A Devon-based business that has been run by the same family for 50 years is up for sale.
Ellis’s Bakery, which supplies local restaurants, cafés and colleges in Tavistock, is being sold due to impending retirement.
The terraced premises comprises a double-fronted retail sales shop with a commercial bakery on the ground floor, and preparation and storage rooms on the lower ground floor.
“This is a great opportunity to acquire an honest, down-to-earth Devon retail business in a great location and with great potential," said commercial property agent Huntley & Partners, which are selling the business.
Ellis’s has a good location close to the town centre, said the agent, adding: "As an independent trader of acknowledged quality, it has built a mountain of local goodwill.”
A negotiable length lease on Ellis’s Bakery will be available at £39,950, with a commencing rental of £14,000 per annum. The business has a turnover £127,000 and a net profit of £43,000 per annum.
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