Bakery With Accommodation - Lancashire [FY8 5DH]

- About
This long established bakery has been owned by the current proprietors for almost 40 years and has operated as a bakery since 1903. The business offers a rare opportunity to acquire a long standing establishment in an affluent area. Due to a change in personal circumstances, the owners have decided to place the business on the market, providing a new owner with the chance to build upon its strong reputation and expand operations. The business currently operates on a part time basis, trading only three days per week, presenting significant potential for growth.

- Premises Details
The bakery operates from a spacious ground-floor commercial premises with a retail shop at the front and an extensive bakery area to the rear. The property extends significantly, providing ample space for production. The premises are licensed for food takeaway until midnight, offering scope for extended trading hours or a diversification of services. The business previously engaged in wholesale and outside catering but does not currently offer these services although boasts plenty of space to reintroduce, presenting further opportunities for expansion.

The property also include a three bedroom flat with a separate entrance, which is currently tenanted, generating rental income of £750 per month. The flat consists of a large lounge, a dining room or third bedroom, a kitchen, a bathroom with a separate toilet, and two spacious bedrooms on the upper floor. The rear yard provides access for deliveries via a service road, ensuring efficient business operations.

- Summary
This is a unique opportunity to acquire a long established bakery and historical property with a rich history in an affluent and highly desirable location. With part time trading currently limiting revenue, a new owner has the potential to unlock significant growth by increasing operating days, expanding product offerings, and exploring wholesale and catering opportunities. The property also includes a spacious three bedroom flat, providing additional rental income or living accommodation. With its excellent location, strong reputation, and scope for development, this business represents an attractive investment for a new owner looking to enter or expand in the food industry.