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Leasehold Bakery & Pasty Shop Located In Helston For Sale

Helston, West Midlands, UK
Asking Price:
£29,950 Furniture / Fixtures included
Turnover:
£148,079
Net Profit:
Available on request

Leasehold Bakery & Pasty Shop located in Helston. Prominent high street location. Established business.

Veritas Business Sales are delighted to offer for sale this respected Bakery & Pasty shop which is located in the Cornish town of Helston. There has been a Bakers/Pasty shop in these premises for over 30 years and this has been in the careful hands of our clients for the past 2 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have undertaken total 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. Tinners Bakery is owner operated with the help of 2 full time and 2 part time members of staff and for the period 01.09.2021 until 31.08.2022 posted a turnover of £148,079. with a GP of (63.7%). They serve a fine range of filled rolls, salads, pasties along with a range of cold drinks. All fayre is freshly prepared to order on site using only the finest Cornish produce which has gained them a Google & Facebook rating of 5.0.
We believe that there is further potential to increase trade by extending upon the current opening times and opening later in the day and on Sundays in the summer months, which currently they do not do. They would also benefit from offering a delivery service to the many surrounding businesses. 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 an established 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:

Term: 15 Lease
Remaining: 13 years
Rent: £5,400 pa
Rates: Zero

Location:

This popular Bakery & Pasty shop is located in the town of Helston, Cornwall. Situated within a prominent and highly visible trading position on the main high street which benefits from a high levels of footfall. The business is surrounded by other complimentary retailers, businesses and residential properties and has plenty of on-street parking. The area is well served by the public transport with a bus stop positioned directly outside the property. The nearest railway station is Camborne, which is approximately (8 miles) away. The area is also well served by A-roads, with the A394 being within easy driving distance which links to the national A-road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) south-west of Falmouth.

Premises Details:

Ground Floor
Retail area (6.2m x 5.2m) comprising: 2 stainless steel prep tables, upright fridge (Prodis), wash basin, chest of draws, sales counter, display chiller unit with counter (Zorin), food display case, upright drinks display fridge (Interlevin), wall mounted menu boards, food warming display unit, 2 ordering tablets with ticket machines and electronic till.
Prep room (3.3m x 4.5m) comprising: stainless upright freezer (Polar), stainless upright fridge (Polar), dual drainer commercial sink, potato rumbler, vegetable chipper (Buffalo), free standing oven (Rational), various oven trays on stainless steel stand, stainless steel table and 12 black veg prep buckets, 2 deep fat fryers.
Storeroom 1 (1.5m x 3.3m) with chest freezer, hot plate (Lincat) and various shelves.
Storeroom 2 (0.8m x 1.0m) with various shelves.
W/C (0.9m x 2.5m) with mirror and wash basin.

External
Rear bin storage.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Saturday – 9:00am – 3.00pm
Sunday – closed

Years established:
30 years

Other Information

Inventory / Stock value:
£1,000