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Bakery and Convenience Store in Suffolk Village

Price:
Freehold - £589,950
Turnover:
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Seller Ref:
2334
Location:

Suffolk , Mendlesham

Business Type:

Retail businesses

See Other:
Bakeries for sale in Suffolk
Convenience stores for sale in Suffolk
Off licences for sale in Suffolk
Retail businesses for sale in Suffolk
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sales this popular convenience store and bakery, which has been in our clients' careful hands since 1999 and is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £546,000 per annum with a gross profit of 20% derived from the bakery, off licence, newsagents, Lottery and confectionery sales. The owners' currently trade 7-days per week and currently at a pace to suit. The business boasts 4-bedroom accommodation with large lounge, diner, kitchen and family bathroom, which are highly maintained throughout. We are advised by our client that there is an option to purchase the adjoining cottage, which is available by separate negotiation. Our client's have gained an excellent reputation and a loyal customer base, which ensures much repeat trade. We feel that turnover could be increased by longer opening hours and by extending the bakery product lines and by offering newspaper deliveries to the local area. The new owner could also introduce, if desired, deli produce and fine wines. This is an ideal opportunity to acquire a profitable business, which is well-equipped and in 'walk-in-and-trade' condition, with huge scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Mendlesham Bakery is ideally located in the town center of the picturesque village of Mendlesham in Suffolk. The business is situated on a corner plot and benefits from ample parking and is surrounded by a densely populated residential area. Medlesham possess a variety of amenities within the village along with complementary shops and businesses. There are regular buses running through the area and boasts easy access to the local A-road network. Mendlesham lies 5 miles north east of Stowmarket, while Bury St Edmunds lies 20 miles north west.
Trading Hours:
Mon: - Fri: 7.00am - 8.00pm Sat:8.00am - 8.00pm Sun: 7.00am - 6.00pm
Accommodation:
Convenience store and bakery set in the centre of the village, offering spacious 4-bedroom owners' accommodation. Briefly comprising. Ground Floor • Large shop area • Off licence area • Fresh bread display which is only offered Mon: Wed: Fri: and Sat: • Bakery area • Retail area First Floor • Open-plan living room, diner and study • Double bedroom • Family bathroom • Storage room • Single bedroom • Wet room • Utility room • Single bedroom to attic External • Large gardens to the rear • Large garage with storage area • Ample on-street parking to the front • Off-street parking to side and rear
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Business Documents:
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