L/H Wholesale & Retail Bakers Established 20 Years For Sale

Business description

Advent Business Sales have been instructed to offer for sale this extremely well established bakery.

It has been trading for 20 years by the current vendor who originally set up the business which has achieved a prestigious reputation in the local area.

It is now reluctantly offered for sale due to the vendor’s relocation plans.

The premises have been modernised and refurbished to a very high standard. All the baking is done on site.

The business sells all the usual you would find including:
- Freshly baked bread
- Cakes, Biscuits, Rolls
- Filled rolls & Sandwiches
- Tea & Coffee
- Made to order celebration cakes – can also make without eggs.
All products are free from Animal Fat.

The client also has a wholesale business which supplies to cafes, hotels and restaurants, as well as burger vans.

There are 2 vans which carry out the deliveries within a 10 mile radius.
The client also has an additional 2sub contracted van which he uses as and when required.

ref:8477LE

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 6 years
Remaining lease: In negotiation
Review every: 3
Rent: £7,000

We are advised that the annual business rates are currently: £700

Living accommodation:

BUSINESS PREMISES A lock up retail shop comprising of the following: Ground Floor - 2 large counters with substantial shelving to accommodate fresh bread - To the rear there is a large preparation and baking area where all the baking and packing is done. First Floor - An office - Staff changing facilities with W.C & Shower.

Location:

Our client is located on a busy main road leading directly to the Leicester city centre.

It is set in a prominent position surrounded by many retail businesses, in densely populated residential area.

There is ample off street parking nearby which attracts shoppers from the city as well as the neighbouring area.

Other information

Expansion potential:

Although already a successful and well established business, an addition of a sandwich round to local businesses would increase trade

Trading hours:

Mon – Fri: 8.30am – 5.00pm, Sat: 8.30am – 3.30pm,

Financing available:

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

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