Rothbury bakery with additional income streams for sale
Specialist business property advisor, Christie & Co, is marketing for sale Greenwell Bakery, a traditional family-run bakery located in the Northumberland town of Rothbury.
Located only a few miles from Northumberland National Park and with many local attractions bringing in customers to the area, Rothbury is a thriving small town and busy throughout the year. Residents, passing trade and tourists come to Rothbury for a day out or to shop, and the bakery is one of the first shops you see entering the town from the East.
As well as the bakery, which is currently open Monday – Saturday, additional income is provided through rent from the tenant barbers and a two-bed holiday apartment. With the ability to trade throughout the pandemic, the business has been an excellent essential service for locals and also thrived in itself. The store currently does not open on Sunday, and as the world opens up and ‘staycations’ increase, Rothbury is likely to get even busier. A new owner may wish to trade seven days a week all year round or just part of the spring and summer season.
Andy Birnie, Director in Christie & Co’s Retail team is handling the sale and comments, “This opportunity is interesting as there are three different income streams; the bakery, rent from the tenant barbers and rent from the holiday let, making Greenwell Bakery particularly attractive to those looking for a good investment. Ideally the new owner will carry on the tradition of this excellent bakery for many years to come. The well-appointed spacious apartment above generates income as a holiday let at present but could just as easily be a full-time home for a new owner seeking to live in the glorious Northumberland countryside. The holiday let recently won the Customers Choice Award on cottages.com.”
Greenwell Bakery is on the market at an asking price of £450,000.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 72270794 or E: email@example.com
Contact the agent:
Andrew Birnie, Director – Retail
P: +44 (0) 7734 553 272