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Retail premises for sale

£50,000 (£50/sq. ft) Offers in region of

6 Tregenna Place, St Ives TR26

1,000 sq. ft*
Interested in this property? Call +44 121 721 9902 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Well established
  • Scope to increase trade
  • Fantastic reputatio
  • Popular location
  • Ideal bolt on
  • 3 Bedroom accommodation
  • Lifestyle business

Property description

Leasehold Takeaway Sandwich Shop, Bakers & Confectioners For Sale In St Ives
Ref 2041

Location

This outstanding retail Bakery business is located in the highly desirable town of St Ives in Cornwall. It’s one of the countries most popular holiday destinations offering above average levels of sunshine and in 2010/ 2011 was awarded Best UK Seaside Town by the British Travel Awards. St Ives has a number of complementary independent and national Blue Chip retailers so enjoys a high level of tourism.

Business information

Asking Price: £50,000 plus sav
Turnover: £101,377 pa net of VAT
gp: £70,124 (69%)
Stock: £1,500

Leasehold

Original term: 25 years
Remaining: 16 months (new lease available)
Rent: £16,500 pa
Rates: £5,000 pa

Business Description

Veritas Business Sales are delighted to offer for sale this respected Bakery & Confectioners concern which is located in the highly popular tourist hotspot in St Ives. The business has been established for 27 years and has been in the careful hand of my clients for the last 17 years and is reluctantly being offered for sale but they are now due a well deserved retirement.
Since ownership they have continually 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. The business is currently owner operated and requires the help of 2 full time and 1 part time members of staff and has an annual turnover of £101,377 with a gp of 69%. The Oven Door Bakery serves a fine selection of freshly baked breads, pasties, cakes, freshly prepared sandwiches and hot & cold drinks. We believe that there is further potential to increase trade by extending the current opening times, potential to open on Sundays and you could add outside catering & buffets. The business 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 passing tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours

Monday – Saturday – 8.30am – 5.00pm
Sunday – Closed

Ground Floor

Retail comprising: 3 x serve over glass display cabinets, cash register, oven (Laventi), coffee machine, dual hand wash basin, dual panini grill (Veloc), bread slicer, fridge, drinks display cabinet and various storage units.

Basement

Preparation room comprising: 2 x chest freezers (Whirlpool), upright fridge x 2 (Hotpoint), bread slicer (Record), Stainless steel table, stainless steel sink drainer, office area with desk, computer and printer.
W/C with hand wash basin
Store room with washing machine and various shelving.

First floor

3 x Double bedrooms
Bathroom with shower cubicle, W/C and wash basin
Lounge
Kitchen

External

Small rear courtyard

What Zoopla users think of St. Ives

Overall rating:

  • currently 3.5 stars
Good - 75% (37 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate St. Ives:

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • St Ives (Cornwall) (0.3 miles)
  • Carbis Bay (1.2 miles)
  • Lelant (2.7 miles)
  • Exeter International Airport (97.9 miles)
  • Cardiff Airport (124.3 miles)
  • Bristol Airport (145.4 miles)
  • Penzance Ferry Terminal (6.9 miles)
  • Helford Village Ferry Landing (17.3 miles)
  • Helford Passage Ferry Landing (17.4 miles)

Nearby schools

View all schools in Cornwall
  • St Ives Infant School (0.4 miles)
  • St Ives Junior School (0.4 miles)
  • St Uny CofE School (1.6 miles)
  • Truro and Penwith College (17.2 miles)
  • Cornwall College (32.1 miles)
  • UTC Plymouth (58.8 miles)
  • St Ives School (0.7 miles)
  • St Piran's School (Gb) Ltd (3.4 miles)
  • Hayle Community School (3.6 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in TR26

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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