Frogmore Bakery Frogmore Kingsbridge

£350,000

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 pay £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. 

Key Features

Property Details

Property Type Commercial Property
Postcode TQ7 2NT

Floorplan

Room Descriptions

Living Room/Kitchen

4.75m x 5.40m (15' 7" x 17' 9")

Bedroom 1

4.11m x 3.13m (13' 6" x 10' 3")

Bedroom 2

2.76m x 3.08m (9' 1" x 10' 1")

The Second Floor Flat (rear)

Approached from a separate rear entrance to terrace.

Hall

3.94m x 1.82m (12' 11" x 6' 0")

Living Room

6.46m x 5.52m (21' 2" x 18' 1") patio door to Terrace.

Kitchen

3.06m x 2.88m (10' 0" x 9' 5") stainless steel sink built in cupboards and wall cupboards. Door to Balcony. Electric cooker point.

Bedroom 1

3.36m x 2.75m (11' 0" x 9' 0")

Bedroom 2

2.96m x 2.79m (9' 9" x 9' 2")

From Inner Landing

staircase to an Attic Room 8.52 x 2.16, Velux skylight.

Outside

The rear of the property is a hard standing and an enclosed level garden laid to lawn.

Tenure

The property is Freehold.

The ground floor Shop and Bakery areas are occupied 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.

Please Note

The Owners of the Business called @ The Bakery Frogmore and @ The Bakery Kingsbridge is also for sale making this an ideal opportunity to purchase both a thriving profitable business as well as a Freehold property with accommodation that can provide either home or income.

A Freehold Retail Shop and Bakery together with two residential flats which form an attractive investment opportunity. Energy Ratings - E, E & C.

KINGSBRIDGE OFFICE

113 Fore Street
Kingsbridge, Devon
TQ7 1BG

01548 852352

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