Shop, Morwenstow, Bude, Cornwall EX23

£425,000 Guide Price

  • Reference BUD230046
  • Added on 06/02/2023

Features

  • Retirement sale of successful trading business
  • Full FREEHOLD purchase of business and premises
  • Stable proven sales income
  • Owners willing to stay on for handover
  • Popular well reviewed Café using local produce
  • High volume of repeat business
  • Newly established trading location
  • Opportunity for further income hours/online
  • Price plus Stock at Value
  • CEPC Rating A

Description

Sale of successful trading business | Full FREEHOLD purchase of business and premises | Stable proven sales income | Owners willing to stay on for handover | Popular well reviewed Café using local produce | High volume of repeat business | Newly established trading location | Opportunity for further income hours/online | Price plus Stock at Value | CEPC Rating - A DESCRIPTION
Exciting opportunity to purchase an established local business constructed in 2019, now available due to the current owners looking to retire. Over the last 4 years of trading the business has proven stable income and a loyal local customer base. Rarely is a newly constructed FREEHOLD premises and business available for sale in such a sought-after coastal location.

LOCATION
Situated within the popular self-contained village of Shop in Morwenstow, with its primary school, public playing field and place of worship. Within a very short drive is the popular and well known 13th Century Public House The Bush Inn and within easy reach is the stunning North Cornwall Coast Path, Stowe Woods and popular beaches.

The larger village of Kilkhampton with two public houses, primary school and church is just over four miles away. The A39 ‘Atlantic Highway’ is approximately two miles away and provides excellent access North to the towns of Barnstaple and Bideford, and South to the popular coastal town of Bude. Bude itself offers a wide range of businesses, shopping and leisure facilities and has both primary and secondary schooling.

BUSINESS
The business is described by the owners as follows: “Located in the North Cornwall village of Shop, Morwenstow, we stock everything you would expect from a modern village shop, including a wide range of general groceries, seasonal fruit and vegetables, locally sourced dairy produce, fresh bread, household items, cards, confectionery, newspapers and magazines, gifts and a great selection of beer and wines. You will also find seasonal products such as coal and logs in the winter, to ice creams, fishing nets and suntan lotion in the summer. We also stock products from local makers, including jewellery, cards, gifts and artwork for you to enjoy. Our café serves hot meals and snacks which can be enjoyed on the premises or as a takeaway. We are open seven days a week, ready to welcome locals and holidaymakers visiting the area”.

Current Trading hours:

Furze Stores Opening Times
Mon – Sat: 8.00am – 6.00pm
Sun: 9.00am – 5.00pm

Café Opening Times
9.00am – 4.00pm Tea, coffee and cake
9.00am – 11.45am Breakfast
12.00pm – 2.00pm Lunches
Café open every day (except Tuesdays)
Pre-booking advised.

The business enjoys a favourable trading position in the heart of the village with good parking options and a large premises to trade from for the last 4 years which measures approximately 182m2 in total. The shop comprises a large retail display space, fridge and freezer section (all included in the sale), storeroom, counter and till area. The café has seating for circa 24 or more covers, a fully equipped kitchen (with 5 star Food and Hygiene rating) and disable access WC with baby changing station.

There is also a large shipping container with power and lighting connected for storage included with the sale.

The shop is very well stocked and the display size offers customers a huge selection of products which assist in attracting customers.

The café has become very popular where the business could be expanded with more special evening events (with permission) and use of the outside space available.

Easily manageable, with two excellent existing full time members of staff, trades variable hours to suit vendors lifestyle, still considerable scope to develop and grow business.

DIRECTIONS
From Bude follow the A39 towards Bideford and after approximately 7 miles take the left turning signposted ‘Morwenstow’. Continue on this road into the village of Shop and after a short distance at the fork in the road, keep left and the entrance to the property will be found on the right hand side, opposite the football pitch.

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IMPORTANT NOTICE
Kivells, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Documents

Floor Plans

Location

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