Leasehold Bakery Located St Austell

Leasehold Bakery Located St Austell
Self Contained One Bedroomed Apartment Above
Family Recipe Passed Down Through The Generations
Ref 3025

Asking Price £59,950 plus SAV (£500)

Location
This established leasehold Bakery is located near the town of St Austell, Cornwall. Situated within a prominent and highly visible trading position on Slades Road. Nearby you have the village of Charlestown, famous for the filming of many TV programmes such as Poldark. Local attractions include, The Eden Project, The Lost Gardens Of Heligan and nearby is Carlyon Bay Hotel, Golf & Country Club.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Bakery which is located in St Austell. The business was established 11 year ago by our clients and they are now looking to sell the business due to other business commitments requiring their attention.
Since ownership they have undertaken a complete refurbishment and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Ogy 1 Bakery is owner operated with the help of 2 part time members of staff and has an annual turnover of circa £120,000. They serve handmade Cornish pasties which can be purchased on the premises or delivered to your door, they also provide catering solutions for both corporate & private events. Products are made in the heart of Cornwall using the best ingredients, sourced locally, to make quality Cornish pasties and pastries.
We believe that there is further potential to increase trade should you wish to do so, by advertising deliveries to the many local companies. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Saturday – 07:30 – 15:00
Sunday – closed

Leasehold
Original term: 7 years
Remaining: 3 years
Rent: £16,000 pa
Reviewed: 3 yearly
Business rates: zero

Ground Floor
Retail area (3.6m x 7.8m) comprising: tables and chairs to cover (12), upright freezer (Tefcold), upright drinks fridge (Polar), pastry glass display case (King) and sales counter.
Kitchen (3.4m x 8.5m) comprising: fan oven with stand (Pierres), sink with drainer, extraction point, wash basin, 2 x stainless prep tables, upright fridge (Bosch), chest freezer (Russell Hobbs),various pictures and various shelves.
Storeroom (2.4m x 1.9m) with various shelves.
Toilet (1.2m x 1.8m) with w/c, wall mounted mirror and wash basin.

First Floor
Apartment
Lounge/Kitchen, Bathroom, Double Bedroom.

External
Frontage with tables and chairs to cover (4)

EPC Rating D