Frogmore Bakery Frogmore Kingsbridge
A Freehold Retail Shop and Bakery together with two residential flats which form an attractive investment opportunity. The popular Bakery has been on this site for over 160 years and the current Tenants who run the business have a new 6 year lease at £11,500 per annum. There two flats could be used for a future owners accommodation or as a letting investment, they are currently let on Assured Shorthold Tenancies at £7,440 and £6,300 per annum. Providing a full rent roll for the whole property of £25,240 per annum.
The property is just a few yards from the Creek and slipway giving easy access to the beautiful tidal waters marking it an ideal location for boating enthusiasts. Salcombe Harbour being about 3 miles downstream.
|Property Type||Commercial Property|
The Second Floor Flat (rear)
From Inner Landing
The ground floor Shop and Bakery areas are occupied under a new 6 year lease at a rent of £11,500 per annum with a break clause in the 3rd year.
Both flats are currently occupied under assured shorthold tenancies.
A Freehold Retail Shop and Bakery together with two residential flats which form an attractive investment opportunity. Energy Ratings - E, E & C.
113 Fore Street
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