SOMERSET – FAMILY BAKERY AND SANDWICH SHOP IN LARGE VILLAGE

Cottage Loaf Bakey & Sandwich Bar – Based in a shopping parade of the large North Somerset village of Congresbury, close to the Mendip Hills, Bristol Airport and the Somerset Coastline. The bakery comprises a dining/service area seating 20 customers. The perfect family Bakery and sandwich bar to either continue or suit an alternative use.

The Cottage Loaf Bakery and Sandwich Bar is a ground floor lock-up in a shopping parade in the large North Somerset village of Congresbury. The village is located on the northwestern slopes of the Mendip Hills AONB and has a population of approximately 3,500. Congresbury has several public houses and a variety of shops, and stands on the A370 between Junction 21 of the M5 motorway and Bristol Airport, approximately 7 miles east of Weston-super-Mare and 13 miles south of Bristol city centre.

The nearest railway station is Yatton, serviced by the Great Western Railway, although Congresbury once had its own railway station on the Cheddar Valley Line, running from Yatton to Wells. This is now commonly known as The Strawberry Line and has been converted into a pathway for walkers and cyclists to enjoy.

The subject premises is located on Brinsea Road on the southern side of the village. It is located in a small shopping complex near the community car park.

TRADE AREAS
Front entrance into a DINING/SERVERY AREA which has wood effect tile flooring and a large glass display servery unit with shelving and griddle behind. Behind the counter top servery is a PREPARATION and WASH-UP STATION and a commercial refrigerator. The DINING AREA has seating for approximately 20 customers. To the rear is the BAKERY with wood effect tile flooring. It is fitted with a range of stainless steel equipment, a walk-in freezer and a DRY STORE AREA with a small corner utilised as an OFFICE. Staff TOILETS.

EXTERNAL
There is one PRIVATE PARKING SPACE as part of the freehold. Although there is no customer parking within the freehold, the premises is right next to a free community car park which has ample space for the business’s customers.

The Cottage Loaf Bakery and Sandwich Bar has been under our clients’ ownership since January 2018. It operates as an independent family bakery and sandwich bar, selling a variety of freshly prepared bread, pasties, pastries, sandwiches and hot food.

In our opinion, the business could continue as a family bakery and sandwich bar or may suit alternative commercial use. Further accounting information may be made available to serious parties following a formal viewing.

FREEHOLD £275,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

OR, ALTERNATIVELY:

LEASEHOLD: £100,000 to include goodwill, fixtures and fittings. Stock at valuation in addition
TERM: 20 years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
BOND: A bond equivalent to 3 month’s rent in advance, plus personal guarantors if the lease is taken as a Limited Company.
RENT: £20,800 per annum, paid weekly in advance
RENT REVIEW: Subject to rent reviews every fourth year of the term
REPAIR LIABILITY: Full repairing and insuring lease agreement
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will be payable on the Premium and rental payments.

N/A

Local Authority: North Somerset Council

SERVICES
All mains services are connected.

Rateable Value: £7,100 as at 1 April 2023