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Shop for sale

Elizabeth Way, Hartlepool, County Durham, TS25

Sold STC £12,950
69 sq. m.

Property Description

Commercial information

  • Business for sale
  • 742 sq ft (69 sq m)

Key features

  • REF: 1690

Full description

Tenure: Leasehold

Finlayson's Family Bakers operates from a fully fitted premise in Hartlepool in County Durham. This historical town developed around the Harbour and now has a population of around 92,000.

Ideally located within a parade of retail shops on Elizabeth Street, within a heavily populated residential area and in close proximity to the post office, industrial estates, nursery school, golf course and sports ground ensuring heavy footfall in the area. Conveniently there is also a large car park and bus stop to the frontage.

Hartlepool is served by two primary routes the A179 and A689 providing excellent road links and also benefits from two railway stations Hartlepool and Seaton Carew.

Hilton Smythe welcomes to the market Finlayson's Family Bakers. This popular business has been serving local residents and businesses since first being established by our client in 2009 and is very well known and respected within the community.

Finlayson's Family Bakers offers a comprehensive menu including savouries, hot and cold sandwiches with various fillings, jacket potatoes, daily hot specials, hot and cold beverages and a mouth watering selection of desserts.

The business also offers a regular delivery service to local businesses and provides outside catering for special events resulting in fantastic turnover. We believe both these services have the potential to be further developed to generate additional revenue.

The baker's is fully fitted with quality catering equipment and is in pristine condition throughout resulting in the 5 star hygiene rating. This profitable business is an ideal walk in trading opportunity and early viewing is highly recommended.

This mid parade premise briefly comprises:-

Retail area purpose fitted to suit trade with refrigerated serve over counter, heated serve over counter, glass shelved display unit, bread display stand, counter top drinks display chiller and electric till.

To the rear is a spacious kitchen with ample work top surfaces around perimeter, stainless steel sink unit, hand wash basin, electric fan oven, microwave, hot water boiler, 4 slot toaster, griddle, deep fat fryer, overhead extraction canopy and 4 ring electric hob.

Through to the rear preparation room, large double door stainless steel upright fridge, 2 chest freezer, microwave and sufficient worktop surfaces.

There is also an additional store room and toilet facilities.

To the front is a large customer car park.

We are advised leasehold.

The original lease length is 10 years with 4 years remaining as of 2016. Rent is 11,400 per annum.

The business opens:-

Monday to Friday 7.30am - 3.30pm
Saturday and Sunday 9.00am - 3.00pm

The business is run a manager and staff

We are advised the business generates a projected turnover for the year ending 5th April 2015 in the region of 130,000 per annum and a gross profit of approximately 57%.

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