Leasehold Multi Faceted Somerset Business For Sale

Business description

Bag a Business Ltd is pleased to offer to the market these busy retail units, which have been under the careful ownership of our client since 2004, and are now only being placed on the market due to bereavement. The business is divided into four separate operations, consisting of a sea front gift shop, an ice cream parlour, a fast food business and specialist off licence. Between them they generate a turnover in the region of £500,000 per year, with seasonal trading, being closed in January. The principle behind the business is there is something for every one from novelty rock to upmarket liquors. The business is now licensed to sell alcohol in the Beach Hut and enjoys excellent levels of repeat trade from day trippers due in part to the ever-changing stock lines. We feel this opportunity offers an excellent base for a new owner to build upon and urge early viewing of these thriving sea front businesses.

Property information

Property:

Leasehold

Lease terms:

Leasehold on two separate leases.
Rent: £54,000 total for both per annum.

Living accommodation:

Sea front premises divided into three units, with separate shop nearby. Briefly comprising: Gift Shop • Sea front location with two entrances. • Well-fitted sales area with ranges of novelty confectionery, rock, beach goods, gifts and toys. Ice Cream Parlour • Sea front location. Fast Food Business • Sea front location. • New Kiremkor three pan range. • Numerous store rooms with racking to walls. • Office. 2 CCTV systems with 19 cameras and 6 monitors. covering whole premises. Minhead Cider Company • Excellent location 100 yards from sea front. • Off licence/gift shop with range of Somerset ciders and gifts.

Location:

The Beach Hut is located directly on the busy sea front in Minehead, Somerset, with The Minehead Cider Company being approximately 100 yards away towards the town centre. The premises are surrounded by a wealth of complementary shops and businesses. There is ample on and off street parking close by. The retail outlets draw their trade from the holiday makers who flock to Minehead, a famous seaside resort. The business is on the main route from the Butlins holiday camp to the town centre. Butlins is open for 49 weeks of the year, only closing in January. In peak season over 9,000 holiday makers visit the complex per week. Although it is set in beautiful countryside with the sea to the front and Exmoor National Park behind, Minehead enjoys excellent links via the main A39 which connects to the M5 Motorway.

Other information

Trading hours:

Summer Mon - Sun: 7.00am - 10.00pm. Winter Mon - Sun: 10.00am - 5.00pm.