JD Commercial Property Directory

COFFEE SHOP AND DELICATESSEN BUSINESS WITH TWO BEDROOMED OWNERS ACCOMMODATION 

• Coffee Shop with covers for circa 24
• Delicatessen business trading from double fronted shop unit
• Situated on market Town Square
• Operating only 5 days per week, including 2 half day opening
• Considerable business scope with longer hours and evening trade
• 2 bedroomed owners accommodation and courtyard garden
• Two storey barn suitable for conversion to holiday unit or further accommodation, subject to planning permission
• All year round trade with uplift from weekly markets
• Services : Mains water, drainage and electricity, LPG central heating

LOCATION

The Town of Hatherleigh has a population of approximately 1,400 and growing, given recent and planned residential development schemes.  The main town is situated just off the A386, running north to south from Bideford to Plymouth.  Holsworthy lies approximately 13 miles to the west and Okehampton approximately 8 miles south.  Amenities within the town include Public Houses, hairdressers, Post Office, Co-Operative Convenience Store, Bank, Estate Agents, Butchers, Community Centre, Schooling, Market as well as industry on the local trading estate.

THE SITUATION

The property is situated on the main road running through this market town and is close to other commercial operators including Post Office, Butchers and Co-Operative Convenience Store. 

THE PROPERTY AND CONSTRUCTION

The main building is of two storey construction under a pitched slate roof, with a double fronted shop unit at ground floor and rendered elevations above.  The trading area of circa 654 sq.ft (61 sq.m) is split between the Delicatessen retail side of the business and the coffee shop, which is situated to the rear of the property and is serviced from the adjoining kitchen.  There is a self contained entrance from the front of the property, as well as the rear, giving access to the owner’s accommodation which consists of two bedrooms, lounge, kitchen / diner, bathroom and toilet.  To the rear of the owner’s courtyard garden area is a two storey barn, which our clients currently use for storage.  It is thought this could be converted to a holiday let or further owners accommodation, subject to planning permission.

THE PROPOSAL

Our clients are inviting offers for the freehold interest.

THE BUSINESS

The business is currently operated by a partnership, with no staff, and is for sale due to pending retirement, as such the business is run to meet their own financial needs and lifestyle.  Opening hours are currently Tues / Fri: 9am – 5pm, Wed / Sat 9am – 2pm, Thurs: 9am – 6pm and closed on Sunday and Monday.  It is thought new owners may wish to increase the trade by operating longer opening hours, offering an evening menu, obtaining a premises for the sale of alcohol.  Last year provided a turnover of circa £54,000, with a split of 2/3 : 1/3, coffee shop to Delicatessen.  Main lines within the Delicatessen include sauces, herbs, cheeses, pulses, dry fruit etc with the coffee shop offering a manageable daytime menu of light lunches, take away sandwiches / rolls, snacks, cream teas, breakfasts, hot and cold drinks.  The previous owners had operated the business on a more “full time” basis and had produced a turnover figure of circa £93,000 in 2007.

THE STOCK

Any current stock to be purchased at valuation upon completion.

THE INVENTORY

The property is sold with a detailed inventory of trade fixtures, fittings and equipment.

THE ACCOMMODATION (comprises)

GROUND FLOOR

DOUBLE FRONTED SHOP UNIT AND COFFEE SHOP
40`8 x 16`1 (12.40 m x 4.90 m) Double fronted shop unit and separate door to side hallway leading to owners accommodation, tiled floor, spot lighting, serve over counter with refrigeration compartments, counter servery with till, ground coffee machine, chest freezer, electronic scales, coffee percolator, espresso coffee machine (available by separate negotiation), assorted shelving, display table and stands

COFFEE SHOP
Tiled floor, spot lighting, table and chair seating set for 14 covers (suitable for approximately 24), feature stain glass window, side door to hallway

KITCHEN / DINER
Stainless steel work surfaces, stainless steel single drainer sink, Silex grill, griddle, microwave, hot cupboard, toaster, 6 burner gas oven, fridge, wash hand basin, washing machine, convector microwave oven, door to rear courtyard garden

ADJOINING UTILITY ROOM / PANTRY
Fitted with shelving and storage

FIRST FLOOR- Separate access via external staircase

HALLWAY with carpet and radiator heating

BATHROOM
Bath with electric shower over, wash hand basin, part tiled walls, double glazing

TOILET
Low level w.c., air cupboard

KITCHEN / DINER
16`6 x 12`2 (5.00 m x 3.70 m) Worktops with open unit below, wall mounted shelving, electric oven, 4 burner gas hob, roll top single drainer sink, plumbing for washing machine, extractor hood, spot lighting, radiator heating, beamed ceiling,

HALLWAY
Carpet and radiator heating

LOUNGE
16`8 x 11`2 (5.10 m x 3.40 m) Window seat, radiator heating, carpet, oven fire with tiled hearth

BEDROOM 1
11`5 x 8`7 (3.50 m x 2.60 m) Carpet, radiator heating

BEDROOM 2
14`4 to wardrobes x 9`1 (4.35 m x 2.75 m) Carpet, radiator heating, beamed ceiling, fitted wardrobes

OUTSIDE

To the rear of the property is a courtyard garden area, separate owner’s toilet which could be incorporated for patrons use.  There is also an additional two storey building which could be converted to workshop, studio, holiday let, additional owner’s accommodation etc subject to necessary planning approval.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector.  Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike.  Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds.  Please call for more information.

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1.  The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract.  Prospective purchasers should seek their own professional advice.
2.  All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3.  No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4.  No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1.  All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full.  However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: sales@jd-commercial.co.uk