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Property for sale in Paignton Bakery

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Property - £268,000

Paignton Bakery

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First listed on: 01st April 2016

Nearest stations: Paignton (0.3 mi)Torquay (2.3 mi)Torre (3 mi)Totnes (4.8 mi)Ivybridge (5.1 mi)

Interested in this property? Call See phone number 01803 312502

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Property Features

  • Traditional Family Run Bakery with Wholesale
  • Improving Trade Year on Year
  • Sales 58,808 Year Ending May 2015
  • Net Profit 26,202
  • Spacious 3 Bedroom Owners Accommodation

Property Description

Winfields Commercial Agents are delighted to offer this traditional bakery and sandwich bar for sale with a wholesale trade. Business is for sale due to owners looking to retire. The business has grown year on year and offers a wonderful opportunity for an established baker to continue this much loved, traditional family bakery. Above the business there is a spacious 3 bedroom owners apartment with rooftop gardens, garage and cellar store area.

Situation & Description
Paignton Bakery is situated in Winner Street, Paignton being one of the three coastal towns which make up the English Riviera. Winner Street is a popular secondary high street trading area with a multitude of independent trading businesses which compliment the town and being close to the town centre and walking distance from the promenade and the sea.Paignton Bakery has built up an excellent reputation for quality, traditional breads, cakes and sandwiches as well as hot food takeaway and wholesale business, and being a registered member of The Real Bread Campaign. Currently run by a husband and wife team, this well established business has expanded over the past few years and has a healthy wholesale trade supplying 3 local schools via Torbay Council, local restaurants, cafes and tea rooms.The business is for sale due to retirement reasons and offers an excellent opportunity for an established baker to continue this thriving bakery food business.

Shop - 18\' 4\'\' x 14\' 5\'\' (5.6m x 4.4m)
A recessed, glazed, timber entrance door with large glazed panel display windows either side to main shop area. L-shaped serving counter with display units and chill unit, customer counter-top with chairs. Range of storage cupboards, hot pie cabinet, drinks machine, fridge, bread slicing machine, range of open shelving, further display units and electric till.

Main Bakery Area
The main bakery is laid out in 3 areas.

Area 1 - 17\' 1\'\' x 5\' 11\'\' (5.2m x 1.8m)
A through room presently used as a secondary preparation area with commercial stainless steel sink, prep tables, open shelving and upright fridges/ freezer.

Area 2 - 13\' 5\'\' x 8\' 10\'\' (4.1m x 2.7m)
A mixing room and preparation area, range of commercial stainless steel tables, 1x commercial bread mixer, 1x commercial pastry cake mixer, freezer, upright shelving, three phase electric, stainless steel sink for hand wash.

Area 3 - 13\' 1\'\' x 11\' 10\'\' (4.0m x 3.6m)
Large stainless steel preparation table with bread trays under, tins and cooling racks. Four deck electric baker\'s oven, prooving oven and dumbrill roll mixing machine.

Owners Accommodation
With connecting door to business and separate entrance door to side.

Kitchen - 14\' 1\'\' x 8\' 10\'\' (4.3m x 2.7m)
Domestic fitted kitchen with range of base units and rolled edge worktops, inset sink, gas cooker point, high window to side, washing machine, wall mounted gas boilers supplying hot water and heating to wet radiators for the property.

First Floor Landing
With access via staircase from ground floor inner hallway of of kitchen.

Lounge - 19\' 8\'\' x 11\' 10\'\' (6m x 3.6m)
Lounge accommodation.

Bedroom 1 - 10\' 2\'\' x 12\' 6\'\' (3.1m x 3.8m)
Double bedroom with windows to rear.

Bedroom 2 - 13\' 5\'\' x 9\' 10\'\' (4.1m x 3m)
Double room.

Bedroom 3 - 11\' 10\'\' x 5\' 11\'\' (3.6m x 1.8m)
Presently used as a study, single window to front.

Family Bathroom
A modern white suite.

Garage - 22\' 0\'\' x 13\' 5\'\' (6.7m x 4.1m)
Being situated to the rear of the premises with large roller door, two freezers, light ad power.

Staff WC

Cellar
Step lead down to cellar area with storage and light.

Rooftop Garden
Stairs from garage lead to first floor roof patio garden. Lean-to, aluminium summer room with sliding door to rooftop terrace being enclosed with attractive views to rear and distant sea views.

Services
Mains gas, electric and water are connected to the property. Services have not been tested by Winfields Commercial Agents.

Rateable Value & Rates Payable
Rateable value for Paignton Bakery currently stands at £3,400 p/a (VOA website 2010). Purchaser may be eligible for small business rate relief.For confirmation of rates payable, please contact Torbay Council; 01803 201201

Trading Information
We are informed that the turnover for the year ending May 2015 was £58,808 with a net profit of £26,202. Details of turnover and accounts will be made available once a successful viewing has taken place.

Tenure Details
Freehold, with vacant possession available on completion.

EPC Rating
EPC rating B available on request from agent.

Viewings
All viewings by prior appointment with the agent Winfields Commercial; 01803 312502

Externally
To the front of the business there is limited free roadside parking.

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Date History Details
01/04/2016 Property listed at £268,000

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Disclaimer

Disclaimer Property reference 13914TQ1_6624130. Details are provided and maintained by Winfields Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Winfields Estate Agents

107

Teignmouth Road

Torquay

TQ1 4HA

Telephone: See phone number 01803 312502

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference 13914TQ1_6624130. Details are provided and maintained by Winfields Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Winfields Estate Agents

107

Teignmouth Road

Torquay

TQ1 4HA

Telephone: See phone number 01803 312502

Arrange Viewing Arrange Viewing with Agent

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