Other food service businesses for sale in Looe

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Imran Ahmed (Nov 2014)
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Leasehold Price: £50,000 Price Reduced Annual Turnover: £336,000
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Business Description
• Thriving supplier of chilled & dairy products
• Established turnkey opportunity
• Potential to increase sales
• Easily run business
• Located in a sought after area of Cornwall

Falcon Commercial is delighted to offer for sale this busy supplier of chilled and dairy products which has been established many years. It has been under the proud ownership of our clients since 2003 and is now reluctantly being offered to the market as the owner wishes to retire.
This rarely available opportunity has established itself as the area’s premier supplier of chilled, dairy and associated products to fellow business in the local area and nearby city of Plymouth. Further income is generated from the manufacture of coleslaw. It has built up an excellent reputation for its wide selection of quality products, many of which are locally sourced along with its knowledgeable and friendly staff.
M & K Foods enjoys an all year round trade which increases dramatically over the summer months. It has a healthy turnover which is in the region of £336,000 per year with excellent gross profit margins.
We feel that this opportunity represents a fantastic base on which to build upon on possibly by running a modest marketing campaign or by expanding the range of products offered to include fruit and vegetables etc. Early negotiations with Falcon Commercial are highly recommended.
Premises Details
Well-presented single story storage and distribution unit located just off the main road that runs the popular Cornish town of Looe.
The premises briefly comprise:
Ground Floor
• Dry store area
• Walk in cold room
• Office
• Toilet
• Preparation room
External
• Front yard with parking for 2 vehicles

Staff
The business is run by the proprietors with help from part time staff.

Opening Hours
The trading hours are set to suit the business and may fluctuate throughout the year

Stock
We are advised that the stock held by this business is approximately: £6,500.

EPC Rating
The EPC rating on these premises is: TBA

Tenure
Leasehold – We are advised that this business is being offered with the benefit of a new lease to suitable applicants. The details of this lease are to be arranged.

Services
We are advised that the premises benefits from mains electricity. Hot water is provided by the heating system in the first floor flat which is not included in the sale.

Business Rates
We are advised that the business rates are: Nil
Tenure: Leasehold

Location Details:

The town of Looe straddles the wide river with its long bridge and stone harbour side which remains important today as a commercial fishing facility, thriving tourist industry and popular with boating enthusiasts. There are many properties on both sides of the river providing a wide range of shopping and community facilities. On the edge of the town is a branch line railway station which links with the main line at Liskeard (Plymouth to London Paddington 3 hours). The coastline either side of Looe is beautiful and unspoilt, easily accessible via the South West Coast Path and the substantial areas of ownership held by the National Trust. There are excellent bathing beaches and a wide network of footpaths and bridleways in the vicinity
The market town of Liskeard, to the north, includes a wide range of facilities, as does the town of Saltash with a Waitrose store on its northern outskirts. The City of Plymouth lies within commuting distance and has an extensive and historic waterfront together with an excellent range of shopping, educational and recreational facilities. Notable tourist attractions, National Trust properties and the moorland of Dartmoor National Park and Bodmin Moor are all within a short drive.

Leasehold Term:

Leasehold – We are advised that this business is being offered with the benefit of a new lease to suitable applicants. The details of this lease are to be arranged.

Listed by: Falcon Commercial
Find out more about this business for sale opportunity by submitting the form below.
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