South Brent

LOCATION Located on the main street through South Brent village, which is in the Dartmoor National Park, close to the A38 Devon Expressway and just 5 miles from Ivybridge and 6 miles from Buckfastleigh. DESCRIPTION An opportunity to acquire the long Lease of this delightful fish and chip shop, the goodwill, fixtures, fittings and equipment of the shop, as per the inventory. A well-established takeaway business, in a central village location which has been owned by the same proprietor for 19 years. It is open all year round with good local trade and benefits from a substantial summertime boost from the many additional visitors to the area. The shop which is on the ground floor comprises a sales area, a preparation room, a potato store and a staff W.C. The flooring throughout is ceramic tiling. SALES AREA - 13'4 x 10'11 (4.06m x 3.33m) equipped with Preston and Thomas 2 pan gas fired frying range, back bar double deep fat fryer, griddle, 2 microwave ovens, small fridge/freezer and Insectocutor. PREPARATION ROOM - Equipped with Crypto peerless 28lb potato rumbler, potato chipper, x4 full height commercial freezers, x2 large fridges, microwave oven, stainless steel sink and drainer, wash hand basin and Insectocutor. OUTSIDE - There is a small shared courtyard area, with rear access to the back of the preparation room. TURNOVER As of 2018 and 2019, approximate turnover of £75,000. LEASE Original Lease dated 08th March 1991 for 999 years. RENT Peppercorn rent SERVICES Mains gas, electricity, water, drainage and telephone connected. STOCK Ambient stock will be included in the sale. RATES Currently 100% exemption from business rates. LEGAL COSTS The purchaser to pay all their own legal costs. PARKING None LOCAL AUTHORITY South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ9 5NE. Tel: 01803 861234. METHOD OF SALE The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is Wednesday 12th April 2023 at 2pm and exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. AUCTION LEGAL PACK This is available to download free of charge to those who have registered, from our auction partners website. It is the purchasers responsibility to make all necessary enquiries prior to the auction and we recommend purchasers to instruct a solicitor to assist. PROOF OF IDENTITY Under Money Laundering Regulations (2017) it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. Registering is free of charge. VENDORS SOLICITOR Howard & Over Solicitors, Plym House, 3 Longbridge Rd, Plymouth, PL6 8LT F.A.O Donna Baker [email protected] VIEWING Strictly by appointment with the Sole Agents, Luscombe Maye of 6 Fore Street, South Brent TQ10 9BQ