Retail premises for sale in Bolton, Scotland, United Kingdom BL6, £234,999

234,999.00

Offer Nr.:
64489601
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B07317_
Hilton Smythe are delighted to welcome to the market Settle's Bakery, a highly
rated sandwich shop in Horwich, Bolton.
Settle's Bakery was first established in 1966, and has been under our clients
ownership since 2017. The business is extremely popular within the local area,
building up an excellent reputation and regular customer base.
The business has now come to the open market due to our clients wish to pursue
a change of direction.
The business runs as a sandwich shop, bakery and convenience store. The store
sells an excellent variety of confectionery products, Alcohol and Tobacco.
The business enjoys great reviews such as;
* “Wide variety of breakfast food, bacon, sausage, eggs and cold sandwiches with lots more, even Caribbean food which comes with rice and peas”
* “Hot breakfast barns, pies, curries, filled rolls. Plenty of choice. Just fancy a drink? They’ve got that too, hot or cold. And if you fancy a sweet treat, they also sell cakes”
* “Amazing service, kind and friendly staff and delicious food! 100% recommend, definitely visiting again. Such an amazing bakery!”
Key selling points -
* A well established business with an enviable reputation and many existing customers
* Prime trading position with free parking nearby
* Current owner happy to offer a handover to ensure the continued success
* Includes owners living accommodation or rental opportunity
* Ideal owner managed or partnership business
* All fixtures, fittings and equipment included making this a real Turnkey business opportunity for a lucky new owner.
Scope to improve -
* Advertising and marketing campaign. A local leaflet drop often yields good results
* Extend the opening hours
* Maximise the use of social media
* Introduce a sandwich round delivering to local businesses at lunchtimes
* Develop an outside catering arm to the business
A full breakdown on all the equipment included in the sale can be made
available upon request.
_Location_
Settle's Bakery is located on Chorley New Road, in Horwich, Bolton.
The business has eye catching signage and receives high levels of footfall and
passing trade, benefiting from being within walking distance of the Bolton
Wanderers football stadium.
_Premises_
The business boasts a corner property at the end of terraced houses. The
property is well - signed with a large window to the front, this allows for a
bright and airy retail space. At the front of the bakery there is a seating
area for customers.
On entrance is the main retail space. There is perimeter shelving with display
racks, an open front drinks chiller, large glass serve over chiller and an ice
cream serve over chiller.
Behind the serve over chiller is the service area. There is a cigarette gantry
and shelving for alcohol. This area has a work top unit with cupboards and a
fridge. The counter top has a till, coffee machine, other equipment for making
coffees and pie warmers. From the ceiling hangs a menu board.
To the rear of the property is the bakery which is fully equipped.
There is a separate kitchen with base units a stainless - steel sink, fridge and
a microwave. Located at the back of the property is a staff toilet. A separate
store room comes with an upright freezer and two fridges.
On the first floor of the property there is an owner’s accommodation. This has
a kitchen, lounge, two double bedrooms and a bathroom. The accommodation has a
separate entrance to the side of the property. The flat is currently let out.
_Tenure_
We are advised that the business is being sold on a Freehold basis. Our client
has also advised that a leasehold option may be considered.
_Hours_
The current trading hours are -
Monday to Friday – 8: 00am – 4: 00pm
Saturday – 8: 30am – 2: 00pm
Sunday - Closed
_Staff_
We are advised that the business is run and managed by the owner, with the
help of 1 part - time member of staff.
_Financial Profile_
We are advised as per the 2020 accounts, the business generated a turnover in
the region of £98, 000. Further financials can be made available upon request.

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