Devon Town Centre Retail Bakery For Sale

Business description

The business has been established for 7 years and in the hands of our clients since 2008, when it underwent a complete refurbishment. The business sells a wide range of high quality bakery products such as breads, cakes, pies, sandwiches and savouries including wheat and gluten free options; plus hot and cold drinks. The sale presents an excellent opportunity to acquire a successful ‘turn-key’ bakery business with clear scope to increase trade. Viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Our clients inform us that the property is Leasehold
Held on a 6 year renewable lease from 2007
Reviews every 3 years
Rent (including services) £18,000pax
Rates £8,120pa

Leasehold rent:

£18,000 per annum

Location:

The business is located in South Devon. The premises are surrounded by numerous other multiple and independent businesses which attract additional trade to the area. Public pay and display parking is located less than 100m away

Premises details:

The business occupies a well presented retail lock up with a display frontage of approximately 6m. Internally the premises briefly comprise a sales area with heated and refrigerated serve-over display cabinets; open deck drinks chiller; coffee machine, grinder, turbo oven and extraction system. To the rear there is a preparation area with two upright refrigerators, two chest freezers, three larder fridges, stainless steel work surfaces, mixer, further prep area, store, staff W.C.

Other information

Expansion potential:

Our clients feel that there is great scope to increase turnover and profits through extending opening hours to include Sundays and for wholesale trade. The business currently trades for 50 weeks per year.

Reasons for selling:

Other business interests

Trading hours:

Monday to Saturday 7.30am - 5.30pm