Retail premises for sale in Skelmersdale, Lancashire WN8

£84,999
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Well established bakers/confectioners/outside caterers.
  • Weekly turnover £4,500, impressive profits, truly enviable reputation, genuine growth potential
  • Prominent main road trading position, busy village centre adjacent
  • Superbly equipped, present owner since 1990, viewing strongly recommended

Property description

Reference - 46151

Description
This is a rare opportunity to acquire a long established and well known bakers and confectioners situated in a desirable loaction within Lancashire.

The area is a hive of activity throughout the day, attracting high levels of regular repeat and passing trade.

The business has been successfully operated by the present family owners for several years and during that time the business has acquired a truly enviable reputation within the locality, boasting an extensive and loyal customer base including domestic, commercial and professional clients.

The business offers a wide range of products including bread, muffins, morning goods, cakes, celebration cakes, pies, pasties, sausage rolls, freshly prepared sandwiches, salad rolls, fruit pots, buffets as well as tea, coffee and a selection of cold drinks.

The business operates from a single fronted commercial unit, providing versatile lock up business accommodation.

The bakery is equipped to a high standard with a comprehensive range of valuable catering equipment, which has been well maintained including a 3 deck electric oven, walk in freezer, ample equipment and CCTV.

This is a thriving business demonstrating excellent trading profits, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for an established group operator or an ambitious and energetic owner who can exploit the true potential, especially to develop the web presence and social media aspect which will naturally increase the already impressive weekly sales, whilst ultimately enhancing the overall profitability.

This is a rare opportunity to purchase such a well established business with a bright future, a viewing is highly recommended to avoid disappointment.

Sales
Currently shop sales average £4,500 approximately.

Accounts
Available accounts are to year end 30th April and are summarised below:

2017
Sales £219,050 Gross Profit £102,050

2016
Sales £225,786 Gross Profit £101,960

Trading Hours
Monday – Friday 08:30 – 16:30
Saturday 08:00 – 16:00

Staff
The business is managed by the owners with 9 part time staff members.

Building External
The single fronted shop premises offers a versatile lock up business accommodation across two floors.

Building Internal
The retail sales area is light and airy, creating a welcoming environment with a range of quality equipment, including ample refrigeration.

There is a storeroom and staff WC located to the rear of the property.

There is a fully equipped bakery/preparation area with a 3 deck electric oven, seperate fridge and freezer and a good range of well maintained machinery and equipment.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 10 years at an initial rent of £15,000 per annum exclusive of rates. Rent reviews are at 3 yearly intervals.

We are also advised that the vendor pays no business rates.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a rare opportunity to purchase a well known and highly lucrative business. To avoid disappointment a viewing is highly recommended.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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