Award-Winning Freehold Bakery with Shop and 3-Bed Flat in Moffat, Dumfriesshire, for Sale
Moffat, Dumfries and Galloway
- Status
FOR SALE
- Date Submitted:
03/10/23
- Advert ID
600607
- Reference
2770 / Rightbiz
- Call Agent:
- Freehold: £425,000 (Stock at valuation)
- Turnover: £310,000 (£5,962 Per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- Prime Location
- Central Position in Affluent Village
- Attractive Business
- Accounts Available
- Fully Fitted
- Unique Business
- Town Centre location
- With Car Park
- Established Business
Business Details
Fully Equipped Freehold Bakery, Shop & Accommodation, Moffat, Dumfriesshire
The Business Sales Agency are delighted to bring to the market this excellent opportunity to acquire this well established award winning bakery in the affluent market town of Moffat.
Annual net sales of £310,000 with excellent gross profit margins.
Housed in a superb 3 storey freehold High Street property, the highly visible ground floor shop has the spacious bakery to the rear. On the first and second floors there is a large 3 bedroomed flat suitable for owners accommodation or as a separate rental property.
Freehold property recently valued at £270,000.
Freehold property of bakery and flat above, business, equipment, fixtures and fittings for sale at offers over £425,000.
Further details:
Being the only bakery in Moffat, this award winning business is a consistently profitable operation and is only offered for sale due to the owners wish to retire.
A family run business established for over 90 years this bakery has a highly visible High Street location, free on street parking and no local competition. It is very popular with local residents and tourists alike and with all ages of customers from school children to the elderly.
Ideally suited to an owner operator or couple who could run it with the existing shop and bakery staff.
Flat above can be spacious owners accommodation or additional income as a rental property.
Moffat is a popular town situated just off the M74 in Dumfriesshire in southern Scotland and has a population of almost 4,000 inhabitants.
Financial information:
Annual net sales in 2022/2023 of £310,000. In addition there was rental income from the flat above of £7,800. All equipment, fixtures and fittings are owned outright and are included in the sale.
Further financial information can be made available to serious interested parties after viewing.
Opening hours:
7am-3.30pm Monday to Friday, 7am-3pm Saturday.
Staff:
The husband and wife owners run the business with 3 experienced bakery staff and 4 shop staff.
Premises:
The premises are a highly visible property in the heart of Moffat. The shop and bakery are on the ground floor with an additional basement area extending under the shop. There is rear access for deliveries and staff parking.
With side access separate from the shop, the flat extends over the first and second floors of the property. It was originally the owners’ accommodation but has been rented out on a successful basis for the last few years.
The flat comprises a large bright lounge to the front, a spacious family size dining kitchen, family bathroom with both bath and separate shower, and three good sized bedrooms. Gas central heating.
Tenure:
Freehold. Shop and bakery have a rateable value of £10,600 so no rates are payable.
Flat is council tax band D.
Contact Agent
Particulars / More Information
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
