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COMMERCIAL

Morwenstow, Bude, EX23

Guide Price
£360,000
Kivells, Commercial
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Owners willing to stay on for handover
  • Popular well reviewed convenience store and cafe using local produce
  • Stable proven sales income
  • Opportunity for further income hours/online
  • Full FREEHOLD purchase of business and premises
  • CEPC Rating A
  • High volume of repeat business
  • Price plus Stock at Value

Description

DESCRIPTION

Exciting opportunity to purchase an established convince store and cafe, 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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Disclaimer

Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property. No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate. Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment. The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries. Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies SW Ltd. will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.

Morwenstow, Bude, EX23

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chapleton Station23.1 miles
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About Kivells, Commercial

2 Broad Street Launceston PL15 8AD
Industry affiliations:

Independent regional multi-office estate and land agents based in Devon and Cornwall since 1885. Highly skilled partners and staff dedicated to customer service and with an unrivalled knowledge of this beautiful part of the southwest. Specialist departments for town and village properties, country houses, farms, smallholdings and development land. Regular property auctions.

Notes

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