THE OPPORTUNITY

An established delicatessen and bakery in a prominent location at the edge of the town, with a loyal customer base and strong track record. Our clients make cakes, pastries, puddings and ready meals and sell through the delicatessen as well as supplying a number of other local establishments. Home made produce accounts for approximately 75% of retail sales and the balance of the merchandise is bought in. Retail sales account for approximately 90% of all turnover with the remainder being sold to wholesale customers.
There is potential to grow the wholesale side of the business by supplying local pubs, hotels, service stations and retailers and a delivery service for ready meals as well as expanding on a small outside catering base.

LOCATION

The Pantry on the Pond is located in a prominent location at the end of Lower Woodcock Street close to the junction with Fore Street, the main shopping thoroughfare in the town. Castle Cary is a bustling town with a strong retail offer dominated by an attractive mix of independent retailers.

GROSS FRONTAGE

3.74m (12ft 3ins)

NET FRONTAGE

2.83m (9ft 3ins)


SALES AREA 2.83m(9'3'') max x 7.90m(25'11'') (max)

Tapering width - narrowing front to rear. Sales area 20.8m2 (224sqft). Fully fitted out as a retail delicatessen with front display window and glazed door, display cabinets and refrigerators. Vinyl floor, suspended ceiling with inset downlighters. Door to:

REAR STORE/WASH UP 1.75m(5'9'') (ave) x 2.54m(8'4'') (ave)

4.45m2 (47sqft) Window and door to side. Vinyl flooring. Door to lobby and onward access to staff WC.

STORE ROOM 1.12m(3'8'') x 2.43m(8'0'') (ave)

2.72m2 (29 sqft)

PREP AREA 3.98m(13'1'') x 2.11m(6'11'')

8.4m2 (90 sq.ft.) Stainless steel sink unit and cantilever wash hand basin with Santon water heater over. Vinyl Floor and fluorescent lighting. Window to side

KITCHEN 4.30m(14'1'') (ave) x 1.90m(6'3'') (ave)

8.17m2 (88 sq.ft.) Vinyl Floor, tiled walls and fluorescent lighting. Window to front with inset vent.


TERMS

Lease for assignment at current passing rental of £6320pa. Lease expires 31 March 2019 and rent is subject to review on 1 April 2013 and 2016.
Our clients are inviting offers in excess of £25,000 for the lease, goodwill and fixtures and fittings plus stock at valuation.


INVENTORY

A complete equipment inventory is available upon request.

TRADING DATA

P&L and Balance Sheet information will be available upon request, subject to receipt of a suitable confidentiality letter.

RATES

Based on an interrogation of the Valuation Office website we are advised that the property has a rateable value of £4450(2010 list) but recommend that all interested parties make their own enquiries.

LEGAL COSTS

Each Party to bear their own

VAT

Any reference to price, premium or rent is deemed to be exclusive of VAT unless expressly stated otherwise. Any offers receive will be assumed to be net of VAT unless stated otherwise.

VIEWING ARRANGEMENTS

By appointment with the Sole Agents Tel 01749 676023 or sales@paul-knight.co.uk

Please note that nothing in these particulars constitute part or all of any contract, and no contract will exist, or be deemed to exist until formal documentation in writing has been completed by both parties and approved by our clients solicitor.
Prospective tenants must satisfy themselves as to the accuracy of any details given to them either verbally, or within this, or any other document provided; and neither the Owners, nor their Agents, shall be liable for any inaccuracies.