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£275,000

BAKERS & CONFECTIONERS

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Country: UK
Sandwich, pie shop and cake makers. Our client's father started the business at premises nearby in 1922, and our client has owned this particular business since 1985, although a bakers has been on this site from the 1930s. The business is only now coming to market due to our client's wish to retire. The business has built up an enviable reputation for its freshly made sandwiches, famous pies, (over a thousand sold per week), its ranges of cakes and, until recently, its 'hotpot suppers'. The business currently enjoys an annual turnover of £150,000 with a gross profit of a staggering 70%, yet there remains infinite scope to develop turnover further as the business is run very much at a pace to suit our client. Our client is contacted weekly to provide pies and cakes for other business to sell, provide hotpot suppers, which have been so popular in the past, cater buffets for local business, weddings, funerals and christenings. They used to provide wedding cakes and various other celebration cakes as well as the delivery of lunches to the businesses surrounding the shop. With the effort our clients have previously put into the business, a new owner could easily treble the present income levels. In addition the premises boast a one bedroom flat above the deceptively large shop and work areas, with planning permission for a further two bedrooms to be built over the garage. This really is a particularly attractive purchase of a well renowned bakers. Early discussions with Bag a Business must come highly recommended.

Hagues the Bakers is situated on the busy B6390, just off the A635 Manchester Road and close to the M60 in the Tameside area of Manchester. The shop enjoys some off-road parking and extremely high volumes of passing trade, either on foot or by car. There are many schools and businesses in the immediate area that use the shop on a daily basis.

FINANCIAL DETAILS
A/T: £2,885 approx.
GP: 70% approx.

OPENING HOURS
Mon - Fri: 8.00am - 5.30pm
Sat: 8.00am - 5.00pm
Sun: Closed

ACCOMMODATION DETAILS
Substantial two-storey building. Briefly comprising:

GROUND FLOOR
Separate entrance to the upstairs accommodation and shop.
Open-plan sales area with two large refrigerated counters, drinks chiller, pie warmer, new electronic till, fridge/freezer, griddle, pie cupboard and toaster
Bread and muffin making room with various appliances
Garage converted to a freezer, refrigerator and store room
Downstairs lounge converted some years ago to large preparation room
W/C
Small office
Workroom

FIRST FLOOR
Kitchen
Lounge
Large double bedroom
Large family bathroom with W/C, basin, corner bath & shower cubicle

EXTERNAL
Paved rear garden

TENURE
Long leasehold
Original lease length: 999 years
Remaining lease length: 977 years
Rent: £6.00 per annum
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