Superb Bakery Business with Owner’s Accommodation, Moffat Ref. 2770A

Leasehold £90,000

This is an excellent opportunity to acquire this well established award winning bakery in the affluent market town of Moffat.

Annual net sales of £314,000 with excellent gross profit margins.

A superb 3 storey High Street property with highly visible shop and spacious bakery to the rear.

Large 3 bedroom owner’s accommodation above the shop.

Business, owner’s accommodation, fixtures and fittings for sale on a leasehold basis at offers over £90,000.

Option to purchase freehold property available by separate negotiation.

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Type of business
Being the only bakery in Moffat, this award winning business is a consistently profitable operation and is only offered for sale due to the owners wish to retire. A family run business established for over 90 years this bakery has a highly visible High Street location, free on street parking and no local competition. It is very popular with local residents and tourists alike and with all ages of customers from school children to the elderly. Ideally suited to an owner operator or couple who could run it with the existing shop and bakery staff. Flat above provides spacious owner’s accommodation. Moffat is a popular town situated just off the M74 in Dumfriesshire in southern Scotland and has a population of almost 4,000 inhabitants.
Opening hours
7am-3.30pm Monday to Friday, 7am-3pm Saturday.
Staff
The husband and wife owners run the business with 3 experienced bakery staff and 4 shop staff.
Tenure
Leasehold. Annual rent for shop, bakery and owner’s accommodation £1,750 per month. Shop and bakery have a rateable value of £10,600 so no rates are payable. Flat is council tax band D.
Premises
The premises are a highly visible property in the heart of Moffat. The shop and bakery are on the ground floor with an additional basement area extending under the shop. There is rear access for deliveries and staff parking. With side access separate from the shop, the owners accommodation extends over the first and second floors of the property. The flat comprises a large bright lounge to the front, a spacious family size dining kitchen, family bathroom with both bath and separate shower, and three good sized bedrooms. Gas central heating.
Financial information
Annual net sales for year to 30 September 2023 were £314,000. All equipment, fixtures and fittings are owned outright will be included in the lease agreement. Further financial information can be made available to serious interested parties after viewing.