Bakeries for sale in Suffolk

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Y. MacGregor (Nov 2017)
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Freehold Price: £375,000 Weekly Turnover: £5,500
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Business Description
The business has been in the same hands since estabished in May, 1991 & is now offered for sale due to the vendors semi-retirement.

Mainly retail bakery with only approximately 15% in respect of wholesale which in our opinion could be further developed, if desired.

GROUND FLOOR in the region of 700 sq. ft. including rear bakery. SHOP AREA with non-slip floor. Large mainly cool display counter, approximately ? of the counter is ambience display, electronic cash register, bread display shelving, open chiller unit (used for sandwiches & soft drinks).

BAKERY SECTION with 5-deck bakers oven, 2 provers, 1 upright deep freezer (with racking), 1 additional upright deep freezer, 1 chest deep freezer, 2 fridges, 2 bread slicers, 1 table top mixer, 1 floor standing mixer, bread moulder, roll moulder, large commercial sink plus 1 additional sink etc.

Storeroom
Staff w.c. & wash hand basin

Vauxhall Vivaro delivery van included (13 plate)

Situated in a parade, busy road, residential area, SUFFOLK

• ACCOMMODATION INCLUDED

The SELF CONTAINED accommodation DOUBLE GLAZED & refurbished in 2014 is at present let to the baker & provides a rental income of £450 per month. The FLAT comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, electric shower over the bath, w.d. & wash hand basin
Large Lounge
Fitted Kitchen
Separate Utility Room with w.c. & wash hand basin

Turnover : £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st December, 2016 showd £293,865 with a gross profit of £173,983 & a net profit before finance & bank charges of £55,066. We are furthe advised that the sales year ending December, 2017 showed £288,604 slightly less than year ending December, 2016 & we understand from the vendor that this was due to road works in front of the shop for a while.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £375,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Freehold

Number of bedrooms: 3

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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R8380
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