Hank's Pastries
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A UNIQUE INVESTMENT OPPORTUNITY AND A PIECE OF HISTORY Hank’s has been a family-owned and operated business for 56 years. The building has featured a bakery in one form or another since its construction in 1884-5. A bakery on this lot preceded the fire that destroyed the original wooden building in 1884. This is a conjunction of business and location unequalled any- where else in Port Perry, and probably in the province for that matter. Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative Royal LePage Frank Real Estate Brokerage 268 Queen St. Port Perry L9L1B9 866-447-4434 Property Information for 204 - 206 Queen Street Property Type: Commercial C3 Property Code & Description: 471-Retail or office with residential unit(s) above or behind - less than 10,000 s.f. gross building area (GBA), street or onsite parking, with 6 or less apts. older downtown core Assessment Roll Legal Description: PLAN H-50020 PT LOT 59,60 Legal Description: PT LTS 59 & 60 PL H50020 AS IN D229098; S/T D229098 ; SCUGOG Year Built: 1885 Number of Full Storeys: 2 Frontage(ft): 25.00 Depth(ft): 165.00 Site Area(sq.ft.): 3,920.40 Sq.Feet Floor Level 1 includes 1,025 S.F. + 1,295 S.F. = 2,320 S.F. Floor Level 2 includes 1.025 S.F , 2 Bedroom residential apartment with a back deck Heritage : Subject to Heritage Conservation District 2018 GROSS INCOME= Presented by: 2018 N.O.I.= Carolyn Goff Blake Reid LISTING PRICE: $2,500,00 (Property plus Business) Sales Representative Sales Representative CB Commission: 2% 866-447-4434 "This offering is subject to prior placement and withdrawal, cancellation or modification without notice. The information contained herein as been compiled from sources we deem reliable, and while not guaranteed as to completeness or accuracy, we believe it to be correct as of this date. The pro forma income and expense set forth herein do not constitute a representation, warranty or guaranty of any of the numbers set forth in this brochure or of any economic value attributable to the property or income that may derived there from. Independent estimates of pro forma income and expense should be developed before any decision is made to invest in the property. All parties hereto are strongly advised to seek legal advice. (May 2019)" The Building 204-6 Queen Street was built immediately after the fire that de- stroyed much of the street in 1884. It is a fine example of Victorian Ontario’s commercial architecture and, along with most of the other buildings on Queen Street, its original facade contributes to the authentic historical character and boutique market sensibility of Port Perry’s downtown that residents, tourists – and film crews – have come to love and respect. Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative 866-447-4434 Location Hank’s is clearly one of the main attractions in Port Perry. It is situated right in the very heart of town, with its entrance on Queen Street, the town’s busy primary retail street. Supplementing the non-metered parking on Queen Street is a large free public parking lot immediately behind the bakery, and another large lot behind the buildings across the street. Lake Scugog and Palmer Park, great attractions for tourists and host to numerous events throughout the year, are a very short walk away at the foot of Queen Street. All the other advantages downtown Port Perry has to offer are within two short blocks of Hank’s front door. Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative 866-447-4434 Reputation In addition to several varieties of bread, Hank’s features all sorts of home-baked treats, specialty and custom-made cakes and pastries. Their apple fritters are especially popular. Despite recent competition from corpo- rate donut store chains and bakery sections within supermarkets, Hank’s has thrived. Their reputation for quality baked goods reaches past Durham Region and the Greater Toronto Area to well beyond Canada’s borders. The menu in the restaurant features all-day breakfast and lunchtime selections, with baked goods a featured element. Retail foot traffic is extremely brisk to say the least, and includes both local and tourist clientele. The efficient staff is known to accommodate lineups into the street, especially during the summer season. Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative 866-447-4434 Features and Condition The property has benefitted greatly over the years from onsite owner management and maintenance. The modern addition at the back was constructed in 1979, and its roof is fewer than two years old, while the roof on the main building is fewer than ten years old. Ask your Royal LePage sales representative about future expansion possibilities on the site. The second floor is a self-sufficient, two-bedroom apartment that will add to the income the property generates. At the back is a deck ideal for a BBQ and general relaxation. The basement is dry and suit- able for storage. Hank’s restaurant area seats 54. Its décor has an old-time country store ambience made even more warm and friendly by the distinctive and delightful smell that only a bakery can provide. Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative 866-447-4434 Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative 866-447-4434 The Advantages of Port Perry Close to the GTA: Port Perry’s historic down- town is the primary central business hub of Scugog Township, attracting business oppor- tunities as well as tourists. Only 50 minutes drive from the GTA, Port Perry is located on the Oak Ridges Moraine at the southern end of Lake Scugog, and its marinas provide the GTA’s closest gateway to the Trent-Severn Water- way. Highways #7, #12 and #2 (Simcoe Street) pass through town. Every day, all year ‘round, travellers on their way to cottage country in Haliburton and the Kawartha Lakes stop in Port Perry to fill their vehicles with gas and stock up on the food and supplies they need for recreational good times. Things to see, things to do: Port Perry is a true 4-season resort town. Here is a brief list of some of the facilities and events that keep visitors busy all through the year: the restored Town Hall 1873 with its live theatre and musical en- tertainment, Sunnybrae Golf Club, the Scugog Shores Museum, the Blue Heron Casino, Ocala Winery, the Old Flame Brewing Co., the Scugog Memorial Public Library and Kent Farndale Gallery, two baseball dia- monds, a tennis court, a splashpad and a playground on the lakefront, and the Com- munity Recreation Centre with its twin-pad arena. Queen Street and Palmer Park are hosts to many activities throughout the year: two antique car shows, Ribfest, the annual Canada Day fireworks display, the Santa Claus Parade, a chili competition, Diva Night on Queen, the Dragon Boat Festival, and the Craft Beer Festival, to name but a few. Port Perry is no sleepy little town! Presented by: Carolyn Goff Blake Reid Sales Representative Sales Representative 866-447-4434 On the Waterfront: The Waterfront Revitalization Project has already done much to make the waterfront area an en- joyable recreational destination for residents of Durham County and beyond. Phase Two of the project will promote the development of the Old Mill building, Canada’s oldest and largest remaining grain elevator, and the surrounding waterfront lands including the Latcham recre- ational centre and Port Perry marina. But the biggest change will come from the Lake Scugog Enhancement Project. The LSEP envi- sions a new waterfront with an engineered wet- land contained by a walking/biking trail from Palmer Park to behind Vos’ supermarket. This trail connects to Scugog’s existing trail system and offers more public access to the shoreline while it provides a sanctuary for shoreline wildlife and manages stormwater runoff for improved water quality in Lake Scugog. Scugog Township Importance of Heritage: The Township of Scugog recognizes the importance of protecting and promoting its heritage, and offers an awards program. The origi- nal 4-block commercial stretch of Queen Street to the lakefront and certain con- tiguous properties form the Heritage Conservation District. In addition to protect- ing and promoting culturally, historically or architecturally significant buildings, the Scugog Heritage Advisory Committee encourages new building construction that contributes to the notable historical character of the town. The Township of Scugog Municipal Building (181 Perry St.) is one of many fine examples in Port Perry of modern design with a traditional look. The Heritage Plaque program lets visitors know the rich history surrounding the commercial buildings and public spaces as they stroll through downtown Port Perry. Successfully Connected: Scugog’s picturesque rural small-town setting is a mere 70 km northeast of Toronto. Businesses located here have a convenient access to the largest consumer market in Canada, and the fourth largest in North America. A strong industrial base of light manufacturing complements the highly successful agricultural sector. A thriving tourism industry welcomes 1.2+ million visitors to Scugog every year. For more information about this opportunity please contact: Carolyn Goff Blake Reid Sales Representative Sales Representative mobile: 647-526-7616 mobile: 905-442-3719 [email protected] [email protected] www.carolyngoff.ca www.breid.ca Royal LePage Frank Real Estate Brokerage 268 Queen St. Port Perry L9L1B9 866-447-4434 Office 905-985-2574 Fax The information contained herein is derived from sourced believed reliable, however, no warranties or representations are being made regarding such information. Interested parties should consult a qualified professional for investment, financial or tax advice.