RETAIL BAKERY, TO INCLUDE PROPERTY AND LAND WITH DEVELOPMENT POTENTIAL
Well-known and much loved business
Densely populated town centre
High profit margin shop sales
Valuable property on large plot
Property redevelopment potential
Weekly turnover £8,000 to £9,000
REF 590350. EPC Band D.
Business and Property £379,950
West Yorkshire
HUGELY BUSY, LONG ESTABLISHED RETAIL BAKERY, TO INCLUDE PROPERTY AND LAND WITH DEVELOPMENT POTENTIAL in West Yorkshire for Sale.
Read More
Once in a generation opportunity to acquire a long-established and tremendously busy bakery in West Yorkshire. The bakery has operated from these premises for over 100 years we believe, and has continued trading very successfully under the current ownership for the last 40 years. The owners intend to retire now, leaving a huge opportunity for energetic new owners to take over this business which is considered an institution in this close-knit but densely populated township.
THE BUSINESS – The business trades from the retail shop premises and enjoys excellent profit margins as they make most of their own pies and breads and only sell within their shop and not through lower margin wholesale outlets. The shop has an average turnover of between £8,000 and £9,000 per week, over very short opening hours. Sales turnover for the year to 31 March 2023 was £452,179 net of VAT and the financial accounts show tremendous net profits. Detailed trading and Profit and Loss accounts will be made available to interested parties who have formally viewed the property.
THE PREMISES – The business and premises are available Freehold, although leasehold offers for the goodwill of the business, fixtures, fitting and equipment may be considered.
The Premises comprise:-
Ground floor: Lock-up shop front with sales counter and several substantial, back of house, product prep areas, bakehouse area with commercial baking ovens, two walk-in fridges and lots of storage.
First floor above the retail shop: Two double bedrooms.
First floor over the bakery: Additional storage plus managers office or living room / bedroom. Additional double bedroom. Fully fitted modern kitchen and house bathroom. Box room.
Second floor: Double bedroom and full suite bathroom.
The private accommodation is partially renovated and has potential for conversion into a rental producing multiple occupancy home, two or more flats, or one substantial home.
Externally: Large car park on a flat lot, extending to approximately 440 sq mtrs (4,700 sq ft). EPC Band D.
