Retail premises for sale in Saltersgill Avenue, Middlesbrough TS4
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Property description
Business for sale 100k
Business and Building 200k
Parker Barras are pleased to bring to the market, this thriving business, which has been operated by the same owners for over 23 years, with year on year increase in sales. The bakery was originally first established in the 80's so has a very long rich heritage.
Operating from 55 Saltersgill Ave., Middlesbrough TS4 3JT, offering freshly prepared baked goods for retail in store, outside catering, offering buffets via corporate functions / private events, with additional sales generated through 3 Jiffy delivery trucks, which have set rounds.
The business is basically fully staff run, with the owners having little day to day involvement in the running of the business only working roughly 10 hours a week. The owner have made the following comments about the 10 staff members who are mostly part time "the staff are a huge asset to the business and are all reliable and hardworking, they all wish to keep there jobs and keep working for the company under new management"
The business trades 6 days per week Monday – Friday 6am – 2pm and Saturday 8am – 2pm, for only 50 weeks of the year, closing for the Christmas holidays.
It has been awarded a 5 star hygiene rating and constantly receives glowing reviews online. It is also very highly regarding in the local and surrounding communities.
Very limited marketing takes place and scope for growth is available by increasing marketing, increased opening hours and opening 52 weeks per year.
The business demonstrates high turnover and profits year on year, we have financial accounts available on request upon a relevant nda being signed.
The property is available Freehold or leasehold, it can be rented by a new buyer for a fee of £12,000 Per annum, alternatively it can be purchased for £110,000
The landlords will offer a period of free rent unit April 2025 as a gesture of goodwill.
This is a fantastic opportunity to operate and run your own business.
Viewing strictly by appointment and no direct approach to the owners is to be made.
Business for sale: £100,000
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.