The main bakery business is operated out of the property at 22 Regent Street, Keith. The main building fronting onto Regent Street comprises a two storey attic and basement building of traditional stone and slate construction. To the rear of this, and fronting onto Nelson Terrace, there is a further building which is two storey and attic in height, and of stone construction with a pitched roof, clad in felt tiles. To the rear of the main building there are a number of additions. The main bakery shop fronts onto Regent Street. To the rear of this is the main bakery and production area and above this, there is a small flour store. Adjacent to the front shop and also fronting onto the main road, there is a former house which currently requires refurbishment. Staff toilet facilities are located within a separate building, located off the central yard area. Further to this, there is a separate flat comprising a self-contained, two bedroom, first floor flat which can provide owner’s accommodation. In addition, there is a small shop at 169 Mid Street, Keith, which is currently leased by the business.
Location
The subjects are located on the south side of Regent Street, close to its junction with Nelson Terrace and Fife Street, within the town of Keith. Regent Street is one of the main arterial routes through the town and therefore, benefits from high levels of passing vehicular and pedestrian flow. Keith itself is a traditional market town, located some 45 miles north west of Aberdeen, along the main A96 Aberdeen to Inverness trunk road. The exact location of the subjects is shown on the attached plans.
Accommodation
The accommodation at present within comprises:
22 Regent Street, Keith Front shop, preparation area, kitchen, office, main bakery, basement, mezzanine flour store - 168.98m2 (1819ft2).
Storage Areas - 58.11m2 (625 ft2).
W.C’s - 31.87m2 (343ft2).
Flat - 81.33m2 (874ft2).
169 Mid Street, Keith Front shop, rear storage areas, w.c - 43.95m2 (473ft2).
The foregoing areas have been calculated on a net internal area basis in accordance with the Code of Measuring Practice (Sixth Edition) as prepared by the RICS.
Terms
Offers in excess of £300,000, (plus Stock at Valuation), are sought for our client’s interest in the premises. This would include the property at 22 Regent Street, along with the business goodwill. A separate agreement would require to be reached for taking over the current lease at 169 Mid Street, Keith. The terms of this lease can be made available to interested parties.