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Established Bakery In St Austell For Sale

St Austell, Cornwall, UK
Asking Price:
£29,950 Furniture / Fixtures included
Turnover:
£120,000
Net Profit:
Undisclosed

Leasehold Bakery Located St Austell. Self Contained One Bedroomed Apartment Above Producing £750 PCM Income. Family Recipe Passed Down Through The Generations.

Veritas Business Sales are delighted to offer for sale this very popular Bakery which is located in St Austell. The business was established 13 years ago by our clients and they are now offering the business for sale due to other business commitments requiring their attention.
Since ownership they have undertaken a complete refurbishment and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Ogy 1 Bakery is owner operated with the help of 2 part-time members of staff and generates an annual turnover of approximately £120,000. They serve handmade Cornish pasties which can be purchased on the premises or delivered to your door, they also provide catering solutions for both corporate & private events. All products are made in the heart of Cornwall using the only the finest locally sourced ingredients.
We believe that there is further potential to increase trade should you wish to do so, by advertising and marketing the deliveries to the many local companies. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 7 years
Remaining: ends Jan 2027 (New lease available)
Rent: £18,000 pa
Business rates: zero

Living Accommodation:

First Floor
Apartment
Lounge/Kitchen, Bathroom, Double Bedroom.
The apartment is sub-let for £750 PCM

Location:

This established leasehold Bakery is located near the town of St Austell, Cornwall. Situated within a prominent and highly visible trading position on Slades Road. Nearby you have the village of Charlestown, famous for the filming of many TV programmes such as Poldark. Local attractions include, The Eden Project, The Lost Gardens Of Heligan and nearby is Carlyon Bay Hotel, Golf & Country Club.

Premises Details:

Ground Floor
Retail area (3.6m x 7.8m) comprising: tables and chairs to cover (12), upright freezer (Tefcold), upright drinks fridge (Polar), pastry glass display case (King) and sales counter.
Kitchen (3.4m x 8.5m) comprising: fan oven with stand (Pierres), sink with drainer, extraction point, wash basin, 2 x stainless prep tables, upright fridge (Bosch), chest freezer (Russell Hobbs),various pictures and various shelves.
Storeroom (2.4m x 1.9m) with various shelves.
Toilet (1.2m x 1.8m) with w/c, wall mounted mirror and wash basin.

External
Frontage with tables and chairs to cover (4)

Energy Performance Rating:
D

Business Operation

Trading hours:

Monday – Saturday – 07:30 – 15:00
Sunday – closed

Years established:
11 years

Other Information

Inventory / Stock value:
£500