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Popular Bakery/convenience Store

Cockermouth Cumbria
POPULAR BAKERY/CONVENIENCE STORE - CUMBRIA Massive potential to increase turnover Early viewing highly recommended
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68759
ADVERT IMPRESSIONS : 8,152 TIME(S)

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

FREEHOLD:

£189,950
 

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BUSINESS DETAILS:

POPULAR BAKERY/CONVENIENCE STORE - CUMBRIA
Massive potential to increase turnover
Early viewing highly recommended
Advised annual turnover of £97,625
Set in beautiful village location
Fantastic turnkey opportunity
Well established business
Genuine reason for sale
FREEHOLD


Location

This superb bakery is situated in the attractive village of Great Broughton occupying a prominent trading position on the main High Street. The village is situated on the edge of the Lake District National Park and is close to the market town of Cockermouth. Cockermouth is an ancient and historical market town and civil parish in the Borough of Allerdale, it is well known as being the birthplace of famous writer William Wordsworth and also as the birthplace of Fletcher Christian of HMS Bounty fame. Great Broughton is easily locatable by exiting junction 40 on the M6 motorway and then following the A66 to Cockermouth.


Business History

Meridian Business Sales are delighted to offer to the market this popular bakery and convenience store which was established in 1981 and has been the careful hands of our clients since 1991. Bakery has been an established business for 30 years, and has been owned currently by our vendors since 1991. Our clients are reluctantly offering the business to the market due to their desire to take well deserved retirement. Sine our clients took ownership of the bakery they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that the annual turnover currently runs at approximately £97,625, which is derived from the sales of freshly baked bread, pies, pasties and confectionary items as well as offering convenience store and newsagent facilities. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: £97,625pa
Gross profit: 34%
Stock approximately: £5,000


Tenure

We are advised freehold


Opening Hours

Monday: 5:30am - 5:00pm
Tuesday: 5:30am - 5:00pm
Wednesday: 5:30am - 5:00pm
Thursday: 5:30am - 5:00pm
Friday: 5:30am - 5:00pm
Saturday: 5:30am - 1:00pm
Sunday: Closed


Accommodation

Two storey property in prominent location, briefly comprising of:.

GROUND FLOOR
Secure entrance leading to main shop area which is a bakery, convenience store and newsagents.

There is a Paypoint facility, cash machine and an ample amount of shelving and display space, large drinks fridge(s) and serve over counter displays.

Rear stainless steel commercial kitchen with preparation area.

FIRST FLOOR
There is the potential to turn into living accommodation. At the moment the upstairs is in need of renovation, but as a blank canvas someone can turn this into a comfortable self contained flat, as there is a potential for one large bedroom, kitchen, lounge, bathroom and toilet. The potential within this business is huge.

EXTERNAL
On street parking
   
  FOR SALE
   

REFERENCE:

2776 / RightBiz
   
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