Bakeries for sale in East Yorkshire

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Bakers & Confectioners

East Yorkshire, England

  • Freehold Price: £700,000
  • Annual Turnover: £468,000
Seller Reference: 585453
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Business Description
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Seller Reference: 585453
Request Details
Business Description
Same Family Ownership Over 60 Years
Very Well fitted and Equipped Bakery
One Bedroom Self-Contained Apartment
Sensibly Priced to Sell - Highly Recommended
Weekly Turnover £8,000 to £10,000
Annual Rental Income £12,960
REF 585453. EPC's available on request.
Business and Property £700,000
East Yorkshire

An opportunity to acquire this privately owned bakery situated in a prime trading position in the town. The present family have run this business for over 60 years and is run by a team of conscientious staff. The business is worked in very easy hours over six days and boasting high weekly turnover of £8,000 to £10,000 and high profit figures. Accounts will be made available to seriously interested parties after viewing. This is one of the finest bakers seen for a very long time, showing superb net profits. Included in the sale are two superb investment properties, detailed below, returning £12,960 per annum. The property and business has been sensibly priced to sell - HIGHLY RECOMMENDED.

The premises are freehold and comprise well fitted sales shop with preparation room off, bakehouse with two large deck Tom Chandley commercial oven. The bakehouse is exceptionally well fitted with an abundance of hi tech commercial equipment. Store room, two staff toilets. Yard to the rear with a cottage currently used for the storage for the bakers. First floor icing / finishing room, preparation room, bathroom. Second floor two further store rooms. The first and second floor could be used as family accommodation if required.

Also included in the sale are two commercial investment properties which adjoin the premises. The property directly next door is a retail unit trading as a hairdressers and returns a rent of £495 per calendar month. The other property, again is a retail shop unit. This is held on a ten year lease with approximately four years remaining on the lease and returns £585 per calendar month.

There is a self-contained high quality apartment that runs over the top of both retail units and comprises reception leading to a lovely lounge, delightful newly fitted breakfast kitchen, formal dining room, one bedroom, full bathroom incorporating bath, shower cubicle, toilet and wash hand basin. There is a very large loft - this is ideal to be developed into further bedrooms.
EPC's available on request.
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