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Business For Sale in Lowestoft, Suffolk

£45,000

£12.22 per sq ft

Business rates & charges may apply

EM&F East Anglia, East Anglia
SIZE AVAILABLE

3,681 sq ft

342 sq m

SECTOR

Cafe for sale

Key features

  • ESTABLISHED LARGE-SCALE BAKERY: Long-established family business with over 40 years of local trade, renowned for high-volume baking.
  • CAFE WITH SEATING FOR 60+ CUSTOMERS: Spacious café area seating up to 80 inside, plus 24 licensed outdoor covers.
  • PRIME HIGH STREET LOCATION: Prominent spot on Lowestoft's busy pedestrianised High Street with strong footfall.
  • FULLY EQUIPPED COMMERCIAL BAKERY: Extensive preparation space with modern and traditional bakery equipment.
  • POTENTIAL FOR REDEVELOPMENT STP: Scope to convert upper floors to residential use, subject to consents.
  • OUTDOOR SEATING LICENCE FOR 24 COVERS: Licensed pavement seating to attract passing trade year-round.
  • EXPERIENCED TEAM OF STAFF IN PLACE: Loyal team of 15 full-time staff plus owners ensuring smooth operations.
  • LONG TRADING HISTORY UNDER CURRENT OWNERSHIP: Over four decades of consistent, reputable family ownership.
  • SIZEABLE PROPERTY - OVER 300SQM / 3300SQFT: Three floors including large retail area and extensive preparation facilities.
  • STRONG LOCAL BRAND & COMMUNITY PRESENCE: Well-regarded with a loyal customer base and excellent local reputation.

Description

LONG ESTABLISHED BAKERY & CAFE - LOWESTOFT, SUFFOLK

EMF are delighted to present to the market Heils Bakery, an exceptional freehold or leasehold business opportunity in the heart of Lowestoft in Suffolk. Occupying a prominent position on the town's busy pedestrianised High Street, this well-established bakery and café boasts a loyal customer base, extensive equipment, and a fully operational team in place. Offering a true turnkey purchase, this business combines traditional craft with modern efficiency, appealing to both seasoned operators and new entrants alike.

BUSINESS:

Heils Bakery has operated under the current family ownership for over 40 years and enjoys an excellent reputation locally. With consistent opening hours from 8:30am to 4:00pm, Monday to Saturday, the business caters to locals, tourists, and regular High Street footfall.

The retail space offers seating for up to 80 inside and is licensed for 24 outdoor covers, making it an attractive café destination year-round. Behind the counter, the business is exceptionally well-fitted with a comprehensive array of food service and preparation equipment, including refrigerated displays, hot cabinets, griddles, coffee stations, and more.

Staffed by a loyal team of 15 full-time employees, plus the business owners.

PREMISES:

The property spans two main floors, plus additional facilities on the third floor. The ground floor comprises a spacious retail area with a large glazed shopfront, tiled interiors, and raised seating to the rear. The large customer counter area is well-appointed for efficient service, supported by ample refrigerated and hot display units. Ancillary areas include a dishwashing kitchen and customer toilet.

On the second floor, the bakery's heart lies in a vast 29.5m x 5.3m preparation area. This includes a walk-in fridge and freezer, Spectra and Sveba ovens, Hobart and Buffalo equipment, dough divider, bread slicer, as well as many other items of bakery equipment together with numerous workstations. The layout is optimised for high-volume baking, with both modern and traditional kit to meet demand.

The top floor includes a manager's office, male and female changing rooms, cloakroom, W.C. and male toilets off the stairwell.

We believe the property may offer scope for redevelopment subject to obtaining any necessary consents. Whilst we expect that the ground floor would be required to be kept for commercial use a redesign of the internal layout may allow for the conversion of the upper floors into residential accommodation. In addition the vendors own a separate parcel of neighbouring land which already has outline planning consent for 2 flats and which could be made available by separate negotiation.

KEY INFORMATION:

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: For the financial documents for the business, please complete a short online non-disclosure form.

REFERENCE NUMBER: K36452E.

OPENING HOURS: 8.30am to 4:00pm, Monday to Saturday.

TENURE: Freehold or Leasehold.

If purchasing the leasehold, a new lease is to be granted to the purchaser on terms to be agreed. The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.

RENT PAYABLE: To be agreed if the leasehold option is taken however we envisage this to be in the region of £18,000 per annum.

RATES PAYABLE: £3,443 per annum.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 15 full-time staff, plus the owners. Correct at the time of listing.

EPC: The Energy Performance Certificate shows a 'B' rating with a score of 42.

PRICE:

LEASEHOLD: £45,000 PLUS STOCK AT VALUATION.

FREEHOLD: £295,000 PLUS STOCK AT VALUATION.

Comprising the leasehold or freehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. The business is being offered for sale as a going concern and not as a vacant premises however the vendor may be willing to discuss the possibility of selling the property only, subject to negotiation.

VIEWING: Call our East Anglia office on to make an appointment.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.

Energy Performance Certificates

EPC On Request

Brochures

Business For Sale in Lowestoft, Suffolk

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lowestoft Station0.3 miles
  • Oulton Broad North Station1.6 miles
  • Oulton Broad South Station2.0 miles

About EM&F East Anglia, East Anglia

80H LTD t/a EMF East Anglia, Jonathan Scott Hall, Thorpe Road, Norwich, Norfolk, NR1 1UH

Thinking of selling your business? That's our business!

EMF East Anglia are proud business transfer agents covering Norfolk, Suffolk, Cambridgeshire, as well as Warwickshire and Northamptonshire. Call 01603 662 662 for a FREE no obligation valuation, or visit www.emfgroup.com.

Notes

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Disclaimer - Property reference K36452E. 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 EM&F East Anglia, East Anglia. 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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