Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

Edinburgh Branch

Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
e: info@cclproperty.com

High Street, Carnoustie , Angus , DD7 7EB

Offers In Excess Of £300,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Long established business
Three prominent trading locations
Freehold x 1 and Leasehold x 2
Craft Bakery
Celebration cakes
Highly profitable
Well-equipped
Excellent reputation

Description

A unique opportunity to purchase a well established bakers, located over three locations within Angus.  The business was awarded ‘Best Celebration Cake in Scotland 2022/23’ by the Scottish Bakers Association and has been operating within the area for decades. Early viewings are recommended. 

A wonderful opportunity has arisen to acquire a thriving Craft Bakery Business located across Angus from three sites. The current proprietors have owned and operated the business for over 15 years and watched the business grown steadily and expand. Along with a busy bakery and counter business, JM Bakery also specialise in celebration cakes which are all baked and hand crafted in store – the business was awarded ‘Best Celebration Cake in Scotland 2022/23’ by the Scottish Bakers Association. They also provide outside catering and have secured some strong contracts with local hotels and businesses.

Stock
Stock will be in addition at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale.

Trading Figures
This is a steady and successful business, run to suit the lifestyle of the current owners. Full trading information will be provided following a formal viewing.

Tenure
JM Bakery operated from three locations 2 of which are offered on a lease hold basis and one (Carnoustie) is offered as the Sottish equivalent of freehold.

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,578 /mo.25 Years, 5% Interest
Loan
ÂŁ270,000
Total Repay
ÂŁ473,518

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ3,500
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 1.17%

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