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Superb Bakery With Retail Shop

Filey North Yorkshire
SUPERB BAKERY WITH RETAIL SHOP - NORTH YORKSHIRE Retail unit with large rear preparation area Turnover £202,106 with high gross profits
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 62951
ADVERT IMPRESSIONS : 15,334 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Bakers
SALE: Agent Sale

FREEHOLD:

£89,000
 

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BUSINESS DETAILS:

SUPERB BAKERY WITH RETAIL SHOP - NORTH YORKSHIRE
Retail unit with large rear preparation area
Turnover £202,106 with high gross profits
Popular tourist destination of Filey
Early viewing strongly advised
Scope for further development
Superb high footfall location
FREEHOLD


Location

This superb freehold bakery and retail shop is located on the main A1039 in an extremely busy shopping parade in Filey, North Yorkshire. It is surrounded by a wealth of complimentary businesses and shops which provide high footfall of passing trade. Filey is a coastal town and civil parish in North Yorkshire, it forms part of the Borough of Scarborough and is located between Scarborough and Bridlington and has long been known as a popular tourist destination. Filey is reached easily via the A165 coastal road linking Filey with Scarborough and Bridlington and the A64 linking Filey to York and the UK's wider motorway network.


Business History

Meridian Business Sales are delighted to offer to the market this superb bakery and retail shop which was established by our client in 1970. The only reason this superb opportunity is being offered to the market is due to our clients desire to take a well deserved retirement. Since establishing the business our client has invested heavily in equipment and machinery meaning nearly all production is undertaken in house and as such ensuring high profit margins. Our clients advise us of an annual turnover of £202,106 with a gross profit of £140,414 which is derived from the sale of bakery products and an increasingly popular outside catering side to the business. The business benefits from a fantastic high footfall location and has a loyal and regular customer base as well as benefiting from the numerous tourists that visit the area throughout the year to the nearby holiday campsites. This is an excellent opportunity to purchase a well established business with a fantastic reputation for quality and service and as such early viewing is strongly advised as opportunities of this quality rarely stay on the market for long.


Financial Profile

Turnover: £202,106pa
Gross profit: £140,414
Stock approximately: £4,000


Tenure

We are advised freehold


Opening Hours

Monday: 7:00am - 5:30pm
Tuesday: 7:00am - 5:30pm
Wednesday: 7:00am - 5:30pm
Thursday: 7:00am - 5:30pm
Friday: 7:00am - 5:30pm
Saturday: 7:00am - 5:30pm
Sunday: Closed


Accommodation

Glass fronted retail bakery unit situated in busy high street shopping parade, briefly comprising:

Well signed, large window display.
Refrigerated food display counter.
Large tower drinks fridge.
Rear counter preparation area.
Cash register.
Storage cupboard.

Large rear bakery and preparation area comprising:
2x grills for hot sandwiches.
Cold sandwich preparation area.
Large 4 deck oven.
Dough mixer.
Dough divider and moulder.
Small confectionary mixer.
Chip fryer.
Microwave oven.
Stainless steel preparation table.
Automatic electric roller.
Twin door tower fridge.
Single door fridge.
Double door fridge counter.
Bread moulder.
Full extraction system.

External: Rear delivery access.
Secure storage outhouse for flour.
Large car park to the front of the shop servicing numerous complimentary businesses.
   
  FOR SALE
   

REFERENCE:

2290 / RightBiz
   
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