Retail Property (high street) for sale

118 High Street - DD7

£399,950

Property Description

Commercial information

  • Business for sale

Key features

  • Income of £749k in the year ended 31st March 2014
  • All three shops benefit from prominent high street locations
  • The largest celebration cake producer in Angus, True craft Bakery
  • The business benefits from both wholesale and retail production

Full description

Tenure: Freehold

Description
Bruce & Co are delighted to offer this bakery for sale, based Carnoustie, Angus. The business comprises of 3 retail locations, 2 leasehold and one freehold. The freehold Carnoustie store also contains the bakery.

J.M. bakery was established in the 1950s and has traded consistently since this time. The current company, Grainstatus Ltd trading as J.M. Bakery, was formed in 2001 by Catherine Duguid before being purchased in 2008 by the current vendors.

The bakery addresses are as follows:

Shop & Bakery
118 High Street
Carnoustie
Scotland
DD7 7EB

Shop & Cake Decorating
27 High Street
Monifieth
Dundee
DD5 4AA


We are pleased to announce the re-opening of our Monifieth shop following an extensive upgrade. I would also like to introduce 'The Cake Studio' by J M Bakery, our new cake design and production workshop, where you can watch our cake decorating professionals in action. Our quality cakes now have a new quality facility more befitting our high standards.

Why not pop in for your favourite bakery products - you wont be disappointed. We also now offer bistro quality freshly ground coffee for takeaway.


Shop
182 High Street
Arbroath
Scotland
DD11 1HW


Situation
The J.M. Bakery, affectionately known locally as ‘The J.M.’, has been producing high quality craft bakery and confectionary goods in the picturesque Angus seaside town of Carnoustie for over 35 years. The J.M. Bakery is a proper traditional bakery, where everything is freshly hand crafted every day for the three retail shops, or specific orders for the many satisfied customers. The J.M. Bakery specialises in all things bakery, from the best morning rolls in Angus and Tayside, to specialist designer wedding and celebration cakes.

Having acquired the bakery in April 2008 from another family member, it is currently owned and run by Mark and Sheila Robb who have strengthened the business by further building on an established reputation for quality and service. With over 20 years’ experience each within the bakery sector, Mark manages the operation and the Bakery on the High Street in Carnoustie, whilst with her sugarcraft and confectionary background, Sheila specialises in creating individually tailored Wedding and Celebration cakes at the shop on the High Street in Monifieth.
In December 2010, The J.M. Bakery opened a new shop at 182 High Street, Arbroath, providing the third High Street location in Angus, strengthening the business yet further.

Following on from the 2010 expansion, The J.M. Bakery has been able to grow its provisions further and now not only offers a retail bakery service to their customers, but also supply their goods wholesale to many local hotels and businesses who are looking for that something a bit more special.


Marketing & Competition
As a true craft bakery the vendors feel they only have a few legitimate, direct competitors to their bakery products, and most do not offer such a comprehensive range of services as The J.M. Bakery.

The business currently communicates with retail customers directly through posters in the stores, flyers and direct personal contact. The digital presence is now proving to be a large business driver, with many enquiries being generated through the website and Facebook pages. The vendors have seen the levels of custom generated through these methods rapidly increase, and further development work can be carried out to drive this further.

Wholesale customers are currently contacted primarily through direct communication from the business owners. The past year has seen an increase in enquiries generated through the website, and further opportunity exists to expand this presence.


Wholesale
As a proper traditional bakery, all of the products are freshly hand crafted every day and The J.M. Bakery guarantees that their customers will never be disappointed with any of the products.

The standard product range includes bread and rolls, large and small patisserie products, meat products, filled rolls, biscuits, fresh cream products, all types of cakes and a party buffet range — although if The J.M Bakery don’t already produce it, they are always willing to try something new for their customers. In addition to this they offer labelled ‘Angus Shortbread’ Rounds and Fingers and the unique chunky oatcakes, ‘Barry Bannocks’.

A delivery service is provided from 7am onward Monday to Saturday, throughout Dundee and Angus.

The customer portfolio includes many high profile hotels and shops including Forbes of Kingennie, Milton Haugh Farm Shop, The Queens Hotel Dundee, G & A Spink plus many other hotels, bars and shops in the Dundee and Angus area.

The J.M. Bakery Wholesale — A Quality Service With The Personal Touch


Retail
The J.M. Bakery, affectionately known locally as ‘The J.M.’, has been producing high quality craft bakery and confectionary goods in the picturesque Angus seaside town of Carnoustie for over 35 years. The J.M. Bakery is a proper traditional bakery, where everything is freshly hand crafted every day for the three retail shops. The J.M. Bakery specialises in all things bakery, from the best morning rolls in Angus and Tayside, to specialist designer wedding and celebration cakes.

The standard product range currently includes bread and rolls, patisserie products, meat products, filled rolls, biscuits, fresh cream products, all types of cakes and a party buffet range — although if they don’t already produce it, J.M. are always willing to try something new for their customers. The J.M products regularly receive industry awards.

All three shops benefit from prominent high street locations, providing consistent passing trade.


Price
Offers Over £399,950 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

General
An overview of the opportunity is as follows:-

Income of £749k in the year ended 31st of March 2014

All three shops benefit from prominent high street locations

A wide variety of opportunities exist to expand the operation and the profits through further development of existing services

The existing staff team are multi-skilled, experienced and loyal — capable of running the business on a day-to-day basis.

The business benefits from both wholesale and retail production

The J.M. Bakery is the largest celebration cake producer in Angus

Products regularly receive industry awards

True craft bakery — all products are handmade


Nearest stations

  • Carnoustie (0.2 mi)
  • Golf Street (0.3 mi)
  • Barry Links (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Carnoustie (0.2 mi)
  • Golf Street (0.3 mi)
  • Barry Links (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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