Guide price
£360,000
Property for saleMorwenstow, Bude EX23
EPC Rating: A
About this property
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
Newly established trading location
High volume of repeat business
Retirement sale of successful trading business
Price plus Stock at Value
DESCRIPTIONExciting 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.LOCATIONSituated 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.BUSINESSThe 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 TimesMon – Sat: 8.00am – 6.00pmSun: 9.00am – 5.00pmCafé Opening Times9.00am – 4.00pm Tea, coffee and cake9.00am – 11.45am Breakfast12.00pm – 2.00pm LunchesCafé 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.DIRECTIONSFrom 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 location///flamed.clocking.researchIMPORTANT NOTICEKivells, 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.
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. Tenants 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.
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Tenure
Freehold
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Ground rent
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