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Reference R8380

Bakery in Suffolk for sale

Bakery in Suffolk for sale
Bakery in Suffolk for sale Buy a Bakery in Suffolk Sell a Bakery in Suffolk

Location
Situated in a parade, busy road, residential area, SUFFOLK

Features
Profitable Fully Equipped Freehold Bakery

The business has been in the same hands since estabished in May, 1991 & is now offered for sale due to the vendors semi-retirement.

Mainly retail bakery with only approximately 15% in respect of wholesale which in our opinion could be further developed, if desired.

GROUND FLOOR in the region of 700 sq. ft. including rear bakery. SHOP AREA with non-slip floor. Large mainly cool display counter, approximately ? of the counter is ambience display, electronic cash register, bread display shelving, open chiller unit (used for sandwiches & soft drinks).

BAKERY SECTION with 5-deck bakers oven, 2 provers, 1 upright deep freezer (with racking), 1 additional upright deep freezer, 1 chest deep freezer, 2 fridges, 2 bread slicers, 1 table top mixer, 1 floor standing mixer, bread moulder, roll moulder, large commercial sink plus 1 additional sink etc.

Storeroom
Staff w.c. & wash hand basin

Vauxhall Vivaro delivery van included (13 plate)

Turnover
WE ARE INFORMED the turnover averages 5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st December, 2016 showd 293,865 with a gross profit of 173,983 & a net profit before finance & bank charges of 55,066. We are furthe advised that the sales year ending December, 2017 showed 288,604 slightly less than year ending December, 2016 & we understand from the vendor that this was due to road works in front of the shop for a while.

Accommodation
The SELF CONTAINED accommodation DOUBLE GLAZED & refurbished in 2014 is at present let to the baker & provides a rental income of 450 per month. The FLAT comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, electric shower over the bath, w.d. & wash hand basin
Large Lounge
Fitted Kitchen
Separate Utility Room with w.c. & wash hand basin

Price
THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 295,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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