Traditional Family Bakery With Wholesale Trade 3 Bed Owners Freehold £263,000 + Sav Premium Advert

Paignton, Devon
Freehold Price:
£268,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
177460
Reference
Paignton Bakery / RightBiz

Details

Situation & Description
Paignton Bakery is situated in Winner Street, Paignton
being one of the three coastal towns which make up the
English Riviera. Winner Street is a popular secondary high
street trading area with a multitude of independent
trading businesses which compliment the town and being
close to the town centre and walking distance from the
promenade and the sea. Paignton Bakery has built up an
excellent reputation for quality, traditional breads, cakes
and sandwiches as well as hot food takeaway and
wholesale business, and being a registered member of The
Real Bread Campaign. Currently run by a husband and wife
team, this well established business has expanded over
the past few years and has a healthy wholesale trade
supplying 3 local schools via Torbay Council, local
restaurants, cafes and tea rooms. The business is for sale
due to retirement reasons and offers an excellent
opportunity for an established baker to continue this
thriving bakery food business.

Shop 18' 4'' x 14' 5'' (5.6m x 4.4m)
A recessed, glazed, timber entrance door with large glazed
panel display windows either side to main shop area. Lshaped
serving counter with display units and chill unit,
customer counter-top with chairs. Range of storage
cupboards, hot pie cabinet, drinks machine, fridge, bread
slicing machine, range of open shelving, further display
units and electric till.

Main Bakery Area
The main bakery is laid out in 3 areas.
Area 1 17' 1'' x 5' 11'' (5.2m x 1.8m)
A through room presently used as a secondary preparation area with commercial stainless steel sink, prep tables, open shelving and upright fridges/ freezer.

Area 2 13' 5'' x 8' 10'' (4.1m x 2.7m)
A mixing room and preparation area, range of commercial stainless steel tables, 1x commercial bread mixer, 1x commercial pastry cake mixer, freezer, upright shelving, three phase electric, stainless steel sink for hand wash.

Area 3 13' 1'' x 11' 10'' (4.0m x 3.6m)
Large stainless steel preparation table with bread trays under, tins and cooling racks. Four deck electric baker's oven, prooving oven and dumbrill roll mixing machine.

Owners Accommodation
With connecting door to business and separate entrance door to side.
Kitchen 14' 1'' x 8' 10'' (4.3m x 2.7m)
Domestic fitted kitchen with range of base units and rolled edge worktops, inset sink, gas cooker point, high window to side, washing machine, wall mounted gas boilers supplying hot water and heating to wet radiators for the property.

First Floor Landing
With access via staircase from ground floor inner hallway of of kitchen.

Lounge 19' 8'' x 11' 10'' (6m x 3.6m)
Lounge accommodation.

Bedroom 1 10' 2'' x 12' 6'' (3.1m x 3.8m)

Double bedroom with windows to rear.
Bedroom 2 13' 5'' x 9' 10'' (4.1m x 3m)
Double room.

Bedroom 3 11' 10'' x 5' 11'' (3.6m x 1.8m)
Presently used as a study, single window to front.

Family Bathroom
A modern white suite.

Garage 22' 0'' x 13' 5'' (6.7m x 4.1m)
Being situated to the rear of the premises with large roller door, two freezers, light ad power.

Staff WC

Cellar
Step lead down to cellar area with storage and light.

Rooftop Garden
Stairs from garage lead to first floor roof patio garden. Lean-to, aluminium summer room with sliding door to rooftop terrace being enclosed with attractive views to rear and distant sea views.

Externally
To the front of the business there is limited free roadside parking.

Services
Mains gas, electric and water are connected to the property. Services have not been tested by Winfields Commercial Agents.

Rateable Value & Rates Payable
Rateable value for Paignton Bakery currently stands at £3,400 p/a (VOA website 2010). Purchaser may be eligible for small business rate relief. For confirmation of rates payable, please contact Torbay Council; 01803 201201

Trading Information
We are informed that the turnover for the year ending May 2016 was £56,293 with a net profit of £25,631. Details of turnover and accounts will be made available once a successful viewing has taken place.

Tenure Details
Freehold, with vacant possession available on completion.
EPC Rating
EPC rating B available on request from agent.

Viewings
All viewings by prior appointment with the agent Winfields Commercial; 01803 312502
Listing Details
Freehold Price: £268,000
Tenure: Freehold
Location: Paignton, Devon
Sector: Cake Businesses, Food And Drink, Bakery Businesses
Financials
Annual Turnover: £56,293
Annual Net Profit: £25,631
Key Features
  • Town Centre location
  • Attractive Business
  • Central Position in Affluent Village
  • Price Reduced
  • With Accommodation
  • Close to Local Amenities
  • Established Business
  • Small Business
Energy Performance Certificate (EPC)
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The data showed regarding this advert 'Traditional Family Bakery With Wholesale Trade 3 Bed Owners Freehold £263,000 + Sav - Paignton Bakery / RightBiz' comprises as a business advertisement. RightBiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall RightBiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.