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Property Listing Details

Property details

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Last 30 days: 21 page views

Since listed: 117 page views

Description

Business
share sale

Please Quote Reference B05323


Hilton Smythe is delighted to welcome to the market Grange Bakery, an extremely well-established and popular traditional Bakery, operating from 3 busy locations in Cumbria.

Grange Bakery was originally established in 1911 and has been under the ownership of our clients since 2008, only now is the business coming to the market due to retirement.

The main Bakery, located in Grange Over Sands operates 6 days per week. The bakery is well known for their hand crafted traditional bread freshly baked from the 80-year-old Edwardian gas-fired trap oven. The bakery supply’s its own shops plus 5 local retailers as well as approximately 50 wholesale customers.

Our client offers a variety of traditional bakery products including cakes, biscuits, pies and sandwiches.

The premises boast a well-equipped bakery on the lower ground, with the ground floor being the retail shop.

The business has built up an enviable reputation within the area for the high quality of the products offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

The Bakery holds a 5 star google review rating with customers stating ‘Always have a good variety of breads, cakes & pies. Staff very chatty & welcoming. Love Local’ and ‘Delicious bread, scrummy pies’ Our client is offering a handover period to ensure the continued success of the business

The 3 shops and main bakery are fully staffed, each with their own manager; therefore, the purchaser doesn’t necessarily need to be a baker, but would benefit from organization and management skills.

We feel there is scope to increase the turnover. A new owner could increase the wholesale side of the business and embark on a modest marketing campaign to promote the goods offered.

This is an excellent opportunity for a new owner to take this already thriving business with growth potential to the next level; therefore early viewing must come highly recommended.

Structure

Offered for sale is the 100% Share Capital in the limited company on a debt free, cash free basis

Please visit Grange Bakery website for any further information

Location
Located in Cumbria, a beautiful part of the country visited by many tourists every year.
Main Bakery = Grange-Over-Sands
2nd Site = Barrow-in-Furness
3rd Site = Ulverston

Premises
Grange Shop
Refurbished Dec. 2017 approx 60k refit completed by Frimovel.
Display serve over counters, bread racking, hot plate, 'sandwich bar' display.
Coffee machine (fresh milk bean to cup)
Bread slicer
2 Panini machines
2 Soup urn
Bain Marie
Toaster
Plus all utensils, display baskets etc required.

Bakery
5 deck Mono steaming electric oven.
2 deck gas fired residual heat bread oven (installed in 1911 and originally coal fired) capacity 56 loaves per level.
3 proving cupboards
Bun divider
Bread Divider
2 large spiral Dough mixers
3 Hobart table top mixers.
Pie Blocker
1 pizza dough roller
Microwave
Walk in chiller
Walk in freezer

All racking / baskets /tools / tables / stuff etc required for operation of bakery.
Labeling / dating guns and Zebra label printer.
Pc and Apple desk top computers
Plus all office stuff.......
Labeling software
Production / costings software my
1 'L' sealing machine
3 Bread slicers
Approx 200 bread crates (logoed)
2 long wheel based Citroen Relay delivering Vehicles.

Situated on the main road with ample street parking.

Barrow shop.
2 serve over refrigerated display counters.
Open display drinks fridge.
Bread slicer
Pie warmer
Soup urn
Bain marie
Coffee machine (fresh milk bean to cup)
Large hot plate
Till.
Bread display baskets etc.
Prep area includes:
Bake off oven
Large griddle
Microwave.
Cooked meat slicer
3 fringes
1 chest freezer
Plus all utensils, etc to run premises.

Shared, off-street private parking.

Ulverston Shop
2 serve over refrigerated display counters.
Bread slicer
Soup Urn
Bain Marie
Bake off oven
Pie warmer
Microwave
Till
Cooked meat slicer
Chest freezer
2 Fridge'sCoffee Machine (bean to cup, powered milk)
Plus all utensil etc required to run unit.

Structure

Offered for sale is the 100% Share Capital in the limited company on a debt free, cash free basis

Tenure
We are advised the premises are leasehold with combined rent of £29,524 pa for all 3 shops

Hours
Main Bakery
Open Monday to Friday: 8 am to 5 pm and Saturday: 8 am to 3 pm.

Ulverston Market Hall
Open Monday, Tuesday, Thursday (Market Day in Ulverston), Friday and Saturday: 9am to 4pm

Barrow In Furness
Open Monday to Saturday: 8am to 4pm

Staff
The business is owner managed with a staff team of 20

Financial Profile
The business reports for 2019, a turnover of £635,000.

For further information quote reference number B05323

Map & Nearby

Local Amenities

  • Grange-over-Sands 0.4 miles
  • Kents Bank 1.5 miles
  • Fell House School (SEN) 0.1 miles
  • Grange CofE Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Grange-over-Sands 0.4 miles
  • Kents Bank 1.5 miles
  • Fell House School (SEN) 0.1 miles
  • Grange CofE Primary School 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.