Miles & Barr Commercial are delighted to bring to market this freehold turn-key investment opportunity. The property has 13 years remaining on its existing lease and is trading as a bakery. The current tenants purchased the business from the current owners 2 years ago. Recent structural improvements include a brand new fiberglass roof to the property to be carried out prior to selling (with 25 year guarantee).
The Bakery has a takeaway with hot pies, rolls, cakes, pastries, sandwich and drinks.
The food is prepared on site in the bakery at the rear and the property has a food hygiene rating of 5 (very good).
The shop has a single glazed timber framed shop front with return frontage with a sales area c. 29.40 sq.m. (317 sq. ft.). There is a fully equipped bakery area at the rear c. 26.44 sq. m. (285 sq. ft.) with lobby and cloakroom.
Sales Area---29.40 sq. m. (317 sq. ft.)
With suspended ceiling, fluorescent lighting, racking and is fully equipped with refrigerated, heated serve over
counters, fronted drinks chiller, microwaves, freezers, coffee machine, racking and shelving.
There is potential for having outside tables and chairs.
Bakery Area---5.85 m. x 4.52 m. (L shaped)
Tiled floor, extraction unit, freezers, stainless steel benches, shelf unit, telephone, a Ramalhos four deck oven (3 phase), stainless steel sink unit.
First Floor---There is a first floor area which has a hot water tank and immersion heater.
This investment boasts a 6.4% gross yield.
|Front Sales Area||5.85 x 5.03 (19'2" x 16'6")|
|Ground-floor Bakery Area||5.85 x 4.52 (19'2" x 14'9")|