Lakey & Co
South West
Lakey & Co Established 1983

BUSINESS FOR SALE

REF NO: GS153SW PRICE: £49,950

 

LOOSE FOOD/ WHOLEFOOD STORE


DEVON CITY

 

LOCATION

The store is located in one of the main local shopping precincts a short distance from the centre of the city. This popular precinct serves a densely populated area and has a true community feel, with easy parking surrounded by a good mix of small shops, as well as the Post Office and banks.

DESCRIPTION

This Loose Food/Whole-Food Store is especially well-known for dried fruit, nuts, snacks, mueslis and cereals. It provides a unique service with the loose foods being displayed in barrels and clear acrylic containers 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, and a large selection of confectionery. 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 just over 700 sq.ft. and is fitted out with shelving, barrels and food containers. 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.

At the back of the shop is a stock room of about 80 sq.ft, staff toilet facilities, and a small kitchen area, with a roller shutter to the outside, for deliveries. Being all on one level makes this a very easy business to operate.

 

STOCK         Stock to be sold separately at valuation (SAV) £9,000 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

A brilliant opportunity for a working owner or couple to acquire a busy but easily-run loose food/whole-food store in a thriving community. 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 is positioned next to the corner café, which acts as a meeting place for the local community.  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.