For Sale

Bakery in Great Trading Location

Radstock, Somerset

£54,995 +SAV

Ref: 14538 A

Contact sales negotiator

Rob Walker

01204556327

Email Rob Walker

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Description

Hilton Smythe welcomes to the market Muffins Bakery.

This very busy bakery with A3 use, has the added advantage of a small coffee shop area both inside and out. More recently the front of the bakery has been extended, thus creating a busier enviroment. It is very well known in the area, having built up an established reputation with a large regular client base over the years.

Muffins provides a tempting menu including hot and cold take out sandwiches, a good selection of pies and pastries, various breads and tempting cakes and confectionary, all freshly baked in-house on a daily basis by a team of professional and friendly staff.

The bakery offers an inside bar and seating for a relaxing cup of coffee or alternatively a small outside seating area with 9 covers.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to advertise the fayre and services offered.

The Bakery comes with an extensive range of high quality fixtures, fittings and equipment and is offered at a good price. Viewing is a must to appreciate the quality on offer. The owner is happy to help through the initial period and even to offer holiday cover etc moving forward if required.

The shop itself has been run by the current owners for many years, who are now looking towards a well-earned retirement.

Tenure

Leasehold

We are advised that the business is being sold as a leasehold opportunity, with the term to be agreed.

The rent payable will be £10,000 per annum.

According to the VOA website the current rateable value is £10,000 however the owners inform me that they benefit from small business rate relief.

Hours

Monday to Saturday 6:00 to 18:00
Sunday-closed

Staff

The business is currently run by the owners, 1 full time and 11 part time staff.

Financial Profile

The accounting information shows a turnover of £247,699 for the year ending 31st August 2017 with a gross profit of £172,992

Location

Muffins Bakery is situated in a perfect central location, on the High Street of Midsomer Norton. Nr Radstock, Somerset.

The business is surrounded by a plethora of independent and high street retail outlets, estate agents, supermarkets, pubs and high street amenities, ensuring constant footfall throughout the day. The business benefits from on street parking to the front.

Midsomer Norton is a town near the Mendip Hills in Bath and North-East Somerset, 10 miles south-west of Bath, 10 miles north-east of Wells, 10 miles north-west of Frome, and 16 miles south-east of Bristol.

Premises

These are easily managed, high quality premises covering around 112 sqm on the ground floor. Highly visible signage and attractive blue façade.

Main retail area, seating area and counter, handmade bespoke Swiss bakery counter which is part chilled and wooden display shelving and racking. Second retail area, preparation room, rear store/refrigeration room, his and hers staff toilets and side courtyard café area.

The business comes with an extensive range of equipment to include,
Mono high speed mixer,
Ecard vac packer,
BDM roll maker,
Prover,
Coffee machine,
5 deck Chandley compacta bake oven,
Pastry break,
Stainless steel preparation tables and trays etc,
Bain marie,
2 microwaves,
Magimix,
Donut fryer,
Hobart mixer,
Doughnut jammer,
Crypto-peerless pie making machine,
2 x double upright freezers,
Double upright fridge,
Chest freezer,
Bread slicer,
Roll display fridge, and
Lots of other equipment for trade.

The shop comes with 3 phase electricity and an integrated alarm system.

Internal viewing is needed to appreciate what’s on offer.

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