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Cornish Pasty Producer & Supplier For Sale

St Austell, Cornwall, UK
Asking Price:
£220,000
Turnover:
£127,107
Net Profit:
Available on request

Renowned CORNISH PASTY PRODUCER & SUPPLIER, also undertaking some BUTCHERY, situated in SOUTH CORNWALL, benefiting from retail & wholesale trade, also offering some FRESH MEATS/DELICATESSEN lines. Occupying high profile main road trading premises within ST AUSTELL, easily accessible, enjoys substantial passing trade, also surrounded by residential areas from which trade is received.

Prominent detached character premises, currently configured to provide ground floor retail area, pasty production room and meat preparation room, all comprehensively equipped to include walk in cold room and walk in freezer, additional lower ground floor storage and staff cloakroom. Benefits from 2/3 bedroom first floor accommodation, suit owner occupation or can be let, currently producing rental income of £1,040 per month, additional useful yard area and parking area.

Established business, same owner last 33 years, producing renowned pasties, retailing to the public, supplying clubs and catering establishments on a wholesale basis, also offering some fresh meats. Currently operated on a lifestyle basis, closes 3pm latest with 3 other half days. Sales 2019£127,107 ex Vat, Gross Profit £58,281 (46%), additional Rental Income £12,740 per annum, considerable trading boost during lockdown restrictions, Sales amounting to £109,000 in only 6 months, still scope to build on current levels of successful sales, no previous experience necessary.

Freehold £220,000 sav Ref: MF/B------M

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