Superb Retail & Wholesale Bakery In Leicestershire For Sale

Business description

Early interest and viewing is highly recommended
Prominent main road location in Oakham, Rutland
Advised annual turnover of £105,000 per annum
Low annual rent of £212.50 per week
Sale includes all fixtures & fittings
Room to extend retail sales area
Prominent trading position
Well established business
Tourist town
LEASEHOLD

Business History

Meridian Business Sales are privileged to offer to the market this well respected retail and wholesale bakery. The business has been established for over 35 years and has been in the careful hands of our client for the last 5 years. This superb concern is reluctantly being offered to the market due to medical reasons. Our client informs us that the annual turnover for the business is in excess of £105,000. The business generates its turnover from selling, morning goods, rolls, sandwiches, breads and savouries. The business is split by 80% through retail sales and the remaining 20% is wholesale where he supplies local pubs and hotels. The business benefits from lots of repeat customers as well as passing trade due to its prominent location. The business is owner operated and has 3 part time members of staff. During our clients ownership he has continually invested in equipment, fixtures and fittings which is all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is still huge potential to increase trade and as such early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 3 years
Remaining: 2 years
Rent: £212pw

Location:

This outstanding bakery is situated on the main through road in the desirable market town of Oakham in Rutland, Leicestershire. It's in a small parade of 4 shops and is accessed by the A606 or the A6003. This concern benefits from being in a great central location and has easy access to many surrounding towns, those being Stamford 9 miles, Melton Mowbray 10 miles, Corby 12 miles and the thriving and expanding town of Leicester 14 miles.

Premises details:

Glass fronted shop in a prominent location, briefly comprising of:

GROUND FLOOR

Secure entrance leading to main retail shop with 2 x serve over chiller display counters and display shelves

Bakery with dough mixer, bread slicer, 2x 4 deck ovens, storage racks, production racks, 1x large cake mixer, 1x small cake mixer, work tables, storage bins, large sink, wash basin and proofer

Dry goods stores with shelving and walk-in fridge

FIRST FLOOR
Store room for paper with 2 x freezers and 2 x deck oven
Ladies toilet
Gents toilet and wash basin
Office

EXTERNAL
Side shared yard with parking for 2 vehicles

Business Operation

Trading hours:

Bakery
Monday to Friday: 6:00am - 4:00pm

Retail
Monday to Thursday: 8:30am - 4:00pm
Friday: 8:30am - 4:30pm
Saturday: 7:30am - 1:00pm