Lakey & Co
South West
Lakey & Co Established 1983

BUSINESS FOR SALE

REF NO: GS152SW PRICE: £49,950

 

LOOSE FOOD/ WHOLEFOOD STORE


EAST DEVON

 

LOCATION

Ideally located in the centre of this busy and popular East Devon seaside town,

DESCRIPTION

This Loose Food/Whole-food Store is especially well-known for dried fruit, nuts, snacks, mueslis and cereals. It provides a unique service in the town with the loose foods being displayed in barrels, clear acrylic containers and dispensers for customers to easily self-serve the amount they require. There is an extensive range of ingredients for world-wide cuisine, as well as basic store-cupboard foods such as jams, condiments, sauces and oils. A number of Fair Trade products are stocked, with environmentally friendly household products and toiletries. All goods are delivered to the store, cutting out the need for trips to a wholesaler, and stock is displayed well on shelving throughout the sales area, which is kept clean, bright and uncluttered.

 

THE PROPERTY AND FIXTURES, FITTINGS AND EQUIPMENT

The main sales area is fitted out with shelving and has two long central display stands holding barrels, containers and dispensers. The checkout counter has two electronic tills, which can be programmed to connect to a remote computer for ease of updating pricing information if wished.

There is a secure storage cupboard on the left of the sales area, and at the back of the shop is a further storage area, with staff toilet facilities, a small kitchen area and rear entrance door. This provides easy access for deliveries - being a lock-up shop on one level makes this a very easy business to operate.

 

STOCK         Stock to be sold separately at valuation (SAV) £10,000 approx.

NEW LOWER PRICE FOR QUICK SALE
PRICE           £ 49,950 for the Goodwill, Fixtures, Fittings & Equipment and the Leasehold interest.  


VIEWING     Strictly by appointment only through Lakey & Co. 


AGENTS COMMENTS

An opportunity for a working owner or couple to acquire a busy but easily-run loose food/whole-food store in a thriving coastal town. Already stocking natural, Fair Trade and environmentally-friendly products, there is still further potential to develop the ranges and increase popular lines. This easily-run store has an excellent location in the centre of this popular East Devon town, overlooking the beautiful central gardens.  It will be ideal for a couple looking to run their own shop without involving the long hours of a newsagent or convenience store, and perfect for first-time buyers.

 

 
NOTE:
All purchase prices are plus Stock at Valuation (SAV) if appropriate.
Key to abbreviations: F/H - Freehold, L/H - Leasehold, ONP - Operating Net Profit, i.e. profit available after payment of expenses,common to any operator, but before personal items such as depreciation or drawings.