COFFEE SHOP AND DELICATESSEN BUSINESS WITH
TWO BEDROOMED OWNERS ACCOMMODATION
KNOWN AS
THE CORNUCOPIA COFFEE SHOP AND DELICATESSEN
1 MARKET STREET, HATHERLEIGH, OKEHAMPTON,
DEVON, EX20 3JN
For Sale By Private Treaty Subject to Contract
 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
PRICE: Offers are invited in excess of £195,000 freehold to include a trade
of fixtures, fittings and equipment and the goodwill of the
established business with SAV
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, CoOperative Convenience Store, Bank, Estate
Agents, Butchers, Community Centre, Schooling,
Market as well as industry on the local trading
estate.
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 in excess of
£195,000 for the freehold interest.
THE SITUATION
THE BUSINESS
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
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)
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
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
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
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
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.
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: [email protected]
JD COMMERCIAL,
42 RIDGEWAY DRIVE,
BIDEFORD,
NORTH DEVON, EX39 1TW
TEL: 01237 424053 / 07868 846357
website : www.jd-commercial.co.uk
email : [email protected]