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For sale: Broughton Village Bakery, 4 Princes Street, Broughton-In-Furness, Lake District, LA20 6HQ

£395,000

Summary: A rare life style opportunity to purchase a thriving and highly popular freehold bakery and cafe business in the heart of one of South Lakeland's most delightful small towns. The business is for sale as a going concern and comes complete with a self-contained two bedroom apartment.

 
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Address4 Princes Street
Broughton-In-Furness
Lake District
LA20 6HQ
Property TypeHouse
Sold StatusAvailable
TenureFreehold
Bedrooms0 Beds
Bathrooms0 Bathrooms
Reception Rooms0 Receptions
Reference_KEN180034
EER/EI Ratingschart

A rare life style opportunity to purchase a thriving and highly popular freehold bakery and cafe business in the heart of one of South Lakeland's most delightful small towns. The business is for sale as a going concern and comes complete with a self-contained two bedroom apartment.

Award winning bakery and cafe.
Freehold business, for sale as a highly profitable going concern.
Much upgraded and improved by the present owners.
The cafe has covers for around forty people.
Long established business with an excellent reputation.
Potential for business expansion.
Comprehensively fitted and equipped kitchen and bakery.
Includes an attractively presented and spacious two bedroom apartment.
Desirable location.
A rare life style opportunity to live and work in one of the most beautiful locations in England.

Broughton is easily reached from the south and west along the A595 road. Coming into Broughton from the south proceed into the square in the town centre. Turn immediately left. At the T-junction turn right onto Princes Street and the property will be found on the left-hand side.

The property is located on Princes Street in the heart of the picturesque small town of Broughton-in-Furness, just around the corner from the impressive Georgian Square.

Broughton-in-Furness is a thriving town benefitting from a solid local community and a robust tourist trade. In addition to the bakery and cafe there is a newsagents/post office, a greengrocers, a butchers, three pubs, a primary school, church, Town Hall and Tourist Information Office.

The town is located within a beautiful part of the Lake District overlooking the Duddon Estuary. Nearby is the Duddon Valley, the Coniston Fells and Coniston Water. The nearest major town is Ulverston. There is a railway station at Foxfield, about a mile south of the town.

Retail Shop: Width: 3.86m
Depth: 3.21m

Double glazed windows to front and side. Tiled floor. Traditional pine shop counter. Shelving.

Cafe:26'9" x 11'5" (8.15m x 3.48m). A focal point of the room is the fireplace with a wood burning stove. Seven tables with covers for around 23 people. Upholstered window seat. Additional seating area in front of the fireplace with a further three covers. Understairs cupboard. Windows to front and rear.

Additional Cafe Area:11'9" x 11'8" (3.58m x 3.56m). Currently arranged with three tables providing up to fourteen covers. Double glazed window to rear.

Store Room:7' x 3'11" (2.13m x 1.2m). Baxi gas fired central heating boiler. Shelving.

Lower Ground Floor:

Kitchen:11'10" x 11'3" (3.6m x 3.43m). A fully fitted and equipped kitchen with stainless steel sink and drainer. Commercial cooker with gas hob. Various built-in appliances. Window and entrance door to rear. Oak work surfaces. Stainless steel wash hand basin.

Bakery/Preparation Room:25'10" x 10'7" (7.87m x 3.23m). Comprehensively fitted and equipped bakery. Four deck/four tray Dahler ovens. Stainless steel sink. Oak work surfaces. Ample shelving.

Preparation Room No.2:10'10" x 9' (3.3m x 2.74m). Work surfaces. Shelving. Gas fired central heating boiler.

First Floor

Customer Toilet:4'4" x 4'2" (1.32m x 1.27m). W.C and wash hand basin. Painted wood panelled walls.

Apartment Independent ground floor entrance with a staircase leading to the first floor.

Entrance Hall: A split level entrance hall. Built-in storage cupboards. Built-in linen cupboard with plumbing for a washing machine. Alcove lined with shelves.

Lounge:12'2" x 10'4" (3.7m x 3.15m). Double glazed window to front. Cast iron fireplace. Stainless steel bar radiator.

Kitchen:10'8"x 8'1" (3.25mx 2.46m). Refitted with a good range of built-in floor and wall units together with work surfaces and a stainless steel sink. Built-in oven, ceramic hob and extractor hood. Double glazed window to front. Shelving.

Bedroom No.1:12'3" x 10'5" (3.73m x 3.18m). A double bedroom. Double glazed window to front. Cast iron fireplace. Range of built-in wardrobes and a chest of drawers.

Bathroom:10' x 8'11" (3.05m x 2.72m). Suite in white comprising a panelled bath with shower, pedestal wash hand basin and a w.c. Painted wood panelling and part tiled walls. Built-in linen cupboard. Double glazed window to rear.

Second Floor

Bedroom No.2:17'4" x 8'2" (5.28m x 2.5m). A twin bedroom with built-in wardrobes and matching bedside pedestals. Velux double glazed roof windows on each side.

En-Suite Shower room:7'6" x 2'9" (2.29m x 0.84m). Suite in white comprising a shower cubicle, a wash hand basin and a w.c. with concealed cistern. Polished stone tiled walls. Double glazed Velux roof window.

Outbuildings

Store No.1:10'5" x 5'9" (3.18m x 1.75m). Work surface. Shelving. Plumbing for a washing machine.

Store No.2:11' x 9'9" (3.35m x 2.97m). A good sized store, currently used as the freezer room. Shelving.

Open Fronted Store:10'10" x 4'11" (3.3m x 1.5m).

Lavatory:7'6" x 2'11" (2.29m x 0.9m). W.C and wash hand basin.



Enclosed courtyard to rear.

THE BUSINESS
In 2016 Broughton Village Bakery was voted as one of the top 21 bakeries in England by the Daily Telegraph.    The shop offers a range of bread, cakes, pastries and pies. The cafe operates from two rooms offering around forty covers in total.

The cafe and shop open five days a week, Tuesdays to Saturdays inclusive.

Staffing is covered by a full-time cook and various part-time assistants.

in addition to the shop and cafe trade the business offers outside catering. There is excellent potential to expand the business by exploring further outside catering opportunities and by opening the cafe and shop on additional days.

The owners website www.broughtonvillagebakery.com provides further information (although this requires some updating).

ACCOUNTS
For the year to 30th November 2016 turnover was £241,152. The accounts showed a healthy profit. this included rent received from the apartment.

A copy of the abridged profit and loss accounts for 19th November 2014 to 30th November 2016 are available to genuinely interested parties only following an inspection.

FIXTURES, FITTINGS, FURNISHINGS AND EQUIPMENT
All furnishings and effects and equipment at the property are included, as are the furnishings of the apartment. A detailed inventory is available to genuinely interested parties.

TENURE
Freehold.

The apartment is currently let on an Assured Shorthold Tenancy at a rental of £595 per calendar month exclusive.   Full vacant possession is available if required.

COUNCIL TAX
Apartment - Band ‘B’
Bakery -      Rateable Value: £5,600.
The business may qualify for small business relief.

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Register your Interest: Broughton Village Bakery, 4 Princes Street, Broughton-In-Furness, Lake District, LA20 6HQ