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Property Listing Details

Features

  • Leasehold
  • Sweet shop and Cornish Pasty store showing year on year growth
  • Income 2016 in excess of £79,000 with scope to expand/change of use
  • Located in a prime affluent town centre, located on a main route
  • Recent refurbishment to a high standard, viewing recommended

Listing view statistics

Last 30 days: 42 page views

Since listed: 81 page views

Description

Reference - 46043

Description
This is a delightful opportunity to purchase a business in an ideal location. Kernow Pantry, occupies a prominent town centre trading location on the main road route into the town centre and is located just 150 yards from the bus station and town centre car parks.

Kernow Pantry is located in the centre of Bridport in Dorset and has the delight in knowing it has no competitors for true Cornish pasties or the old-fashioned sweets. Bridport is an affluent area along the main A35 South Coast road and lays about 18 miles from Dorchester.

The site offers excellent scope for the seasoned business owner to expand upon the success and hard work that the current owners have achieved. The business has been owned by the current vendors since 2007. The store has been in the area for over 30 years and has grown and developed with the area around it.

Kernow Pantry offers a huge selection of old fashioned sweets, they are the only store for many miles offering this and it is popular within the area.

In addition, they offer true Cornish Pasties and supply 16 different types, all baked to perfection on site in their 2 commercial ovens.

The bus depot is 150 yards away and the café there was taken over by Domino’s Pizza. This proved an additional boost to Kernow Pantry and the vendors have stated that potential remains to convert the shop into a café with roaring trade potential.

It is by their own choice and age they have not done this already, despite the location and demand. In addition, the Kernow Pantry also offers a large selection of hot and cold drinks and ice creams, again very popular in summer months as Bridport has a large influx of tourists at that time of year.

This is an excellent opportunity to acquire a business complete with potential for change of use to a full café while still offering a true lifestyle business.

Due to the location and scope to expand, a viewing is strongly recommended as demand is expected to be high.

Sales
Kernow Pantry has sales in 2016 totalling £79,471 and sales for 2017 are showing £80,816. This equates to an average weekly sales figure of £1,541 with excellent scope to build on this figure.

Accounts
Current records and accounts can be inspected after a viewing.
In brief:

2017
Turnover £80,816
Gross Profit £39,043
ebitda £16,021

2016
Turnover £79,471
Gross Profit £40,801
ebitda £17,353

Trading Hours
Monday – Saturday 09:30 – 17:00
Sunday Closed

Staff
The business is operated by the owners along with 3 part-time members of staff.

Building External
Kernow Pantry occupies a large end of mews property, the ground floor being utilised for business premises, while the first floor is utilised as an office and storage space.

The shop benefits from CCTV inside and out and occupies a main route location just 150 yards from the bus station and 200 yards from the centre of town.

The business has a dual aspect with the entrance being upon the side aspect not the main road aspect.

Building Internal
The single fronted doorway opens up into the main store area. The counter area is located immediately in front of the entrance while the pasty counter is upon the right of the store.

The store is bright and fitted with an array of modern shelfing and display stands. Within the displays are fridges and freezers for cold drinks and icecream while to the side of the entrance is the hot drinks machine.

To the right of the store is a separate counter for the hot food and two commercial ovens are located to the rear of this counter. A doorway leads to a small kitchenette and a separate WC.

A staircase leads to the first floor where the vendors have an office and a large store room. Externally there is 1 parking space for the owners. Bridport boasts several car parks that are of reasonable cost, the nearest being less than 100 yards away.

Residential Accomodation
There is no residential accommodation available with this business.

Tenure
The property is being offered upon a Leasehold basis. The current lease expires in 4 years. Current monthly rental is fixed for the term of the lease at just over £800 per month plus vat.

We have been advised that a new lease can be negotiated with the landlord.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
Kernow Pantry represents an ideal opportunity for a seasoned business owner, or lifestyle client, to acquire a business in a unique position with exceptional potential in a desired location offering excellent scope to develop further.

The business represents an ideal opportunity and is only now being offered for sale due to the vendors retirement. Demand is expected to be exceptionally high, therefore an early viewing is a must.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • " role="presentation" aria-hidden="true"> Bridport, St Mary's Church of England Primary School 0.5 miles
  • " role="presentation" aria-hidden="true"> Bridport Primary School 0.6 miles
  • " role="presentation" aria-hidden="true"> Maiden Newton 9 miles
  • " role="presentation" aria-hidden="true"> Crewkerne 9.6 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.