 E

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Description

Hilton Smythe welcomes to the market Mr Buns The Baker. The business was originally established by our clients in 1999. This is a family run bakery with an exceptional reputation in this location. The owners are now looking to sell the business, due to the desire to take a well-deserved retirement. The business runs as a bakery and café. They have a great menu selling teas, coffees plus hot and cold food. The café sells all of the homemade bakery products, this includes a selection of breads, sandwiches, pies, pasties, cakes, biscuits, desserts and patisseries. Other dishes are available. Food can be eaten in or taken away. The property has a 36-cover seating area. The store receives a generous amount of repeat loyal trade from the locals and generates a turnover in the region of £265,000, as of the 2016 accounts, with a gross profit of 69%. This is an excellent turnover; however, we feel there is scope to boost this figure. The shop is only currently open 6 days a week. The purchaser should look to extend this to 7 days to allow for more custom. This is an outstanding business with huge scope for growth. The property is a great size and could accompany an outside catering service. This could be a great asset to the business. The catering could be promoted on the bakeries Facebook page. Social media is a great way of advertising a business. The page is regularly updated and promotes products available. There are over 190 followers on this page. This is a fantastic multi-facet business opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity. Original lease length: 10 yearsRemaining lease length: 4 years as of 2016. Rent: £13,000 per annum We are advised by our client that a new lease will be negotiated in 2020. The lease is tiCurrently no business rates are payable.

Hours

The business opening hours: - Monday - Saturday: 8:30am – 5pmSunday: Closed

Staff

The business is run and managed by our clients, with the help of four full time and two part time members of staff.

Financial Profile

The business generates a turnover in the region of £265,000 as of the 2016 accounts. Gross profit 69%

Location

Mr Buns The Baker is located in Church Stretton, Shropshire. The bakery is set in a busy town centre location. This is a great shopping district with a range of larger brands and independent retailers. Close by there is a shoe shop, clothing store, pharmacy, charity store, restaurant, travel agents and much more. This is a vibrant town that benefits from on street parking and car parks. Directly outside the property there is free on street parking. Church Stretton is a beautiful town with picturesque views and historical architecture. The town is in the heart of Shropshire and receives a generous amount of footfall and passing trade from tourists. Church Stretton is popular with hikers, walkers, cyclists, horse riders and mountain bikers. The town is home to Long Mynd a renowned location for its scenic walking paths, gliding, hang gliding, paragliding and also boasts the second highest golf course in England. The town centre location allows for great road connections and generous public transport links. The A49 is an arterial road that runs past the town starts at Shrewsbury and heads south to Hereford. These towns are a short commute using the regular train and bus routes. There are several bus stops dotted around the town. The town train station is also just a 5-minute walk away.

Premises

Mr Buns The Baker boasts a large double fronted property. The double doors are central and lead into the retail area. There are curved windows either side of the door, this allows for a bright interior. The property is also well-signed, this is clearly visible to passing trade. On entry is the large seating and service area. The counter is on the right-hand side and runs the length of the room. The counter has a large glass fronted chiller plus workspace for the till and preparation. Behind the counter is bespoke shelving for displays and homemade breads. The seating area has loose table and chairs for 36 covers. Counter equipment includes-2 x Refrigerated display cabinetsCoca Cola upright chiller (leased)Upright fridge freezerUpright fridgeMicrowaveTables and chairsTillShelvingRacks Preparation KitchenThe kitchen is well-equipped with stainless steel fixtures and fitting. This is a generous sized room. Kitchen equipment includes-Bread slicerMeat slicerWalk in fridge 3 x Microwaves Double fryerChest freezerStainless steel cake cabinet 2 x Stainless prep tablesread sealer BakeryThe bakery again also has a large amount of equipment. This includes commercial bakery equipment. Bakery equipment includes-Tom Chandley 5 deck ovenSpiral mixer20 QT Hobart mixerHunts tart machine 2 x Stainless steel tables 3 x Twenty tray racks 100 baking sheets 200 bread tins 20 tray prover 3 x Bins 3 x Bread tin racks Chest freezer4 pot Bain Marie 2 x Metal bread racksGas oven 2 x Fridge freezers The rear hallway has access to customer toilets and door to rear of the building.

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