Leasehold Bakery For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this busy home bakery. Established in 1957, and under our client's ownership since 1999, the business has grown steadily. Currently annual turnover figures are in the region of £198,000 with a healthy gross profit of 75%. The bakery employs 4 full-time and 3 part-time staff and has an annual wage bill of £73,341. This is an extremely profitable business and our client is only offering it to the market in order to pursue other interests. The bakery produces cakes, fresh cream products, pastries, breads, tray bakes, sausage rolls and sandwiches in the bakery at the rear of the shop and offers them for sale in the front shop. Business is derived from locals, passers by, nearby offices and children and parents of the nearby schools. Bag a Business Ltd feel that this is a great opportunity for an existing bakery company to acquire a new premises, or a baker who would like to strike out on his own in a demonstrably profitable business. We welcome early enquiries.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining length: 4.5 years
Review every: 5 years
Rent: £10,000 per annum

Living accommodation:

PROPERTY DETAILS 2 storey, corner site property benefiting from economy 7 water heating. Briefly comprising; MAIN SHOP ú Entrance to sales area ú Terrazzo flooring ú 12 ft patisserie case with 2 chilled tiers for fresh creams with two ambient tiers over ú Bread shelving to the rear with preparation area ú Cash register REAR BAKERY ú Tom Chandle 4 tier oven ú Diosna spiral mixer ú Hunt 60 quart mixer ú Hobart 20 quart mixer ú Mono prover ú Olympia BDM ú 4 stainless steel tables ú 3 racks ú 3 scales with imperial weights ú Bowls, measuring jugs and other sundries ú 2 upright fridges ú Stairs to hotplate room with Regal hotplate, Rollfix pastry roller, 2 chest freezers and store. ú Wash up room ú Ladies' and gents' W/Cs and changing rooms.

Location:

Elizabeth's Cake Shop is located on a prime, highly visible corner site, on the busy Upper Newtownards Road in Belfast, County Down. It is situated directly opposite a pedestrian crossing. The Upper Newtownards Road is the main route between Belfast and Newtownards and is home to many shops and businesses. The surrounding area is densely populated and the nearest bakery would be over a quarter of a mile away, giving this shop an enviable amount of custom. There are four schools nearby, which provide a large lunchtime and breaktime trade. Like much of Northern Ireland, East Belfast is receiving considerable amounts of inward investment and is currently a much sought after location. It is served by the George Best Airport, just 10 minutes' drive away.

Other information

Trading hours:

Mon - Sat: 8.30am - 5.30pm