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£0 £1000000

Well Known Bakery in Cardiff

Cardiff, Cardiff

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£159,999 +SAV

Ref: 12384 H

Leasehold

Overview

Hilton Smythe are proud to present to the market Hot Pantry Bakery. Hot Pantry Bakery has been established for the best part of 50 years and our clients have owned it for just over 34 years of that time but now have reluctantly decided to sell due to personal circumstances. This exceptional bakery specialises in first class handmade produce such as homemade custard slices, sandwiches and pasty’s. In addition to a good selection of sandwiches made from the bread in house with hot and cold fillings. Also this bakery is one of the few in the UK to use liquid yeast which aids much more distribution and fantastic quality cakes, breads and pastries. The business is complete with a Facebook and Twitter page and the bakery also has its own comprehensive website with a gallery of delicious products available. Although hugely successful we believe there is still scope to improve and a new owner may look into the possibility of extending the opening hours or remodelling the shop to host a seating area for customers. This is an excellent opportunity for a new owner to take this busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Turnover
The business reports an annual turnover of £322,400.

The business is currently run by the owner, 3 full time staff and 4 part time staff

The business is open from: Monday – Saturday: 5:00am – 5:00pmSunday – Closed

Hot Pantry is located in Cardiff, South Wales. The bakery is situated on a retail parade surrounded by residential homes and other thriving businesses including a pub, pharmacy and barbers on the main shopping street. With the business being in the town centre it benefits from high footfall and passing trade due to residents shopping and exploring the area. The nearest public transport station is 100 yards up the road from the bakery and is one of the main bus route that runs throughout the town. Cathedral road is one of the major roads into western Cardiff and part of the A4119 from Cardiff bay to Tondypandy. The area is known for its upmarket businesses that include law, dentistry, medicine and psychotherapy.

The business premise has a large window which brings a light airy welcoming interior with a vast range of shelving and display cabinets displaying all pastries and cakes that are made on the premises. The room is complete with florescent lighting. To the rear of the bakery is the sandwich | prep room which is fitted with vinyl flooring, fitted steel sink and drainer, wall mounted cupboards and base units with generous worktops. There is also a walk in store room which is fitted with additional storage and a corridor leading to a unisex toilet and hand wash basin. As well as having a prep room there is also a production workshop which has a small window to the rear yard and filled with baking equipment that are listed below.Equipment:2 Refrigerated Glass Fronted Serve Over Counter 2 Glass Fronted Drink Chillers Range of Beech effect based units with tile splashbacks Delta Bread Slicing MachineCoffee Machine Two Microwaves 2 Stainless Steel Preparation TablesAutomatic pastry RollerKen Wood Chief Mixer Upright FreezerWall Mounted Cupboards Pastry Racking Large Commercial Dough Mixer Spiral Dough Mixer 2 Turbofan 32Max Industrial Ovens Range of base units with Worktop, 2 Turbofan 32Max Industrial Ovens Range of base units with Worktop,Tongue and GrooveYeast Fridge

Tenure
We are advised that the business is Leasehold.Original lease length is 10 years and a new is lease is in the process of being arranged. Rent £875 per month from January 2017 as the landlord has confirmed on the new lease.

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