Freehold Or Leasehold Bakery Opportunity | | Melton Mowbray Leicestershire | | FREEHOLD OR LEASEHOLD BAKERY OPPORTUNITY - LEICESTERSHIRE Advised annual turnover of £55,233 with good GP returns Early interest and viewing is highly recommended | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69746
ADVERT IMPRESSIONS : 8,660 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Bakers | | SALE: | Agent Sale | FREEHOLD: | £325,000 | LEASEHOLD: | £50,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | FREEHOLD OR LEASEHOLD BAKERY OPPORTUNITY - LEICESTERSHIRE
Advised annual turnover of £55,233 with good GP returns
Early interest and viewing is highly recommended
Sizable first floor private living accommodation
Situated in the town centre of Melton Mowbray
Main high street and through road location
Well presented and appointed throughout
Ideal lifestyle change opportunity
24 cover dining cafe/coffee shop
Genuine reason for sale
FREEHOLD & LEASEHOLD
Location
This wonderful bakery with cafe and coffee shop is located in the town centre of Melton Mowbray which is in Leicestershire. The bakery stands proud on one of the town access and ring roads which is used by shoppers and visitors to access the area. The business has a large variety of neighbouring retailers and well known national commercial businesses. The shop benefits from its location and surroundings as it brings a good amount of shoppers and visitors to the business on a daily basis. Melton Mowbray is a beautiful historic town famous for its pies and cheeses. The town enjoys a consistent amount of tourists throughout the year which also provides a stable customer base. The town sits aproximaly 18 miles away from the M1 motorway which makes visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this excellent bakery with cafe and coffee shop which was first established by our client in 1971 who is only now placing it onto the market due to his strong desires for retirement. The business achieves a respectable turnover of £55,233 which is derived from selling an excellent range of in house baked goods coupled with complementary foods and hot and cold beverages. The business is exceptionally well known throughout the town due to its long term of trading coupled with its highly visible situation. The property also has sizable first floor private living accommodation which benefits any customer who does not live within a commutable distance. Our client is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal lifestyle change opportunity for a couple or individual who is looking for a stable turnover business situated in a highly desirable area.
Financial Profile
Turnover: £55,233pa
Gross profit: 75%
Stock approximately: £1,000
Tenure
Leasehold
Freehold with option of leasehold
Original length: 10 years
New lease available
Rent: £20,000pa
Opening Hours
Monday: 9:00am - 4:30pm
Tuesday: 9:00am - 4:30pm
Wednesday: 9:00am - 4:30pm
Thursday: 9:00am - 4:30pm
Friday: 9:00am - 4:30pm
Saturday: 8:30am - 4:30pm
Sunday: Closed
Accommodation
Well presented mid parade property featuring 2 large front display windows, 24 cover dining cafe/coffee shop, drink and wash preparation areas, fully equipped bakery, 2-3 bedroom first floor living accommodation with bathroom, lounge and kitchen, rear yard with storage outbuilding.
GROUND FLOOR
Decorative window displays with canopy's with highly visible property signs and secure entrance leading to:
Open plan cafe/coffee shop area with 24 well spaced covers with traditional dining tables and chairs, wall shelving and displays, glass serve over with produce and baked goods displays, drinks preparation area with double espresso machine plus preparation area with worktops and wash area.
Bakery, briefly comprising of:
6 deck oven, blast freezer, prepping cabinet, spiral mixer, 50 core/30 core/10 core mixers, BDM, hand roller, racks, scales and hand tools.
FIRST FLOOR
Reception landing
Toilet with wash basin
1 double bedroom
1 single bedroom
Reception living room
Kitchen
Bathroom
Spare room (suitable for 3rd bedroom)
EXTERNAL
Rear - Large yard area with brick storage room
Front - Main high street free of charge roadside parking and close by town car parks. | | | | | | FOR SALE | | | | | REFERENCE: | 2821 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
