Property description

NOW SOLD! A well-known and popular high street deli/sandwich bar offering a wide range of local food products from sandwiches, ice creams, fudge and pasties to cider, wines and ales.


A successful business for a couple to run in a delightful Exmoor National Park seaside village. No experience needed. Favourable lease. Stock by negotiation.

Main Shop Area - 27' 0'' x 16' 4'' (8.23m x 4.99m)
Double display windows either side of the shop entrance.A light and bright retail area with display shelving for products, drinks cooler, ice cream cabinet and display, glass display cabinets for fudge and sweets, glass display cabinet for savoury products and sandwich fillings, heated display cabinet for hot savouries, pasties etc. Sandwich preparation area. Electronic till.


Two steps up to:

Food Preparation & Office Area - 13' 5'' x 12' 12'' (4.1m x 3.96m)
A range of kitchen cupboard units with worktops over. Stainless steel sink unit. Oven with electric hob and extractor hood. Pasty/savouries oven.

Separate WC
With low-level flush WC and wash basin.

Location
The shop occupies a prime high street location on a corner plot in Castle Hill. Visitors to the village will generally walk past the premises on their way to and from the main village car park, offering ample opportunities for passing trade.

The Business
Ethel Braithwaites is an ideal lifestyle business, easily run by a couple or family. No previous experience is required, as the current owners would be happy to offer hands-on training to the new owners. The business has been trading with the current and previous owners for some years and has built-up a strong following from visitors and local people alike. The current owners have moved the business next-door to a larger, corner premises allowing increased trade with pavement tables outside and a breakfast bar and table inside enhancing the existing take-away trade.The owners operate on a short season of about six-seven months, usually between Easter and October. P&L figures are available after viewing.

The Lease
There are around 10 years remaining on the current lease, which is agreed on favourable terms. Lease details are available on request, after viewing.

Products
Products include: ciders, ales and wines from the region; fudge; Styles Ice Cream; preserves, biscuits; pasties and other pastries; sandwiches and baguettes (made to order); hot drinks, cold drinks; smoothies and shakes.

Reviews and Awards
Awarded 5 Stars in 2014 'Scores on the Doors' Food Hygiene assessment.Trip Advisor rated 10th of 22 restaurants in Lynton with many rave reviews (Visit www.tripadvisor.co.uk and key in Ethel Braithwaites, Lynton.)

Stock
Stock at valuation, by separate negotiation.

Sale by Informal Tender
The business is offered for sale on the basis of written (informal) tenders. Tenders representing buyers' best and final offers must be submitted to the agents, in writing, by Friday 21st November 2014.Potential buyers are asked to detail: the amount of their offer; how the offer is to be funded (cash, mortgage or other loan, etc); solicitor's contact details; and to indicate a willingness and ability to exchange contracts within 28 days. The content of tenders received remains confidential. The vendors reserve the right to accept or reject any or all of the offers received.