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£0 £1000000

Popular Bakery Business in Ferryhill, County Durham For Sale

Ferryhill, County Durham

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£35,000

Ref: 2505

Leasehold

Overview

Hilton Smythe is delighted to welcome to the market this well-established and popular bakery business, ideally located within the town centre of Ferryhill, County Durham. The business was established in 1915 and has been in our clients careful ownership since 2013. Only now is the business being offered to the market due to our clients unfortunate health problems. The business operates 6 days per week and generates a turnover in the region of £130,000 per annum, with a gross profit of approximately 51%. The turnover is generated from the sale of a wide variety of fayre including breakfast buns, sandwiches, pies, pasties, Paninis, Artisan breads, jacket potatoes and soups, to name a few, as well as a variety of hot and cold beverages. Over 95% of the goods sold are baked freshly on the premises. The business boast a spacious sales area and well-equipped bakery. We feel there is scope to increase the turnover by extending the opening hours of the business, perhaps by opening on Sunday. A new owner could also embark on a modest marketing campaign to highlight the bakery or introduce deliveries to local businesses. There is also scope to expand the outside catering arm of the business. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Turnover
The business generates a turnover in the region of £130,000 per annum, with a gross profit of approximately 51%.

The business is owner run and managed with 2 x full time and 2 x part time staff members.

The business is open: Monday – Friday: 7.30am – 3.00pmSaturday: 7.30am – 1.00pmSunday: Closed

Ferryhill Vilage Bakery occupies substantial ground floor premises, ideally located in a prominent trading position within the town of Ferryhill, County Durham. The business is situated on the busy Main Street within the town and benefits from a high volume of footfall and passing trade. The business further benefits from ample parking facilities and is surrounded by complimentary shops and businesses, as well as densely populated residential areas, from which it draws much trade. The bakery sits next door to a popular public house and there are two schools nearby. Ferryhill is a town in south-central County Durham with a population of 11,651 residents, making it the 8th biggest town in the county. The town has seen many improvements in recent years including the award winning Mainsforth Sports complex and Surtees Doorstep Green. The area of the business is well-served by the public transport system with several bus stops within easy walking distance of the property. The nearest railway station is approximately 7 miles away in Bishop Aukland. The area is also well–served by the A-roads, with the property being located just off the A167, which links to the national A-road and motorway networks. Durham is just over 7 miles away and Hartlepool is 17 miles away.

Substantial ground floor premises in a prominent trading location, briefly comprising: Main sales and display area with: 2 x serve over chiller display units.Serve over hot food display unit.Coco Cola branded cold drinks chiller unit.Display shelving to perimeter walls.Bread slicer.Panini press.Rijo coffee machine.Electronic cash register. Food preparation area with: Ovens.Upright freezer storage.5 x pot Bain-Marie.Mixers.Stainless steel preparation tables.Stainless steel chest freezer.Stainless steel racking and shelving.Sink unit with hot water boiler above. WC. External: Well signed.Shuttered frontage.

Tenure
We are advised Leasehold: Original lease length: 5 yearsRemaining lease length: 2 yearsRent: £500 per month

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