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Freehold Bakery With Tea Rooms And Accommodation For Sale

Essex, UK
Asking Price:
£475,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Freehold bakery with tea room & accommodation trading from a main high street position that is only a short walk from the riverside in this commonly named smallest town in England located on the Essex/Suffolk borders. The business has been established over 100 years and has been family owned & operated since 1985 by our clients who have brought the property to market with a genuine reason for sale. The business has a loyal & regular clientele supported by several 5* reviews along with a 5* food hygiene rating. Turnover averages between £4,000 - £5,000 per week producing high gross profit margins with the latest set of accounts yielding adjusted net profits in excess of £50,000. The business benefits from zero business rates payable and is being sold with a full complement of equipment.

Please Note: The 1 / 2 bedroom accommodation is in complete need of modernisation and refurbishment as this has only been used as storage since 1987. Previously approved planning permission for the erection of an external staircase to self-contain the accommodation has since expired.

Property Information

Property:

Freehold

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