£0 £1000000
£0 £1000000

Archived

Well Established Bakery For Sale

  • Asking Price: £195,000 +SAV
  • Turnover: We are advised the business generated a turnover of circa £240,000 as of 2019, further financial information can be made available upon request.

    Please quote reference B06430

  • Tenure: Leasehold

< 1-11 >

Enlarge

Please quote reference B06430

Hilton Smythe is pleased to welcome to the market, P & J Bakers.

There has been a bakers at this site for nearly a hundred years and one of the current owners has been involved in the business for over 40 years. The business has been run as P & J Bakers by the two vendors for the last 32 years and has been a real labour of love for them both.

The business is now being sold, albeit reluctantly and with heavy hearts only due to a wish to take a well-earned retirement. The vendors are keen to see their beloved business pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

The business is situated within a 3-storey building including a flat above allowed for a member of staff or business owner to live in.

P & J Bakers is a well-established business with an impressive reputation and an equally impressive number of regular customers, many of whom are known on a first name basis by the owners who are popular and well-respected members of the local community. This business can truly be said to be at the heart of the local community and is well supported locally.

P & J Bakers prepare and sell a range of traditional bakery products including;

  • Breads, large and small white, granary and brown
  • Apple & Blackcurrant pies
  • Apple Slices, Turnovers and Strudels
  • Custard Pies
  • Bakewell Tarts
  • Doughnuts
  • Cheesecakes
  • Cream horns and slices
  • Currant buns and loaves
  • Eccles cakes
  • Eclairs
Additionally, the offers a popular takeaway menu which includes a variety of filled rolls and baps, Sandwiches, hot meat pies, pasties and sausage rolls and hot and cold drinks.

The business is proud of its five-star Food Hygiene Rating

P & J Bakers benefits from good visibility on the internet with some lovely reviews such as:

“How is this place not reviewed yet? This is a small bakery that is busy at all times. I was doing my laundry across the street when I saw the constant flow of people in and out of this bakery getting fresh bread. I walked in there and I absolutely did not know what to choose. I was pretty full of breakfast, but I had to get something. So, I chose a big slab of bread pudding that only cost 75 pence!!! This bread pudding tasted absolutely amazing!”

“Very good quality service “

“Good Size baked goods at very good prices”

Scope to improve

  • Advertising and marketing campaign
  • Maximise the use of social media particularly Facebook and Twitter
  • Website ideal with an online ordering facility
  • Introduce a sandwich round delivering to local offices and businesses etc
  • Extend the opening hours, there is real demand for takeaway food in the evenings and on Sundays
  • Introduce new products, would be ideal as an Artisan bakers
Reasons to buy

  • A well-established business with an enviable reputation and many existing customers
  • A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit
  • All fixtures and fittings included making this a real Turnkey business opportunity
  • Ideal owner managed, partnership or Bolt on business
  • Current owners happy to offer a handover to ensure the continued success
  • Extremely attractive lease especially given the size and location of the business
  • Offers development potential to the upper floors
  • Priced to sell!
Hilton Smythe highly advise early enquiry to avoid disappointment.

This great little business is likely to attract considerable interest.

The business is owner run and managed with the help of 2 full time and 2 part time staff members.

The trading hours are as followed:

Monday to Saturday - 07:00am - 16:00pm

Sunday - Closed

P & J Bakers is located in the Tower Hamlets / Whitechapel area of London

Tower Hamlets is a London borough covering much of the traditional East End. It was formed in 1965 from the merger of the former metropolitan boroughs of Stepney, Poplar and Bethnal Green. The borough has a population of 272,890.

Whitechapel is a vibrant, multicultural district with many traditional pubs and curry houses, and the lively Whitechapel Market, a focal point for Asian food, discount fashion and home wares.

The Canary Wharf development, improved infrastructure, and the Queen Elizabeth Olympic Park mean that this area is undergoing considerable change and increased popularity and new residential building means that the business can only go from strength to strength going forward.

The business is beautifully presented and fastidiously maintained with clear visible signage. There is free on street parking in the roads and streets surrounding the premises.

P & J Bakers occupies 3 floors of an attractive, end terrace period property which is lovingly maintained and briefly comprises;

Shop

Pull out sun blind, windows and glazed door to front creating a light, airy and inviting interior, nicely presented with window display area, serve over counter, generous wrapping area with till etc.

Tea Room

Vinyl non slip flooring, tile walls, Buffalo electric urn, stainless steel preparation tables

Bake house

Generously proportioned with tiled floor and walls, flour storage area, number of multi deck commercial baking and pastry ovens, bakery counter with working area above, fridge freezers, traditional weighing scales, number of professional Planetary mixers, a large quantity of baking trays and sheets along with wheeled trollies

First Floor Preparation Room

A light and generous room with twin windows to front, tiled walls and floor, Planetary commercial mixers, chest freezers of various sizes, upright fridge freezers, stainless sink and draining board with Monobloc tap and wall mounted water heater, stainless steel preparation tables

There are a number of other rooms to the first and second floor currently used for storage but offering the potential to convert to living accommodation (subject to the necessary planning permissions)

Tenure
We are advised the business is being sold on a Leasehold basis with 8 years remaining on the Lease.

The lease is a council lease with low rent of £18,500 for London (Wapping), which is a prime location.

Similar Businesses For Sale
  • 6

    Family Run Bakery Founded Over 130 Years Ago

    Atherstone, Warwickshire

    £724,950 +SAV

    Discover Business
  • 12

    Well known award winning bakery business for sale

    Greater Manchester

    £529,995 +SAV

    Discover Business
  • 12

    Butchers With Income from Rental Accommodation

    Boston, Lincolnshire

    £499,999 +SAV

    Discover Business

6

Family Run Bakery Founded Over 130 Years Ago

Atherstone, Warwickshire

£724,950 +SAV

Discover Business

12

Well known award winning bakery business for sale

Greater Manchester

£529,995 +SAV

Discover Business

12

Butchers With Income from Rental Accommodation

Boston, Lincolnshire

£499,999 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Matthew Monks

    Sales Negotiator

    Popular business searches in the UK