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Leasehold Bakery & Pasty Shop in Helston Cornwall Boasting Top Ratings

Helston, Cornwall
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Leasehold Bakery & Pasty Shop Located In Helston Photo 1
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Leasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In HelstonLeasehold Bakery & Pasty Shop Located In Helston
  • Status

    FOR SALE

  • Date Submitted:

    12/09/22

  • Advert ID

    500138

  • Reference

    2771 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £29,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Bakery & Pasty Shop Located In Helston

Leasehold Bakery & Pasty Shop Located In Helston
Ratings / Google 5.0 / Restaurant Guru 5.0 / Facebook 5.0
Ref 2771

Location
This popular Bakery & Pasty shop is located in the town of Helston, Cornwall. Situated within a prominent and highly visible trading position on the main high street which benefits from a high levels of footfall. The business is surrounded by other complimentary retailers, businesses and residential properties and has plenty of on-street parking. The area is well served by the public transport with a bus stop positioned directly outside the property. The nearest railway station is Camborne, which is approximately (8 miles) away. The area is also well served by A-roads, with the A394 being within easy driving distance which links to the national A-road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) south-west of Falmouth.

Leasehold Asking Price: £29,950 plus SAV (1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Bakery & Pasty shop which is located in the Cornish town of Helston. There has been a Bakers/Pasty shop in these premises for over 30 years and this has been in the careful hands of our clients for the past 2 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have undertaken total refurbishment and invested in new equipment, along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Tinners Bakery is owner operated with the help of 2 full time and 2 part time members of staff and for the period 01.09.2021 until 31.08.2022 posted a turnover of £148,079. with a GP of (63.7%). They serve a fine range of filled rolls, salads, pasties along with a range of cold drinks. All fayre is freshly prepared to order on site using only the finest Cornish produce which has gained them a Google & Facebook rating of 5.0.
We believe that there is further potential to increase trade by extending upon the current opening times and opening later in the day and on Sundays in the summer months, which currently they do not do. They would also benefit from offering a delivery service to the many surrounding businesses. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Saturday – 9:00am – 3.00pm
Sunday – closed

Leasehold
Term: 15 Lease
Remaining: 13 years
Rent: £5,400 pa
Rates: Zero

Ground Floor
Retail area (6.2m x 5.2m) comprising: 2 stainless steel prep tables, upright fridge (Prodis), wash basin, chest of draws, sales counter, display chiller unit with counter (Zorin), food display case, upright drinks display fridge (Interlevin), wall mounted menu boards, food warming display unit, 2 ordering tablets with ticket machines and electronic till.
Prep room (3.3m x 4.5m) comprising: stainless upright freezer (Polar), stainless upright fridge (Polar), dual drainer commercial sink, potato rumbler, vegetable chipper (Buffalo), free standing oven (Rational), various oven trays on stainless steel stand, stainless steel table and 12 black veg prep buckets, 2 deep fat fryers.
Storeroom 1 (1.5m x 3.3m) with chest freezer, hot plate (Lincat) and various shelves.
Storeroom 2 (0.8m x 1.0m) with various shelves.
W/C (0.9m x 2.5m) with mirror and wash basin.

External
Rear bin storage.

EPC Rating C

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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