Commercial Property for saleWest Midlands
Ref: 1949 - EXCEPTIONAL FREEHOLD HIGH STREET BAKERS & RETAIL SHOP
Exceptionally well presented and well equipped throughout
Situated in the town centre of Willenhall, West Midlands
Advised turnover £221,329pa with good profit returns
Early interest and viewing is highly recommended
Ideal lifestyle change or bolt on acquisition
Scope for further development
Sizable 3 storey property
This superb bakery and retail shop is located in the town centre of Willenhall, West Midlands. The business is ideally situated benefiting from a consistently high footfall and good visibility. The bakery enjoys a fine selection of neighbouring commercial businesses and retailers which bring shoppers and visitors to the town throughout the year. Situated on the main High Street which leads to car parks and traditional High Street retailers, the business boasts one of the most favoured retail locations in the area. Willenhall is a very popular business and residential location due to its fine housing, good schools and NHS services, historic attractions and neighbouring open countryside. It lies midway between Walsall and Wolverhampton on the northern edge of the Black Country. As a town it is historically famous for the manufacture of locks and keys going back as early as 1770 when the town contained over 148 skilled locksmiths. The towns’ coat of arms reflects the contribution and importance of this historical industry. Willenhall also benefits from being less than 2 miles away from the M6 motorway which connects to the M5, M54, M42 and M1 making travelling and commuting very easy.
Meridian Business Sales are delighted to offer for sale this truly exceptional freehold bakery and retail shop which has a proud history dating back to 1979. Our clients are only now placing it onto the market due to their strong desires for retirement. The business which is run and managed by our clients with the assistance of very hard working and loyal staff achieves a respectable annual turnover of £221,329 derived from offering a very fine array of in house baked breads, cakes and associated goods. The business has always enjoyed excellent levels of repeat trade with many of the regular customers visiting for numerous years. The business also sees a good amount of new visitors from good word of mouth recommendations and from the highly visible trading location situated on the towns’ main high street. Our clients have worked exceptionally hard to build up a good reputation and the business is renowned for the high quality of product it produces and the friendly service provided spanning the last 30 years. This attention to detail has resulted in a very successful business which is seeing a significant growth for the first quarter of the current year. Our clients have also spent a considerable amount of money on presentation of the business and equipment which is a big plus for a new owner as additional funds will not need to be spent on modernising for the foreseeable future. Our clients are also generously including all equipment in the sale price which is a huge advantage for a new owner as this makes the bakery a true turnkey opportunity. This is one of the most well presented and well run bakery’s Meridian Business Sales have ever had the pleasure of offering to the market and we urge early interest and viewing in this thriving business.
Gross profit: £42%
Stock approximately: £2,500
We are advised freehold
Monday: 8:00am - 4:30pm
Tuesday: 8:00am - 4:30pm
Wednesday: 8:00am - 4:30pm
Thursday: 8:00am - 4:30pm
Friday: 8:00am - 4:30pm
Saturday: 8:00am - 4:30pm
Very well presented and well appointed 3 storey property offering front retail area, rear bakery production, first floor staff rooms, office, male and female toilets with changing facilities, storage room and cake finishing space, third floor 3 room storage area, external rear parking for 3+ vehicles, side alleyway access from front to rear. Redcare security system and full length secure shutter access, briefly comprising:
GROUND FLOOR - Full length security shutters
Large front full lengths sliding doors access
Front retail area with serve over displays
Several product and drinks displays
Rear bread and baked goods displays
Payment/work and preparation space
Rear of retail area
Long length open plan working and baking space
Sizable preparation/storage and work space
Rear fire exit/car parking access/deliveries
Stairs access to first floor
FIRST FLOOR - Reception landing accessing a staff room seating space, small kitchenette area, worktops and small cooker, drinks preparation, office area, desk and chair, paperwork storage.
Male & Female toilets and a changing room.
Storage room/cake finishing with racking and storage shelving also work space and a preparation area.
Stairs access to second floor
SECOND FLOOR - 3 rooms currently used for additional storage.
EXTERNAL - Side alleyway giving access from front to back and private parking for 3+ vehicles.
Equipment briefly comprises of: Dough mixer / French role moulder / dough divider / final moulder / doughnut fryer / fridge / fridge freezer / 3 rack final prover / bun moulder 36 piece / small 20 quant mixer / 4 deck oven / 5 deck oven / several stainless steel work tops / 7 bread racks / variety of bread tins / several baking trays / air cube / specialist vacuum cleaner / 3 retail serve over’s – 2 refrigerated / 6 display racks / bread slicer / freezer / 2x fridges / cream mixer / intermediate prover / associated hand tools and preparation equipment.
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