High Street Retail Property for sale

Bromyard, Herefordshire


£58,950
S.O.A.

Features

  • Beautiful location
  • Enviable reputation
  • Genuine reason for sale
  • Good turnover and profit
  • Tremendous potential for growth
  • Well-established

Description

City Business Brokers (retail) is delighted to welcome to the market this well-established and popular Retail and Wholesale Bakery Business, located in "Beautiful" Bromyard.
The business was established by our clients in 2005 and is only now being offered to the market due to our clients' desire to semi-retire.
The business currently operates early hours to fulfil ever increasing orders and is currently generating a turnover in the region of £1900 per week and a profit of up to £1200 per week!
Our clients manufacture and sell Breads, Pies, Cakes, Pasties and a wide arrange of Sandwiches and Soups through the shop as well as van sales to the local area.
The business has built up an enviable reputation within the area for the high quality of the goods and service offered which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
Note: The Coffee Shop/Lounge is for sitting and eating produce from the Bakery. This is a new venture for the owners, who have initially taken on the lease of the adjoining premises for 3 months. It is not included in the sale price of the business but the option is there for a new owner to take on the lease.
We feel there is scope to increase the turnover by securing more contracts from local businesses within the area. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and services offered and possible embrace weekend trade.
A rolling lease is currently in place; however, a new lease is available of 3-5 years if required.
The business is offered with all fixtures, fittings and equipment.
Other points to note:
RENT: Only £3216 per year!!

HOURS: The business currently operates early morning to fulfil orders and the shop is open from 8.30am-2.30pm 5 days a week Monday to Friday.

STAFF: The business is owner-run by the Husband and Wife.

FINANCIAL PROFILE: The business generates a turnover in the region of £95000 + per annum.
This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Categories

High Street Retail Property
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Property reference
CP_FD714E0D11_14