Commercial Property for sale

Frogmore, Kingsbridge, TQ7

£350,000

Property Description

Full description

Tenure: Freehold

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. 




The Accommodation provides: 

On the Ground Floor 

The Retail Shop = 281 SQFT 

Inner Production Area 435 SQFT 

Utility Room 42 SQFT 

Main Bakery 542 SQFT 

Rear Store Room 575 SQFT 

The First Floor Flat (front) 

Hallway with staircase to Landing 

Living Room/Kitchen  
4.75m x 5.40m (15' 7" x 17' 9")

Bedroom 1 1 
4.11m x 3.13m (13' 6" x 10' 3")

Bedroom 2 1 
2.76m x 3.08m (9' 1" x 10' 1")

Bathroom 

Separate WC 

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 2 
3.36m x 2.75m (11' 0" x 9' 0")

Bedroom 2 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 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.

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.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Totnes (11.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Charles Head, Kingsbridge

113 Fore Street, Kingsbridge, TQ7 1BG

01548 466002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Charles Head, Kingsbridge

113 Fore Street, Kingsbridge, TQ7 1BG

01548 466002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Totnes (11.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Charles Head, Kingsbridge

113 Fore Street, Kingsbridge, TQ7 1BG

01548 466002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 8387447. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Head, Kingsbridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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