category:
location:
type:
min price:
max price:
min beds:
Exclude Sold

Show on Map

Property For Sale


INSTITUTE ROAD, SWANAGE
£145,000


Property Information

Commercial Property



Swanage Office

41 STATION ROAD, SWANAGE, DORSET BH19 1AD

Estate Agents in Swanage : Corbens Estate Agents : 0 Bedroom Commercial Property : INSTITUTE ROAD, SWANAGE : Contact Us01929 422284



This is a rare opportunity to acquire an excellent business established in 1921 and run by the same family since that time. It is now only available due to the retirement of the proprietors. It comprises a highly successful and spacious bakery, specialist quality confectioners and producers of artisan bread. The retail shop is in a prime commercial setting in the centre of Swanage, approximately 100metres from the sea front. The premises are extremely well fitted and the business includes fully equipped modern bakery which is situated about one mile from the shop and specialises in supplying many other outlets in the Isle of Purbeck.

The business has been highly profitable for many years with a current turnover in excess of £600,000 and a gross profit of over 70 percent. The price includes the sale of the business and the equipment, a full list of which is available upon request. It is offered on a 15 year lease at a rental of £45,000pa with 5 year rent reviews. The purchaser will be responsible for a reasonable share of the maintenance and insurance of the building.

Haymans has been managed for the last two years and offers considerable scope for expansion of the business including opening during the evening.

Audited accounts are available for inspection by genuine applicant after they have viewed the premises. Stock (if any) at valuation.

ACCOMMODATION

MAIN SHOP/RESTAURANT AREA    10.7m x 5.8m (35’1” x 19’) approximately 62.3 sq metres (approximately 670 sq ft), plus 5.57m x 3.3m max (18’3” x 10’9”) approximately 18.4 sq metres (approximately 198 sq ft), glazed double entrance doors, 2 display windows and counter,  seating for up to 40 covers.

WC     with disabled and baby changing facilities.

KITCHEN    16.8m x 2.18m (55’1” x 7’1”), approximately 36 sq metres (approximately 387 sq ft), well equipped with commercial dishwasher, stainless steel worktables, shelving, 2 stainless steel sinks, 2 chest freezers, double doors to small service courtyard. 

FOOD PREPARATION AREA     5.56m x 3.31m (18’2” x 10’10”) approximately 18.2 sq metres (approximately 196 sq ft), stainless steel tables, preparation counter with refrigerated drawers, fridge, freezer, 4 ring gas oven, various grills, microwave. 

OFFICE    4m x 2.9m (13’1” x 9’6”), office furniture, computer.

STAFF WC    

OUTSIDE    Small service COURTYARD. Metal staircase to STORE 4.49m x 2.53m (14’8” x 8’3”) electric, light and power, 2 large chest freezers.      

BAKERY    Spacious premises totalling 200 sq metres over two floors.

GROUND FLOOR     fully equipped with ovens, provers, mixers, walk-in fridge and separate freezer, stainless steel tables, WC, roller door. 

FIRST FLOOR     walk-in fridge, stainless steel tables,various equipment,  stainless steel sink. OFFICE.   

OUTSIDE    PARKING for 6 vehicles. Two commercial vehicles are included in the sale.  

TENURE    The premises will be offered on a new 15 year lease with 5 year rent reviews. 

SERVICES    All mains services connected.

RATEABLE VALUE   We have been advised by Purbeck District Council that the Rateable Values for the properties are detailed below, although this must be confirmed by your Conveyancer prior to exchange of contracts.

                                                 Rateable Value      Rates Payable
    8 Institute Road                    £14,250                 £6,897    
    9 Victoria Avenue Ind Est     £9,300)               
    10 Victoria Avenue Ind Est    £1,825)                  £450 (for the three units)
    11 Victoria Avenue Ind Est    £2,650)               

VIEWING    By appointment only please through the Agents, Corbens, 01929 422284. Please note the post code for this property is BH19 1BX.

Victoria Avenue - Ground Floor

Victoria Avenue - First Floor

EPC

EPC

EPC

EPC
NOTE: These particulars are intended only as a guide to prospective Purchasers to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way for any purpose whatsoever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agents nor the Vendors are to be or become under any liability or claim in respect of their contents. Any prospective Purchaser must satisfy himself by inspection or otherwise as to the correctness of the particulars contained.