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Bakers & Confectioners, Hemsworth, West Yorkshire

£90,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

Ask agent

SECTOR

Shop for sale

Key features

  • Well-known and much loved business
  • Densely populated town centre
  • Established over 100 years
  • High profit margin shop sales

Description

HUGELY BUSY, LONG ESTABLISHED BAKERY in West Yorkshire for Sale.

Once in a generation opportunity to acquire a long-established and tremendously busy bakery in West Yorkshire. The bakery has operated from these premises for over 100 years we believe, and has continued trading very successfully under the current ownership for the last 40 years. The owners intend to retire now, leaving a huge opportunity for energetic new owners to take over this business which is considered an institution in this close-knit but densely populated township.
THE BUSINESS - The business trades from the retail shop premises and enjoys excellent profit margins as they make most of their own pies and breads and only sell within their shop and not through lower margin wholesale outlets. The shop has an average turnover of between £8,000 and £9,000 per week, over very short opening hours. Sales turnover for the year to 31 March 2023 was £452,179 net of VAT and the financial accounts show tremendous net profits. Detailed trading and Profit & Loss accounts will be made available to interested parties who have formally viewed the property.
THE PREMISES - The business and premises are available on a leasehold basis, but offers on the freehold interest would be considered. The premises comprise:-
Ground floor: Lock-up shop front with sales counter and several substantial, back of house, product prep areas, bakehouse area with commercial baking ovens, two walk-in fridges and lots of storage.
First floor above the retail shop: Two double bedrooms.
First floor over the bakery: Additional storage plus managers office or living room / bedroom. Additional double bedroom. Fully fitted modern kitchen and house bathroom. Box room.
Second floor: Double bedroom and full suite bathroom.
The private accommodation is partially renovated and has potential for conversion into a rental producing multiple occupancy home, two or more flats, or one substantial home.
Externally: Large car park on a flat lot, extending to approximately 440 sq mtrs (4,700 sq ft). EPC Band D.
Stock £10,000.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

Notes

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Disclaimer - Property reference 590349. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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