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Lakey
& Co
South West Lakey & Co Established 1983 |
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BUSINESS
FOR SALE
| REF NO: GS596SW | PRICE: £28,950 |
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POPULAR LOOSE FOOD COUNTRY STOREKINGSBRIDGE,
SOUTH DEVON
LOCATION Located in the centre of this sought-after South Devon coastal town. Prominently positioned within a small popular shopping centre just off the main street, and close to the busy quay area of the town.
DESCRIPTION Selling a wide range of foods, this Loose Food Country Store is especially well-known for dried fruit, nuts, snacks, mueslis and cereals. The loose foods are displayed in barrels and clear acrylic containers for customers to easily self-serve the amount they require. Fair Trade products also stocked, with environmentally friendly household products and toiletries. Defying the recession, this easily-run business continues to increase turnover. Ideal for first time buyers.
THE PROPERTY Positioned at the head of this delightful little centre of small shops, this store has a glazed front with a central door, and utilises the outside space by displaying goods on tiered stands to either side. The main sales area is approximately 420 sq.ft. and is fitted out with shelving, barrels and food containers. The checkout counter is positioned to the right of the door and stairs lead up to the first floor, which is equal in area to downstairs. There is a light, bright office overlooking the centre and a separate kitchen as well as the usual staff toilet facilities. The large storage area is fitted with useful shelving for efficiency, and there is an emergency exit door.
FIXTURES, FITTINGS AND EQUIPMENT All fixtures, fittings and equipment are to be included in the sale to allow a new owner to step in and continue running the business easily from day one. The equipment includes all the barrels and containers for the loose food as well as the shelving, counter and the till. This electronic till can be programmed to connect to a remote computer for ease of updating pricing information if wished. A list of the equipment included will form part of the contract of sale, and will include all the office furniture and equipment such as computer with software, printer and fax machine.
TENURE Leasehold. We understand the lease will be due for renewal shortly, allowing a new buyer the opportunity of establishing a new lease, with the very accommodating landlord, who wishes to see this business continue trading in the centre.
STOCK Stock to be sold separately at valuation (SAV) £9,000 approx.
PRICE £ 28,950 for the Goodwill, Fixtures, Fittings & Equipment and the Leasehold interest.
AGENTS COMMENTS This is a wonderful opportunity for a working owner or couple to acquire a busy and easily-run business in sought-after Kingsbridge in the popular South Hams area of Devon. Already stocking natural, Fair Trade and environmentally-friendly products, this Loose Food Country Store has still further potential to develop the ranges and increase the best-selling lines. This popular store is prominently positioned in a small, bright modern arcade close to the busy quay area of town, and there is a delightful small café next door in the centre, serving great coffee and attracting even more customers to the centre. Included in the price will be a 3-month rent-free period, and this business will be perfect for first-time buyers, or for anyone looking for a lifestyle change, running their own business in this small and desirable location on the south Devon coast.
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