Retail Property (high street) for sale

Kingsbridge

£125,000

Property Description

Key features

  • Profitable Distribution Company Based in Idyllic Location
  • Supplying Quality Food & Beverage Products Throughout the South West
  • Easy Lifestyle Business - No Previous Experience Required
  • Turnkey Operation - No Evenings or Weekends
  • Huge Potential to Build on an Already Established Business

Full description

The business premises are located in the beautiful rural setting of the village of Loddiswell, 4 miles from Kingsbridge and within a designated Area of Outstanding Natural Beauty, making this an idyllic place from which to work. Loddiswell is approximately 7 miles from the A38, the Devon Expressway, allowing easy access to Cornwall, Devon and the rest of the South West.

GR Fine Foods is a distributor of quality food and beverage products produced both locally and abroad. The business, which has been trading for approximately 20 years, has built a strong customer base supplying Farm shops, Delicatessens and Food Service establishments. The area covered is as far East as Wells & Bridport and down through Devon and Cornwall to Padstow. GR Fine Foods supplies products from a large range of local manufacturers including South Devon Chilli Farm, West Country Spice, Hog's Bottoms preserves & sauces, Cornish Sea Salt, Burts Chips and Heron Valley drinks alongside imported products such as Sardines and Tuna direct from Spain, a large range of Olives from Greece & Spain, Truffles from Italy, the full range of Sanpellegrino soft drinks and Cocoa from Colombia to name a few. GR Fine Foods is also the local distributor for the Belvoir Fruit Farm drinks range. For further information please visit www.grfinefoods.co.uk.


The property comprises 
The business operates from a recently developed industrial estate alongside 3 other businesses. The warehouse, which is steel frame construction, offers 220m² (2370 sq ft) of storage space including a fully equipped office, kitchenette and cloakroom. The warehouse is accessed through a front door for staff and customers and service entrance for goods with manual roller shutter. To the front of the premises is a forecourt area and 2 parking spaces are available. The sale also includes a Ford Transit Van registered in 2010, Linde Battery Fork Lift & charger, 2 Pump trucks, the internal fixtures and fittings and Trade Show display equipment.

GENERAL INFORMATION 

RATEABLE VALUE 
£12,000. This is not rates payable. For further information we advise contacting the local authority, South Hams District Council, Tel. 01803 861234.

BUSINESS 
GR Fine Foods is operated by the owner with the assistance of 2 part-time delivery drivers. The trading hours are currently 9am-5pm Monday through to Thursday with early closing on Fridays. The sale of this business offers a rare opportunity to purchase an established and profitable business in stunning surroundings. There is huge potential for the next owner to develop a retail website, large opportunities through social media and to increase product range, eg: chilled foods.

TENURE 
The premises are available via an assignment of the current lease with a term of 5 years from February 2017 at a rent of £13,500 per annum. The Landlord has confirmed he will consider extending the term of the lease for the next tenant should this be required. There is a monthly service charge of £110 inclusive of water and sewage.

SERVICES 
Mains water and electricity. Shared sewage treatment unit.

INVENTORY 
To include furnishings and equipment as per an inventory to be supplied, but excluding personal effects.

STOCK 
Wet and dry stock will be taken at valuation by the purchaser on the day of completion.

EPC RATING E 

More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Ivybridge (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bettesworths, Torquay

29 - 30 Fleet Street, Torquay, TQ1 1BB

01803 367002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Ivybridge (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bettesworths, Torquay

29 - 30 Fleet Street, Torquay, TQ1 1BB

01803 367002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 8218937. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths, Torquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.