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#Business ID: 16823

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Sweet Success, Okehampton

Business Location: Okehampton, Devon, England

Asking Price: £ 30,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Falcon Commercial is delighted to offer for sale this busy, well fitted Bakers which has been established many years and is now only being offered to the market as the owner’s wish to retire.

Sweet Success is a family run business that employs 2 members of staff which is open from Monday to Saturday from 8.00am – 4.30pm. It enjoys a turnover in the region of £123,000 per year with an average gross profit of around 56% which is derived from the sale of Bread, Rolls, Cakes, Pies, Pasties, Sandwiches, Hot and Cold Drinks as well as Confectionery. Many of the products are made in house with Pasties being extremely popular.

We feel that this is opportunity represents an ideal base on which to build upon possibly by expanding the delivery or wholesale side of the business. Early negotiations with Falcon Commercial are recommended.

Premises Details

The prominent double fronted premises benefits from being in a highly visible position on one the main road that runs through the center of Okehampton. It is surrounded by a wealth of complimentary independent and multiple businesses. Sweet Success also rent a fully equipped industrial unit for production (£125 per month) which is nearby. The retail unit briefly comprises of:

Ground Floor

Well fitted sales area containing 2 glass fronted illuminated display counters, drinks chiller, 3 ovens, 2 pie warmers, refrigerator, freezer, stainless steel sink unit and an array of baking equipment
Store room with sink unit

First Floor

Preparation Room with steel work surfaces, 2 freezers, freestanding shelving, 2 mixers, hot plate
Office which has a window to the front
Wash room
Toilet
Lobby which is used for storage and has 2 freezers and free standing shelving.

Tenure

The business is offered on a 10 year lease of which 8 years are remaining. The rent payable is £8,300 per year for the retail unit. We are advised that rent reviews are every five years.

Property Details

Property Type:

Lease

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