• OCCUPYING A PRIME TRADING POSITION
• EYECATCHING PREMISES WITH PROMINENT SIGNAGE
• SPECIALISING IN LOCALLY PRODUCED FARE
• OVERWHELMING MAJORITY OF GOODS BOUGHT IN
• SPACIOUS WELL EQUIPPED KITCHEN FACILITY
• VALUABLE PARKING ADJACENT TO SHOP
Dunster is one of the most popular places on Exmoor for visitors. It is a medieval village with an ancient castle, priory, dovecote, yarn market, inns, packhorse bridge and a mill. Since the decline of the woollen industry in the 18th century, the village has been in a time warp. Dunster Castle, once the home of the Luttrell family, is now owned by the National Trust. There are over 200 listed buildings as well as the Exmoor National Park Visitor Centre and Dunster is an ideal place to stay to tour the area.
Occupying eye-catching premises in a prime trading position in the heart of this tourist honeypot which enjoys an all year round trade with seasonal uplift, this licensed delicatessen and village store is most attractively presented, offering local artisan produce and a wide selection of high quality, hand-made food and drinks to enjoy in the beautiful medieval surroundings. Takeaway options include hand-made pies, pasties and cakes (bought in from local suppliers), made to order rolls, generously filled with mouth-watering ingredients, locally produced cheeses and hot and cold drinks.
There is also a comprehensive selection of bottled beers, wines and non-alcoholic beverages, high quality biscuits, fudge, sweets and other edible gifts for the tourist market as well as own label preserves and conserves, together with a selection of specialist teas and coffees, frozen meals, day goods, general foods and household items as you would expect in a local village store.
The premises benefit from a spacious and well equipped kitchen, which offers the opportunity to bake items in-house if desired – the overwhelming majority of items are bought in at present.
Enjoying favourable lease terms and a very supportive landlord this is an excellent opportunity for a committed couple to acquire an easy to run business with an established trade and potential for growth if desired. Also benefiting from daytime use of an adjacent off-street parking space, which is rare in this location. A full external and internal inspection is strongly recommended.
We understand that the business has now been established for more than 10 years. It was acquired by the current owners in March 2012.
Please note that if a business is VAT registered, all figures exclude VAT.
Sales of £147,856 were reported for the year ended 29 February 2017.
Delivering a stable gross profit margin of c 33.5% of sales in line with similar businesses of this type, rent is relatively modest and overall running costs are low with no business rates to pay in 2017/18.
REASON FOR SALE:
The vendors plan to semi-retire.
The business is operated by a husband and wife team with the assistance of an employee who covers for them for 1 to 2 days a week, who is supported between March and October by a casual employee working in the busier, middle part of the day.
The partners work overlapping shifts, one opening the shop and the other closing it. They have been able to take 3 full weeks’ holiday in the past 12 months, the part time staff being able to cover satisfactorily in their absence.
Monday to Saturday: 9.00am to 4.30pm (low season) and to 5.00pm or 5.30pm as the season progresses.
Sunday: 10.00am to 4.00pm (low season) extending to 4.30pm or 5.00pm on the same basis.
(all sizes are approximate & should be considered 'nominal'.)
The shop occupies the ground floor only of an end of terrace property arranged over two floors under a most attractive tiled roof. The shop, which has a most attractive external appearance and benefits from prominent signage is approached from the street via a narrow area of cobbles. There is space for a removable hanging display of post cards to the front elevation. The shop is double-fronted with twin display windows incorporating multiple glazed panels in a wooden frame, the matching entrance door being centrally set with glazed panel over and approached by two steps up from street level. Internal security bars are fitted. The door opens into:
Retail Shop Unit (8.9m max x 5.8m max):
The trading area is broadly L-shaped and is most attractively presented with high quality fittings and freestanding display units and materials throughout. Suspended ceiling with diffused lighting panels. Ceiling fan. Most attractive wood panel effect flooring. High quality, virtually full height, fitted wooden product display shelving to several walls and leading towards the rear of the shop. Half height wooden wall paneling to part. Deep wooden sills to the display windows.
To the front left hand side there is a large serve over chilled display unit with a pine serve over counter to one side accommodating a Sharp electronic till. Wall mounted menu blackboard advertising available selection of filled rolls. Tefcold bottle chiller. Small stainless steel prep table. Super Stallette washbasin with 3 shelves under. Electronic weighing scales. Stainless steel wall shelf accommodating microwave oven. Small, floor level fitted cupboard housing meters. To one side there is a walk-in alcove and former door, now sealed, once interconnecting with the residential accommodation not forming part of the premises lease.
To the rear left hand side of the shop, a Sapele door gives access to:
Obscure glazed wooden window to the side elevation with internal security bars. Vinyl floor covering. Suspended ceiling. Stainless steel sink unit with single drainer to side and open storage under and work surface to side. Wall mounted Heatslave gas combi boiler supplying hot water. Further Sapele door to:
Obscure glazed wooden window to the side elevation with internal security bars. Vinyl floor covering. Suspended ceiling. Low flush WC. High level open cupboard housing new electricity consumer unit. Small radiator linked to the gas boiler.
Returning to the rear of the shop, a wooden door opens to:
Kitchen and Store Room (3.7m x 4.2m approx.):
A spacious kitchen facility with non-slip floor surface. Suspended ceiling with diffused lighting panels. Mainly glazed narrow wooden double doors to side elevation with removable vertical security bars and fitted vertical blinds. Wooden window to side elevation with internal security bars, tiled sill and fitted vertical blinds.
Large island work surface with 2 x 3 drawer units and 2 x refrigerators under. Stainless steel prep table to side. Twin stainless steel sink units with single drainer to side, fitted cupboards under and long wooden wall shelf over. 2 x Hotpoint BS11 electric fan ovens in wooden unit with storage shelf over. Zanussi oven with 4 ring gas hob. Shrink wrap machine. Further stainless steel prep table with open storage under. Bosch microwave oven. Berkel type 800 meat slicer. Tall refrigerator. Norfrost chest freezer. Glass fronted refrigerator/bottle chiller. Small side table with 3 shelves over. Insect killer.
The side door from the kitchen gives access to a small sunken area accessed via two steps down from the level of the driveway to the side of the property. A plastic storage unit stands to one side.
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
To the side of the shop there is a shared driveway/parking area enclosed by wrought iron double gates. The lease provides for the owners of the shop to park one vehicle there throughout shop opening hours and also space for the accommodation of waste bins.
Parking is at a premium in Dunster and such spaces are rarely available.
(all sizes are approximate & should be considered 'nominal'.)
There is a self-contained flat above the shop but this is currently let separately by the landlord and does not form part of the business being sold.
The business is currently held on the residue of a 9 year lease scheduled to expire in November 2018. The lease, which contains an automatic right of renewal, is drawn on internal repairing terms only. Rent of £1,000 per month is payable, being subject to review every three years.
The landlord is very supportive and takes full responsibility for the exterior maintenance of the building as well as for the services, a new electricity consumer unit having recently been installed at the landlord’s cost.
It is envisaged that a new 9 year lease will be made available to the purchasers on similar terms if desired.
ENERGY PERFORMANCE RATING:
Energy Performance Certificate No: 0060 1914 0329 2770 4010
Energy Performance Asset Rating: 79 Category D