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Back to listings Save

Promising Local Farm Shop in Plymouth Devon Awaits New Ownership

Plymouth, Devon
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Local farm shop with excellent potential Photo 1
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Local farm shop with excellent potentialLocal farm shop with excellent potentialLocal farm shop with excellent potentialLocal farm shop with excellent potential
  • Status

    FOR SALE

  • Date Submitted:

    28/09/23

  • Advert ID

    600384

  • Leasehold: Price on Application
  • Rent: £7,020
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Unique Business
  • Attractive Business
  • Close to Local Amenities
  • Adjacent to Multiple Retailers
  • Town Centre location
  • Fully Fitted
  • Prime Location
  • Accounts Available
  • Open Plan Trading Area
  • Owner Financed
  • Offers Invited
  • Small Business

Business Details

Local farm shop with excellent potential

Atkins Farm Shop


 

Business for sale - has great potential with the right person. 


 

All the hard work has been done with this lovely business, it's ready to go to the next level with the guidance of the right buyer. Recent health issues are reason for sale and the plans are available to be handed over to the new buyers with my intended growth plans. 


 

Situated in an desirable location with two entrances that increase footfall from both sides - one being the plymouth city market and the other being cornwall St, surrounded by many amazing independent businesses and supported with BID membership & the added benefit of being supported by the west end plymouth company, you also have access to market facilities such as waste, wash room, toilets and both the west end company and the market keep you up to date with events and encourage you to be involved with their seasonal events. Having two entrances allows for opening outside of usual market hours. Currently we run on part time hours with just myself but with massive potential to be boosting profits with full time hours 6/7 days a week and more staff - I am willing to offer 1-1 support throughout the sale. 

We have a loyal customer base returning weekly and also attract tourists/visitors because we are selling local items made in Devon and Cornwall. 

We are advertised in the Devon and Cornwall policing handbook but the business would benefit from more advertising. 


 

The area is set to be boosted massively in the coming months/years due to the plans unfolding for the Colin campbell car park. The premises benefits from CCTV and roller shutter for security, electric awning, a double lock front door, a roller shutter on the market side, 2 shop signs (cheaper to just rewrap them as new last year) there is a large side glass window that is at the market entrance to encourage customer viewing, there are water and gas facilities but we have not used them and they are capped off. Electricity is £50 pm -£60 pm with a commercial supplier. Phone line is installed but not in use. There are multiple electrical sockets throughout the space,a fire extinguisher, wash room facilities and toilets within the market. The lovely market cleaners collect your waste from you at specific times throughout the day. 


 

The main advantage of this sale is the lease which allows for a variety of products to be sold under the purpose of a retail farm shop which includes sales of over 20 different products including indoor/outdoor plants, pies and pasties, floristry, seasonal products, local ciders and beers, craft items plus more. Customers are keen for the alcohol element to be added and pies and pasties. we currently only cover a small amount of the allowable products. we have excellent reviews and feedback and boast a 5 point hygeiene rating. 


 

What is included in the sale - the lease - 3 year remaining term, all fixtures and fittings, full supplier list, full contacts list, social media page with 1.4k followers, website, ongoing support from me, business plan support, financial information, email address, current stock 


 

Accounts can be discussed with genuine potential buyers and I encourage any questions, really would like a quick sale and I am open to reasonable offers. Please contact me for any more information 07599016906. 


 

Rent is £585.42 pm 


 

included in the sale  

Fridge - purchased outright march 2023 

Full wooden bespoke display racking with glass and wood shelving 

8 Square crate boxes 

2 rectangular crate boxes 

8 wooden box displays 

3 glass top display unit 

A large custom display unit with 3 shelves 

6 black stackable storage/display boxes used to display fruit and veg 

4 Large white lidded storage boxes

4 large food storage boxes with sliding lids and wheels these were used for weigh and pay oats, pasta, rice ect 

Hamper display boxes 

6 foot wheeled display with under storage - this was used as outdoor display in the summer 

4 tiered heavy duty plant trolley 

CCTV system 

CASIO till system 

Card reader. 

Electric shutter 

Electric awning 

Double locked front door

Two large shop signs - these are cheaper to have rewrapped 


 

The sale can include all current stock if required at no extra charge or it can be lease sale but will be required to operate in a retail farm shop style  


 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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