Bakeries for sale in Ferryhill

View the "Shotton's Bakery Ferryhill County Durham" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £121,252 Turnover: £156,000 Gross Profit: £102,000
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Business Description
Business
Hilton Smythe is delighted to welcome to the market this well-established and popular Bakery business, ideally located within the town centre of Ferryhill, County Durham.

The business was established in 1915 and has been in our clients careful ownership since 2016. Only now is the business being offered to the market due to our clients desire to retire. The business operates 7 days per week and generates a turnover in the region of £156,000 per annum, with a gross profit of approximately 66%.

The turnover is generated from the sale of a wide variety of fayre including breakfast buns, sandwiches, pies, pasties, Paninis, Artisan breads, jacket potatoes and soups, to name a few, as well as a variety of hot and cold beverages. Over 95% of the goods sold are baked freshly on the premises. The business boasts a spacious sales area and well-equipped newly re-tiled bakery.

We feel there is scope to increase the turnover by extending the opening hours of the business. A new owner could also embark on a modest marketing campaign to highlight the bakery or introduce deliveries to local businesses. There is also scope to expand the outside catering arm of the business.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
Shottons Bakery occupies substantial ground floor premises, ideally located in a prominent trading position within the town of Ferryhill, County Durham.

The business is situated on the busy Main Street within the town and benefits from a high volume of footfall and passing trade. The business further benefits from ample parking facilities and is surrounded by complimentary shops and businesses, as well as densely populated residential areas, from which it draws much trade. The bakery sits next door to a popular public house and there are two schools nearby.

Ferryhill is a town in south-central County Durham with a population of 11,651 residents, making it the 8th biggest town in the county. The town has seen many improvements in recent years including the award winning Mainsforth Sports complex and Surtees Doorstep Green.

The area of the business is well-served by the public transport system with several bus stops within easy walking distance of the property. The nearest railway station is approximately 7 miles away in Bishop Aukland. The area is also well-served by the A-roads, with the property being located just off the A167, which links to the national A-road and motorway networks. Durham is just over 7 miles away and Hartlepool is 17 miles away.

Premises
Substantial ground floor premises in a prominent trading location, briefly comprising:

Main sales and display area with:

2 x serve over chiller display units. Serve over hot food display unit. Coco Cola branded cold drinks chiller unit. Display shelving to perimeter walls.
Bread slicer. Panini press. Rijo coffee machine. Electronic cash register.

Food preparation area with:

Ovens. Upright freezer storage. 5 x pot Bain-Marie. Mixers. Stainless steel preparation tables. Stainless steel chest freezer. Stainless steel racking and shelving. Sink unit with hot water boiler above.

Equipment-
Front shop:
-Display shelving to perimeter walls
-Panini press
-Electronic cash register
- jura impressa x8 coffee machine
- 2 x refrigerated display cabinets with underneath refrigerated storage
- 2 x hot storage display cabinets
- Cafe table and 2 x chairs
- Drinks refrigerated display
- 2 x 4 pot bain maries
- 1 x 6 pot bain marie
- Toaster
- Stainless steel work bench
- Industrial oven
- Baking tray rack
- Stainless steel kettle
- Stainless steel water boiler

Rear prep area:

- Stainless steel upright freezer
- Stainless steel chest freezer/workbench
- Steel racking and shelving
- Sink unit with storage and hot water boiler above
- 4 x deep fat fryers
- Stainless steel microwave
- Buffalo electric griddle
- Slow cooker
- 2 x under counter fridges
- 1 x upright fridge-freezer
- 1 x larder fridge
- 1 x electric potato rumbler

Tenure
We are advised Leasehold:

Original lease length: 25 years
Remaining lease length: 23 years
Rent: £6000 PA

Hours
The business is open:

Monday -Saturday : 6.30am - 2.30pm Sunday: 10.30am - 3.00pm

Staff
The business is run and managed by our client with the help of 6 part time staff.

Financial Profile
The business generates a turnover in the region of £156,000 per annum, with a gross profit of approximately 66%.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04298
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