Bakery & Sandwich Bar Outlets For Sale

Business description

Advent Business Sales is delighted to offer to the market this pair of extremely well established bakery shops.

The shops, which have been trading successfully for over 9 years, have been in the careful hands of the current owners for around 4 years and are only now being sold due to retirement.

This has provided an excellent opportunity to purchase a business with such a healthy
level of weekly takings which average approx £8,000.

The shop sales at St Neots are approx £2,000 per week and wholesale is approx £3,500 per week. The sales at the Bedford shop are approximately £2,750 per week.

The bakery obviously works nights to have the product ready for the next days trade. Its equipment briefly includes:
• Baker perkins dough mixer
• Escher dough mixer
• Electro dahlen 5 layer break oven
• Large upright double freezer, fridge and microwave and foster retarder fridge
Both shops sell a good range expect including:
• Range of breads, cakes and scones
• Savouries
• Sandwiches, freshly prepared to order
• Hot and cold drinks
• Special occasion cakes in various shapes to suit

Included in the sale are 2 delivery vans:
‘04’ plate Ford transit & ‘07’ plate Citroen Relay
We are advised that stock at cost is approx £30,000.

Our client’s may also be prepared to sell each shop separately.

Property information

Property:

Leasehold

Lease terms:

St Neots
TENURE: Leasehold
Original lease: 25 years –
Remaining lease: 4 years
Review every: 5 years
Rent: £11,000 P.A.

We are advised that the annual business rates are currently: £4,520 P.A.

Bedford
TENURE: Leasehold
Original lease: 25 years
Remaining lease: 21 years
Review every: 5 years
Rent: £23,476 P.A.

We are advised that the annual business rates are currently: £7,220 P.A.

Living accommodation:

St Neots: • Electrically operated roller shutter door. • Side window displays with a centre opening door into the serving area, with glass display chillers with product, soft drinks chiller • Till, range of bread displays on racking • Well tiled floor and good decorative order throughout. • Outside table and chairs • Stainless steel preparation benches • Through to bakery area with full range of equipment and racking • W/c at rear of bakery External • Outside rear car park and container for dry stores. Bedford: Very well presented an in excellent decorative order. • Side window displays with low level solid panels. • Centre door leading into the main serving area • The shop is partitioned to create a rear small enclosed kitchen and stores area which includes 4 ring electric cooker, under counter fridge, upright freezer, stainless sink/drainer, w/c and rear exit. • The shop has a row of display chillers with wall hung bread display racks to the rear of them. • The opposite wall has soft drinks chillers, cake display rack and a bread display rack. • The end of the shop has a sandwich preparation area and till to the rear of a chiller with various sandwich fillers from which a customer can choose. Both shops were completely refurbished in 2004 when most of the equipment was replaced new. We are informed that the total cost was approx £240,000.

Location:

Both of our client’s shops are ideally located in busy shopping parades in affluent and expanding areas.

The principle shop is in St. Neots in Cambridgeshire, located just off the main town centre. The locality benefits from a large car park which is approx 80 yards away with all pedestrians passing the shop who go to the town centre. Other shops on the parade include Argos, Somerfields, a bank, a kitchen shop and soft furnishings.

St. Neots lies just off the A1 and is well placed for access to the nearby towns of Cambridge, Huntingdon and Bedford.
The second shop is in a prominent pedestrian walkway/arcade in Bedford town centre with many well known high street stores all around, such as Marks and Spencer, Woolworths and Beales.

The area is well served by public transport with both bus and train stations close by.

The town lies just off the A6 with good links to the nearby towns of Milton Keynes, Northampton, Luton and St. Neots

Other information

Expansion potential:

Both shops have excellent sales but these could be increased vastly if there were to approach more wholesale customers.

They could also put more table and chairs outside the premises and offer cold buffets to local businesses.

Trading hours:

Mon – Sat: 8am – 4pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Contact the seller