Location
This business opportunity is located within a popular secondary shopping area to the north of Whitley Bay town centre. In addition to the high levels of captive trade from other shoppers and residents, there is ample street parking for any visiting trade. Whitley Bay is one of the most popular residential towns in the region with excellent infrastructure and award winning beaches.
Business
The bakery has traded from this site since 2012 under a number of models that included a 6 day trading week with sit in table service. Following Covid, and a change in the owner’s work commitments, the trading hours have been altered drastically with the shop now only opens to the public 1 day a week.
The premises are configured to provide a service area with seating to the front of the unit and with the larger prep and bakery space behind, plus the walk in chiller. The bakery space is well specced with a 4 deck oven, an Artofex mixer, a proving oven and a wide range of complementary equipment.
The current menu offers a range of breads, all of which are prepared on site. Goods are only sold direct to the public with no wholesale or commercial element. New owners can expand the current bakery offer and hours whilst considering other menu options.
This is an opportunity to acquire an extremely reputable bakery with huge scope and untapped potential.
Premises
Comprise a ground floor self-contained unit forming part of larger three storey property.
Ground Floor
Service Space circa 305 sq.ft. (28 sq.m.) with serve over counters, seating booths for 8 covers, coffee machine and display shelving.
Bakery / Prep circa 265 sq.ft. (25 sq.m.) with a range of tables and chairs.
Walk-in Chiller
External
W.C.
There may also be the option to acquire the maisonette above the shop. Details on application.
Current Trading Hours
Saturday 9.00 am – 3.00 pm
Sunday - Friday closed
Fixtures & Fittings
An inventory will be made available to bona fide purchasers prior to any exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £4,100
Rates free incentives available subject to status.
Tenure
We are verbally informed that a new lease will be available. The commencing rent is expected to be in the region of £8,000 per annum with further details on application.
EPC
Rating – C.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
