358/360 St George st - Restaurant FOR SALE


Annapolis Royal, NS B0S 1A0
$799,000 CAD
902-670-2430
358/360 St George st, Annapolis Royal, NS for Sale
$799,000 CAD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

358/360 St George st
Annapolis Royal, NS B0S 1A0


OVERVIEW

Annapolis Valley's Traditional Bakery, The German Bakery in Annapolis Royal is for sale. This is a complete turnkey businessopportunity. This rare find is a gem for someone wanting to move to Annapolis Royal to carry on the tradition of German BakedGoods in the Annapolis Valley or open a restaurant. Located across from the historic Fort Anne, The German Bakery is a full-servicebakery and restaurant with a recognized brand that can be purchased at many Nova Scotia Farm Markets. An exterior patio allows forthirty patrons to sit during the summer season as well as an interior restaurant that can seat fifty patrons. The sellers have severaltour buses who make this their eating stop while in Annapolis Royal. Annapolis Royal is an UNESCO Heritage protected town/site,giving the location of The German Bakery a very exclusive and strategic position. The Bakery/kitchen has all the equipment youwould expect to find in a traditional bakery with ample storage in the basement, a loading bay at the rear and 10' x 10' freezer housedoutside beside the loading bay. The upper level of the Bakery has two rental apartments that are occupied by tenants. The sellershave expressed that they would be willing to help new owners learn the business and recipes if needed. This arrangement would beworked out between the new owners and the sellers outside of this sale offering.

FOR SALE DETAILS

PRICE

$799,000 CAD

PRICE/SF

$266 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

German Bakery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lorene PrescesckyEngel & VolkersMore Info
902-670-2430

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Lorene PrescesckyEngel & VolkersMore Info
902-670-2430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.