Business For Sale in Swardeston, Norwich, Norfolk
- SIZE
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- SECTOR
High street retail property for sale
Key features
- Popular Bakery With Main Road Frontage
- Family-Run For Over 20 Years
- Known For Award Winning Bread
- Fully-Equipped Bakery Facilities
- 5 Star Food Hygiene Rating
- 95% of Products Produced On Site
- Currently Only Operating 4 Days a Week
- Public Retail & Business Customers
- Leasehold With Ample Parking Included
- Genuine Retirement Sale
Description
AWARD WINNING BAKERY - SWARDESTON, NORWICH, NORFOLK
Fruitcakes is a long-established, family-run bakery and retail outlet, renowned for producing award-winning fresh bread, rolls, and pastries of exceptional quality. The business has traded successfully for more than 20 years and enjoys a loyal customer base, attracting both local residents and visitors from further afield as well as local businesses.
Situated on a prominent main road, the property benefits from excellent visibility and a spacious forecourt with ample customer parking. The bakery has built its reputation almost entirely through word of mouth and continues to thrive on repeat business and strong community connections.
Nearly all products are freshly made on-site, with the business particularly celebrated for its award-winning wholegrain loaves. Now offered for sale due to the vendors' pending retirement, the business is ideally positioned for a new owner to build on its success, with significant scope for further growth.
BUSINESS:
Fruitcakes is primarily a retail bakery, producing a wide range of bread, rolls, and baked goods. Approximately 95% of products are made on the premises, ensuring consistently high quality and freshness.
The business currently operates on a four-day trading week, leaving significant scope to expand trading hours or introduce additional services such as cake decorating and outside catering both of which are regularly requested by customers. There is also potential to reinstate delivery rounds or extend wholesale supply to capitalise on demand.
Sales are driven by a loyal customer base and there is clear opportunity to develop further by expanding opening hours, increasing product ranges, or investing in marketing and an online presence which is limited presently.
PREMISES:
The premises feature a wide glazed frontage, creating a bright and welcoming retail space. The customer area is equipped with a central till point, triple refrigerated display unit, double ambient display cabinet, and a dedicated bread and roll display.
To the rear, a fully equipped preparation and baking area houses a comprehensive range of professional equipment, including provers, ovens, spiral mixers, roll press, bread moulder, pastry brake, dough press, freezers, fridges, and slicer. A small kitchenette/office and dry store are also provided.
Externally, the property benefits from a forecourt with customer parking, wide side door access for deliveries, and an externally accessed W.C. The lease includes parking spaces at both the front and side of the property.
We understand that the adjoining unit may be available for rent as well and in our opinion this could provide an opportunity to create an additional income stream with the introduction of a cafe or similar offering. This would be subject to discussion and agreement with the landlord and subject to any consents that may be required from the appropriate regulatory bodies.
ACCOMMODATION:
Whilst the lease for the premises does not include residential accommodation there are such units situated on the first floor which may potentially offer a new owner the opportunity to reside close to the business, subject to availability and discussion with the landlord.
KEY INFORMATION:
AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.
CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.
REFERENCE NUMBER: K36459E.
OPENING HOURS: 7:30am to 3:00pm, Tuesday, Wednesday and Friday. 7:30am to 2:00pm, Saturday.
TENURE: The Landlord has advised that they will be willing to grant a new lease on terms to be agreed and subject to their approval of the ingoing tenant.
The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.
RENT PAYABLE: £18,000 per annum.
RATES PAYABLE: Nil. We are advised that the business benefits from various Reliefs.
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: 3 full-time staff. Correct at the time of listing.
EPC: The Energy Performance Certificate shows a rating of '53/C', full document available on request.
PRICE: £115,000 PLUS STOCK AT VALUATION (EST. £2,000).
Comprising the leasehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern and not as a vacant premises.
VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.
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 RequestBrochures
Business For Sale in Swardeston, Norwich, Norfolk
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Norwich Station4.4 miles
Notes
Disclaimer - Property reference K36459E. 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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