Commercial Property for sale

Frogmore, Frogmore, Kingsbridge, TQ7

£120,000

Property Description

Full description

Tenure: Leasehold

A truly thriving and vibrant business which from its principal Bakery and Kitchens at Frogmore produces a wide range of popular bread and pastry products that are sold throughout the South Hams partly through their own Retail Outlet and partly through local hotels and restaurants.


The present proprietors have over the last 5 years built up the business from a modest but very long established village bakery into a most successful enterprise with a further retail outlet and kitchen in Kingsbridge and they have achieved several National Awards for some of their produce and they are now looking to retire and are seeking a younger pair of hands to continue and expand the business even further. The Bakery is well equipped with almost all new equipment essential to the trade. The shop opens 6 days a week from 8.30am to mid-afternoons. There are also Sub Post Office facilities on three allocated afternoons. Above the shop and bakery are two residential flats that could be made available to new owners of The Bakery if required.




Frogmore Bakery Accommodation 

Ground Floor  

The Retail Shop 
5.41 x 4.84 = 26.18m² (281 SQFT), with a chiller cabinet, coffee machine and tiled flooring.

Inner Cake Production Area 
7.49 x 5.40 = 40.45 (435 SQFT), with tiled flooring, 2 large fridges, 3 electric ovens, chiller cabinet, bread slicer machine, stainless steel work tops, pasty warmer and mixer.

Utility Room 
2.48 x 1.58 = 3.92 (42 SQFT), with stainless steel sink.

Main Bakery 
10.47 x 4.81 = 50.36m² (542 SQFT), fully equipped with roll divider, 2 mixers, bread divider, bread molder, 5 deck electric oven, doughnut frying machine, Proofer deep fat scotch egg fryer, pasty rake, vegetable prep machinery, 2 double retarders, 2 stainless steel sinks.

Rear Store Room 
6.54 x 8.18 = 53.50m² (575SQFT), with four chest freezers.

Note 
In addition to the equipment as briefly listed which had recent cost value in excess of £100,000 there is a delivery van. A Renault Trafic Sport (65 Plate).

The Kingsbridge Shop, No.11 Fore Street 
Situated just a few yards into the lower end of Fore Street, close to the Quays, The Promenade, Car Park and Town Square.

Ground Floor 
6.08 x 4.33 = 26.36m² (283 SQFT), with a coffee maker, pie warmer, two refrigerator cabinets, Pizza preparation station and fridge unit.

Basement 
3.74 x 4.3 = 15.46 (166 SQFT), a useful store.

First Floor 

Kitchen 
5.49 x 3.25 = 17.84m² (192SQFT), with electric oven, two stainless steel prep tables, 10 litre mixer and a 7 litre mixer.

Scullery Area 
with 2 stainless steel sinks, upright freezer and a fridge.

Separate WC and Basin 

Staffing Levels (excluding the two Directors) 
In the Summer months there a 2 Bakers.
1 Pasty Maker
1 Part Time Delivery Van Driver
2 Part Time Cake Makers
1 Part Time Sandwich Maker
4 Part Time Shop Assistants

Tenure 
Both premises are leased by the Business.

The Frogmore Bakery 
can be leased on a New 6 year lease with a Break Clause at the end of the 3rd year. The rent is £11,500 per annum. (Copies of the proposed lease can be made available)

The Kingsbridge Shop 
is leased with a remaining term of 1 ½ years at £7,800 per annum. (Copies of the lease can be made available)

Rateable Values 

Frogmore Currently no rates payable
Kingsbridge Currently no rates payable

General Information 
Three years audited accounts from Julian Brazil will be made available to interested parties following signing of Confidentiality Agreement.
Price of the Business as a going concern together with all the necessary Trade Equipment, Van etc. £120,000.

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.

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.

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