Leasehold Bakery with One-Bedroom Apartment in St Austell, Cornwall for Sale
Saint Austell, Cornwall
- Status
FOR SALE
- Advert ID
616543
- Reference
3025 / Rightbiz
- Call Agent:
- Leasehold: £59,950
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Leasehold Bakery Located St Austell
Leasehold Bakery Located St AustellSelf Contained One Bedroomed Apartment Above
Family Recipe Passed Down Through The Generations
Ref 3025
Asking Price £59,950 plus SAV (£500)
Location
This established leasehold Bakery is located near the town of St Austell, Cornwall. Situated within a prominent and highly visible trading position on Slades Road. Nearby you have the village of Charlestown, famous for the filming of many TV programmes such as Poldark. Local attractions include, The Eden Project, The Lost Gardens Of Heligan and nearby is Carlyon Bay Hotel, Golf & Country Club.
Business Description
Veritas Business Sales are delighted to offer for sale this very popular Bakery which is located in St Austell. The business was established 11 year ago by our clients and they are now looking to sell the business due to other business commitments requiring their attention.
Since ownership they have undertaken a complete 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. Ogy 1 Bakery is owner operated with the help of 2 part time members of staff and has an annual turnover of circa £120,000. They serve handmade Cornish pasties which can be purchased on the premises or delivered to your door, they also provide catering solutions for both corporate & private events. Products are made in the heart of Cornwall using the best ingredients, sourced locally, to make quality Cornish pasties and pastries.
We believe that there is further potential to increase trade should you wish to do so, by advertising deliveries to the many local companies. 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 a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.
Opening Times
Monday – Saturday – 07:30 – 15:00
Sunday – closed
Leasehold
Original term: 7 years
Remaining: 3 years
Rent: £16,000 pa
Reviewed: 3 yearly
Business rates: zero
Ground Floor
Retail area (3.6m x 7.8m) comprising: tables and chairs to cover (12), upright freezer (Tefcold), upright drinks fridge (Polar), pastry glass display case (King) and sales counter.
Kitchen (3.4m x 8.5m) comprising: fan oven with stand (Pierres), sink with drainer, extraction point, wash basin, 2 x stainless prep tables, upright fridge (Bosch), chest freezer (Russell Hobbs),various pictures and various shelves.
Storeroom (2.4m x 1.9m) with various shelves.
Toilet (1.2m x 1.8m) with w/c, wall mounted mirror and wash basin.
First Floor
Apartment
Lounge/Kitchen, Bathroom, Double Bedroom.
External
Frontage with tables and chairs to cover (4)
EPC Rating D
Contact Agent
Listing Statistics
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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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