WELL ESTABLISHED DAY TIME ONLY SANDWICH BAR AND CATERING BUSINESS OCCUPYING PROMINENT TRADING POSITION IN VIBRANT DARTMOOR TOWN
EAST STREET KITCHEN, 17 EAST STREET, ASHBURTON, DEVON, TQ13 7AQ
LEASEHOLD: £49,995
Stonesmith are delighted to have completed the sale of East Street Kitchen, a thriving and well-regarded catering business, purposefully fitted and equipped, and the subject of a recent refurbishment.
East Street Kitchen occupies a prominent trading position within the heart of the thriving moorland town of Ashburton. Ashburton is an appealing and popular ancient stannary town, set on the southern edge of the Dartmoor National Park and which has a wide range of amenities including many independent stores such as a delicatessen, a fish deli, an artisan baker, the renowned Ashburton Cookery School and a range of antique shops that make the town a most popular destination. The endless list of recreational opportunities within Dartmoor National Park, the proximity to South Devon’s finest beaches, golf courses and excellent transport communication links, with immediate access to the A38 Devon Expressway, all make Ashburton a highly desirable location.
Benefitting from low overheads, the property briefly comprises:- Retail/Servery Area with Seating and Food Preparation Area; Catering Kitchen with Preparation Areas; Ancillary Storage Areas and Staff WC.
East Street Kitchen currently trades as a busy sandwich and salad bar which also undertakes some outside catering; the business has been established for around 18 years. The premises occupy a prominent trading position and serves a popular day time only menu, mainly to takeaway with a variety of fresh products prepared to order. The business also offers a popular outside catering menu with a number of established regular repeat customers together with an excellent reputation for catering for one off events such as wakes, parties, meetings etc. The outside catering side of the business is truly unrivalled locally and offers tremendous potential to see further growth.
Mike Phillips, Director of selling agents Stonesmith said: “The sale of East Street Kitchen is further evidence that demand exists for quality catering businesses throughout the south west, even during these unprecedented times. There was significant interest in the business, with multiple bids being received, and we wish the new owners every success with their venture. Should you be thinking of selling, please get in touch as we have numerous applicants waiting to purchase similar businesses.”
The leasehold business was sold for an undisclosed amount, off an asking price of £49,950.
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Stonesmith are one of the leading business transfer agents in the South West specialising in the sale of licensed businesses throughout the Westcountry including Devon, Cornwall, Somerset and Dorset.
Full details of all our current properties can be downloaded from our website www.stonesmith.co.uk or follow us on Twitter @stonesmithUK. If you’re thinking of selling or need professional advice, Stonesmith can be contacted on 01392 201262.
