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Thriving Family Bakery In The Heart Of Hythe For Sale

Hythe, Southampton, Hampshire, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£414,860
Net Profit:
£46,272

The Bakery has been a thriving family run business in the heart of the village for the last 35 years. The Bakery offers a wide range of freshly baked bread, cakes and pasties, and also features a popular sandwich bar, with regular customers visiting daily for their lunch.

Bespoke celebration cakes are made upon request. Deliveries made once a week for vulnerable members of the community.

The present owner took over the business seven years ago and extensively refurbished the establishment.
The bakery has just won an award for excellent customer service, and was short listed for Best Business in Southampton last year and made it to the top three!

The business has been expertly run but still offers a new owner plenty of opportunities to add new lines and catering services.
Ideally would suit a baker and partner to run as it would greatly reduce the staffing overheads giving a far greater net profit.

Property Information

Property:

Leasehold

Lease Terms:

Three years left on lease but landlord happy to extend.

Leasehold Rent:

£10,000 per annum

Location:

The bakery is in the heart of Hythe, a historical town ideally located next to The New Forest and the waterfront, it has a real 'village' feel atmosphere with plenty of weekly, and annual events taking place. The bakery is opposite the ferry which has a direct link to Southampton with ferries running every thirty minutes.
It is on the main through road with parking outside the shop door.

Premises Details:

The bakery has two floors, the ground floor having a modern window display area, a well presented counter and matching fully stocked sandwich bar, behind the servicing area are four fridges, till, coffee machine, pie warmer, microwave, plenty of shelves for displaying bread and rolls, as well as additional prep space. There is a shop sales area with drinks fridge, crisp stand and small seating area. To the rear is the main bakery which has air conditioning, four large cassette ovens, retarder, prover, chiller, bun divider, dough mixer, two Hobart mixers, donut fryer, fridge, microwave, bread slicer, shelving, washing up area with three sinks. Upstairs are two toilets, shelved area for flour, spacious storage area with four freezers, a heat sealer, ham slicer, pie press,leading to a small office equipped with CCTV, PC and printers. There is allocated parking to the rear of the premises for the business owner.

Energy Performance Rating:
C

Business Operation

Expansion Potential:

There is an excellent opportunity to work within the village to supply another Tilley's outlet which we would be happy to expand on should you be interested.

Competition / Market:

There is very little competition other than a bakery stall in the Tuesday market, which has very little impact on the bakery, if anything the market draws more customers into the shop.

Reasons for selling:

Owner is wanting to retire to spend more time with her family.

Trading hours:

Mon-Fri : 8:00 - 16:00
Sat : 8:00 - 15:00
Sunday : Closed

Employees:
17
Years established:
35

Other Information

Support & training:

Present owner happy to provide training.
Staff all have Level 2 Food Safety and Hygiene certificates, and some are First Aid Trained

Inventory / Stock value:
£5,000