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JM Bakery, 118 High Street, Carnoustie, Angus, DD7 7EB

£300,000

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

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

Description

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.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,578 /mo.25 Years, 5% Interest
Loan
£270,000
Total Repay
£473,518

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£3,500
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 1.17%

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