For Sale

Popular & Well Stocked Bakery

Cheshire

£89,950

Ref: 2649-C D

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe are delighted to welcome to the market this well-established and very popular bakery business in Cheshire.

The business was established by our client’s family in 1965 and is only now, reluctantly, being offered to the market due to our client’s desire for a well-deserved retirement. The business operates 6 days per week and generates a turnover in the region of £172,000 per annum, with an excellent gross profit.

Our client offers a wide variety of goods, all of which are freshly baked on the premises including a selection of breads, pies, sausage rolls, steak & kidney slices, cheese & onion slices, freshly prepared sandwiches, cakes and pastries, as well as a good selection of convenience items and hot & cold beverages.

The bakery boasts an enviable reputation within the area for the high quality of the goods and services offered, as well as being famous for their meat & potato pies, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth recommendations.

The bakery boasts a large sales and display area, half dedicated to the freshly prepared goods and half to convenience items, frozen and chilled goods. To the first floor is a 2 bedroom flat, which could be used as owners’ accommodation or let out to generate further income.

We feel there is scope to increase the turnover by extending the range of products available and perhaps introducing a delivery service to local businesses. The business already has an impressive and informative website in place to promote the business and the excellent goods offered.

This is a wonderful opportunity to acquire a well-established and busy bakery business with good scope for growth; therefore early viewing must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised Leasehold:

Original lease length: 3 years
Remaining lease length: 3 years
Rent: £1050 per calendar month

Hours

The business is open:

Monday – Friday: 6.45am – 6.00pm
Saturday: 6.45am – 3.00pm
Sunday: Closed

Staff

The business is owner run and managed with 5 x staff members.

Financial Profile

The business generates a turnover in the region of £172,000 per annum, with an excellent gross profit.

Location

This popular and busy bakery business occupies substantial two-storey premises in an ideal trading position within a town in Cheshire. The property is situated within a parade of complimentary shops and businesses on a busy road, therefore benefiting from a very high volume of footfall and passing trade. The business further benefits from on-street parking facilities to the front of the premises.

The area of the property is well-served by the public transport system, with several bus stops within easy walking distance of the premises. The nearest railway station is approximately 2½ miles away. The area is also well served by the A-roads, with an A-road being within easy driving distance, which links to the national A-road and motorway networks.

Premises

Substantial two-storey premises in an ideal trading position, briefly comprising:

Ground floor with:

Half of the shop is for the bakery and half is dedicated to groceries, frozen and chilled food.
Main sales and display area with serve over counter.
Bakery kitchen behind main shop.
Second kitchen and preparation area to rear of property.

First floor with:

Own entrance to rear.
Large lounge.
Kitchen/dining room.
Bathroom.
Double bedroom.
Single bedroom.

The bathroom is shared between the flat and the staff.

Equipment included:

Large chiller display unit.
Triple drinks and grocery refrigerator.
Sandwich display chiller unit.
Meat slicer.
Rijo coffee machine.
Bread machine.
Triple deck baking oven (worth £25,000).
Bread proving machine.
2 x mixing bowls.
Racking and shelving.
4 x commercial upright freezers.
Commercial refrigerator.
Various other equipment.

The premises boasts CCTV.

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