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German Bakery 358/360 St George st 3,000 SF 100% Leased Retail Building Annapolis Royal, NS B0S 1A0 $572,382 USD ($190.79 USD/SF)



EXECUTIVE SUMMARY
Annapolis Valley's Traditional Bakery, The German Bakery in Annapolis Royal is for sale. This is a complete turnkey business opportunity. 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-service bakery and restaurant with a recognized brand that can be purchased at many Nova Scotia Farm Markets. An exterior patio allows for thirty patrons to sit during the summer season as well as an interior restaurant that can seat fifty patrons. The sellers have several tour 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 you would expect to find in a traditional bakery with ample storage in the basement, a loading bay at the rear and 10' x 10' freezer housed outside beside the loading bay. The upper level of the Bakery has two rental apartments that are occupied by tenants. The sellers have expressed that they would be willing to help new owners learn the business and recipes if needed. This arrangement would be worked out between the new owners and the sellers outside of this sale offering.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1876/2010
Price
$572,382 USD
Price Per SF
$190.79 USD
Percent Leased
100%
Building Height
2 Stories
AMENITIES
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
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German Bakery | 358/360 St George st
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