For Sale

Well Established Village Bakery & Shop

Leicester, Leicestershire

£260,000 +SAV

Ref: B04394

Contact sales negotiator

Kai Pollitt-Parry

01204556300

Email Kai Pollitt-Parry

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Description

****The purchaser MUST have bakery experience. This is a large complex bakery.****

Hilton Smythe welcomes to the market The Village Bakery & The Bakers Shop.

The Village Bakery & The Bakers Shop have been established by our client and located in Syston for over 30 years. Our client is now looking forward to retirement.

The business is split into two parts, The Village Bakery, which bakes bread, cobs, rolls, cakes, sausage rolls, pasties, pies etc and sells them retail through The Bakers Shop and wholesale to companies in the local area.

The Bakers Shop has many regular repeat customers who call in for bread, rolls, cobs, cakes, pastries, pasties, pies and hot and cold filled sandwiches.

Although this is a profitable business there is room to improve as there are no social media pages or websites for the business.

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Freehold

We are advised The Bakers Shop is being sold as a Leasehold business opportunity with an ongoing Lease and an annual rent of £15,000.

The Village Bakery is being sold over two premises. One of which has a rolling lease and an annual rent of £5,000, the main part of the premises is to be sold as a Freehold as this is owned by our client.


Hours

The business opening hours of The Bakers Shop are:

Monday - Saturday: 8 am – 5 pm
Sunday: Closed



Staff

The Village Bakery is run and managed by our client, with the help of 2 x full time bakers.

The Bakers Shop has a manager and 5 other staff, 4 being part time.


Financial Profile

The combined business generated an advised turnover of circa £304,000 as of the 2016 accounts, with a gross profit of circa £213,000, a net profit of circa £36,000 and an adjusted net profit of circa £50,000.

The assets being sold with the business are worth in the region of £70,000

Location

The Village Bakery & The Bakers Shop is located in Syston, within Leicestershire.

Both premises are based in the town centre, The Bakers Shop is located within the main shopping centre which generates a very high footfall. There is local parking for both premises and allocated parking to the rear of The Village Bakery.

Syston has a population of over 11,500 with many surrounding villages bringing workers to the area.

Premises

The Bakers Shop is entered from the main town square and is a double fronted shop and includes:

• 3 x chiller display units
• 2 x heated display units
• Bread display units
• Oven
• Area for making the freshly filled hot and cold sandwiches
• Service counter with till


Behind the counter is a doorway with stairs to the first floor, a door to the staff toilet and a door to the first work room with walk in chiller, gridle with extractor fan over, sink and door to the storeroom.

The Village Bakery is located on the high street and is split over two shops with staff parking to the rear. Across the entire premises there are the following machines:

• Several mixers
• 2 x Doubled oven
• 1 x Euro Pan oven
• Walk in chiller
• Konig Maschinen
• Pastry folders
• Numerous stainless-steel preparation tables
• Kitchen area
• W/C


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