Devon Bakers With Increasing Wholesale Trade Premium Advert

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Status
FOR SALE
Advert ID
197212
Reference
1254 / RightBiz

Details

Falcon Commercial is delighted to offer for sale this extremely well presented Artisan Bakers and Cafe which occupies a prime trading position on one of the main shopping streets in this popular Devon town. It has been under the proud ownership of our client since 2011 during which time they have made considerable investment in an extensive refurbishment of the premises. It is now being placed on the market as the owners wish to develop other business interests. During our client’s stewardship the business has built up an excellent reputation for its gorgeous bakery products, welcoming atmosphere, fantastic coffee & food as well as great service.

Bawdens The Bakers enjoys a central trading position, virtually opposite a free car park in this sought after village on the edge of Exmoor. Local customers and visitors are attracted to Bampton by the range of businesses on offer. This thriving business is operated as a bakers with a growing wholesale trade that uses 2 delivery vans as well as a café serving a variety of hot and cold meals. If it’s not made on the premises, then all produce is sourced locally wherever possible.

Bawdens The Bakers is run by our client with help from a dedicated team of full and part time staff. It generates a turnover in the region of £300,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly by running a modest marketing campaign, expanding the delivery area or by extending the opening hours to include Sundays, earlier in the day or evenings, especially in the summer months.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises
Substantial and well maintained leasehold building, benefiting from being in a highly visible position on one of the main roads that runs through Bampton. It is surrounded by an excellent mix of complimentary independent owned businesses.
The premises have been well maintained and are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
•Shop – with bespoke wooden display counter, refrigerated display unit, pie warmer and attractive display shelving units
•Two Café areas with approximately 20 covers
•Customer Toilet
•Office
•Fulling fitted kitchen with extraction
•Self-contained detached bake house containing an array of well-maintained bakery equipment that includes: 5 deck mono oven, 2 mixers, dough mixer, roll press, double door freezer, walk-in freezer etc
•Store room

External
•Tables & chairs for customer use

Business Details

Opening Hours
•7.30am – 4.30pm Monday to Friday
•7.30am – 2.00pm Saturday
•Closed Sundays

Turnover
•£300,000 Per year

Business Rates
Business rates payable: Nil
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock
The business stock value is: £6,000

Staff
The business is run by the proprietor with help from a dedicated team of full and part time staff who work on an agreed rota basis.

EPC
Commercial Energy Performance rating: TBC

Planning
Potential tenants are advised to make their own enquiries to Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton EX16 6PP


Tenure
•Leasehold.
•We are advised that the business comes with the benefit of a secure new lease for suitable applicants the terms of which are to be agreed
•The current annual rent payable is £10,800

Legal Costs
Each Party to bear their own legal costs incurred in the transaction.

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Viewing
Strictly by appointment with the vendor’s agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Location
Bampton is a popular small town, lying close to the Exe Valley and providing an exceptional level of local amenities, primary schooling and health care, as well as a thriving community and award winning pub. To the south and approached through the Exe Valley via the A396, lies Tiverton; a popular Mid Devon town straddling the River Exe and affording a more comprehensive range of commercial, educational and recreational facilities as well as providing access eastwards via the A361 (T) to the M5 (J27) and adjacent to this junction, mainline rail connections at Tiverton Parkway. To the north lies Dulverton and the Exmoor National Park, with Wiveliscombe and Taunton to the east and approached via the B3227.

Listing Details
Leasehold Price: £89,999
Tenure: Leasehold
Location: Bampton, Devon
Sector: Bakery Businesses, Cafes, Sandwich Shops
Financials
Annual Turnover: £300,000
Annual Net Profit: Available upon request
Key Features
  • Accounts Available
  • Fully Fitted
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