@ The Bakery 11 Fore Street Kingsbridge

£42,000

@ The Bakery 11 Fore Street Kingsbridge

A popular and well supported Bakery Business currently selling a wide range of bread and pastry products. The Bakery sells locally made produce obtained currently from Frogmore Bakery, although there is the option to prepare and bake items in house using the food prep area on the first floor. It enjoys a steady all year round trade which is considerably boosted in holiday periods when visitors arrive wanting pasties and sandwiches etc. The shop is well positioned very close to lower reaches of the town and the main car park, Town Square and Promenade.

This is a great opportunity to re-locate to a beautiful part of the country with excellent schools and the chance to take over an established and successful business with low running costs. The front of house is operated by 2 part-time members of staff.

The shop is currently held under a lease due for renewal in October 2019. The Landlord is happy to grant a New Lease. The current rent being £8,000 per annum. The accommodation provides:

Key Features

Property Details

Property Type Commercial Property
Postcode TQ7 1PG

Room Descriptions

A well presented Retail Area

6.08 x 4.33 = 26.36 SQM (283 SQFT), glass frontage and recessed entrance leading into the main trade area with shelving unit, large chiller display cabinet, sandwich prep station with granite work top, toppings unit and 3 door fridge under. Wall mounted microwave, bread slicer and stainless steel sink unit. Service Counter, with cake display electronic cash register and chiller unit. Storage cupboards, wall mounted display unit, counter top heated cabinet and wash hand basin.

Basement

3.74 x 4.3 = 15.46 SQM (166 SQFT), used as a store.

Kitchen

5.49 x 3.25 = 17.84 SQM (192 SQFT), with electric oven, two stainless steel prep tables, and mixer.

Freezer Room

with two stainless steel sinks, upright freezer and fridge.

Rateable Value

£6,900. Please note this is not rates payable. Qualifying Small Business will be eligible for 100% Small Business Rates relief.

Tenure

@ The Bakery is held on a 3 year repairing and insuring lease from October 2016. The rent is £8,000 per annum. We have been informed the Landlord may consider granting a new lease with a longer term to the next tenant, subject to satisfactory references.
As a going concern with all the equipment at £42,000.

Stock

Will be in addition, at valuation, on the day of completion.

Inventory

To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

A popular and well supported Bakery Business currently selling a wide range of bread and pastry products. The Bakery sells locally made produce obtained currently from Frogmore Bakery, although there is the option to prepare and bake items in house using the food prep area on the first floor. The Landlord is happy to grant a New Lease. The current rent being £8,000 per annum. Retail Area, Basement, Kitchen, Freezer Room, WC & Basin. Energy Rating - G.

KINGSBRIDGE OFFICE

113 Fore Street
Kingsbridge, Devon
TQ7 1BG

01548 852352

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