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JUST REDUCED Wholesale Bakery In Bury St Edmunds For Sale

Bury St Edmunds, Suffolk, UK
Asking Price:
£75,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
£50K - £100K

JUST REDUCED WHOLESALE BAKERY
PRICE: NOW £75,000 plus SAV – LEASEHOLD
LOCATION – BURY ST EDMUNDS - SUFFOLK
REF: C0059S
JUST REDUCED WHOLESALE BAKERY located on a VERY BUSY BUSINESS PARK that is in a HIGHLY BUILT-UP INDUSTRIAL AREA which is on the OUTSKIRTS OF THE TOWN CENTRE located in BURY ST EDMUNDS – SUFFOLK. The business has been ESTABLISHED 20 YEARS by our clients who bring this TURN-KEY BUSINESS to market with a GENUINE REASON FOR SALE which is being offered with a FULL COMPLEMENT OF EQUIPMENT inclusive of a SIGNED RENAULT KANGOO. We are advised current takings average IN EXCESS OF £3,300 PER WEEK with the annual turnover on the latest accounts showing NET SALES OF £143,227 and adjusted NET PROFITS CIRCA £60,000. The premises has LOW OVERHEADS, measures approximately 1000 sq. ft. and benefits from ZERO RATES PAYABLE along with 3 PARKING SPACES. We are advised a new secure lease will be made available at a current rental of £13,200 plus VAT per annum exclusive. Having built up an ENVIABLE REPUTATION, the business is supported by COMMERCIAL CLIENTS that include Schools, Pubs, Restaurants, Shops, Hotels, Bakeries, Petrol Stations and Sports Clubs. Rarely does a wholesale bakers of this calibre in this type of area with such high profit margins come to market so an EARLY VIEWING IS HIGHLY RECOMMENDED by sole agents ESSEX AND SUFFOLK BUSINESS SALES.

Property Information

Property:

Leasehold

Leasehold Rent:

£13,200 per annum

Size in square feet:
1,000

Business Operation

Reasons for selling:

Retirement

Years established:
20