This well-established bakery has been a cornerstone of the local community since 1903 and has been under the current ownership for nearly four decades. It presents a rare opportunity to acquire not just a thriving business but also a spacious three-floor flat in an affluent area of Lytham, ideal for those looking to both live and work on-site. Currently operational three days a week as the owners prepare for retirement, there is substantial potential for growth through extending trading days and possibly expanding the product offerings.
The commercial premises feature a sizable retail shop in the front and an extensive production area, allowing for operational flexibility. Additionally, the property is licensed for food takeaway until midnight, opening avenues for longer operating hours or diversifying service options such as catering or wholesale, which could be revitalized given the ample space available.
The integrated three-bedroom flat has its own entrance and currently generates an annual rental income of £9,000, offering immediate financial benefits alongside residential living. The flat includes a large lounge, an adaptable space that can serve as either a dining room or third bedroom, along with two generous bedrooms on the upper floor. The property also boasts a rear yard with convenient access via a service road for deliveries.
Overall, this historic bakery presents not only an established business model with strong community ties but also considerable renovation and expansion opportunities for forward-thinking investors.