20th September 2013
Dartmouth property gem on market for the first time in 27 years
Property consultants Alder King and business transfer agents Cherry & Cherry have been instructed to sell the freehold interest and going concern of The Kitchen Shop, a long-established Dartmouth business which is coming on to the market for the first time in 27 years due to retirement.
The property, located in a popular trading position close to the Quay on Foss Street, is currently arranged as a ground floor lock-up shop with retail sales area, first and second floor offices, store rooms and welfare facilities. The Grade 2 listed three storey building is of mixed limestone rubble and timber frame construction with brick chimney stack and a slate roof.
Lee Southan of Alder King’s Exeter office says: “Although requiring modernisation and refurbishment to the upper parts, the property retains many original features and lends itself well for development of the upper parts into one or possibly two residential dwellings, subject to the necessary planning consents.”
Andrew Crossley at Cherry & Cherry comments: “This busy retail business has become a destination kitchen shop for chefs and keen cooks alike over the past 27 years. In this time it has established a fine reputation for selling some of the best high quality cookware available.”
The freehold interest is available at a guide price of £400,000 with the going concern available by way of separate negotiation for £45,000 plus stock at valuation.
For further information please contact Lee Southan at Alder King on 01392 353080 or Andrew Crossley at Cherry & Cherry on 01392 493388.