Archived
Freehold investment property in Thornton Cleveleys
Thornton-cleveleys, Lancashire
- Asking Price: £325,000 +SAV
-
Turnover:
N/A its a Freehold Investment Property sale.
Please quote reference B05587
- Tenure: Freehold
Please quote reference B05587
Hilton Smythe is delighted to welcome to the market a Freehold Investment Property, which was formally an extremely well-established and popular traditional Bakery.
The orginal bakery business was established in 1947 by our clients’ parents, but has since closed down.
Our clients previously operated 6 days per week and generates a turnover of £640,000 per annum, with high gross profit margins. The bakery was well known for the artisan bread, freshly baked from the Macadams oven which was installed in 2016 and featured in an editorial for the Lancashire magazine.
Our clients offered a variety of traditional bakery products including cakes, biscuits, pies and sandwiches.
The premises boast a well-equipped kitchen, service area, cake decoration room, packing area and large preparation area in the out building.
The business had built up an enviable reputation within the area for the high quality of the products offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover. A new owner could increase the wholesale side of the business and embark on a modest marketing campaign to promote the goods offered.
This is an excellent opportunity for a new owner to take this already thriving property with growth potential to the next level; therefore, early viewing must come highly recommended.
Reasons to buy
- Extremely well established
- 5-star reputation
- Busy trading location
- Turn key business which a new buyer can re-open straight away
- Scope to expand should the purchaser desire.
N/A
N/A as the business is no longer trading.
The property is located on Anchorsholme Lane, Thornton-Cleveleys, surrounded by a wealth of shops, schools, and businesses, benefiting from a high volume of footfall and passing trade.
The area of the property is well served by the public transport system, with several bus stops within easy walking distance of the property.
The area is also well served by the A-roads within easy driving distance, which link to the M55 motorway network.
Situated on an arterial main road, with ample free street parking. The building is double fronted, 2 Story with large outbuilding and rear garden area. The space at the front of the shop is used for seating during the warmer months.
Ground floor
- Service area
- Till and card reader
- Large over counter chillers
- Tall drinks fridge
- Pie warmers
- Bread display shelving
- Window display space
Bakery/Kitchen
- Spiral Dough Mixer
- Moulding machine
- Stainless steel work tops
- Large prover
- Ample racking and baking trays
- Pie blocker
- Commercial ovens
- Range oven
- Meat fridges
Ample stainless steel work stations
Shelving systems
Walk in fridge and freezer
Packing area
1st floor
- Cake decoration room with ample storage and stainless steel worktops
- Storage room for packaging
- Office
- Bathroom
Tenure
We are advised the premises is Freehold.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
