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26 November 2018 | Retail

Exciting retail business opportunity comes to the market in Salcombe

Specialist business property adviser, Christie & Co has brought to the market The Cranch’s Pantry, an established general store situated in the centre of the popular Devon town of Salcombe.

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The store occupies a prominent trading position on Salcombe’s prestigious Fore Street, alongside several fashion and specialist retailers, which complements its retail offering. 

The high levels of footfall during the summer months and the business’ location in the town centre draws customers and visitors all year round. Having been operating for nearly 20 years, Cranch’s Pantry has an enviable reputation locally and nationally.

Sisters, Suzanne Harris and Angela Cater own and operate the store together but are now looking to sell the leasehold to focus on their personal lives and spending time with their loving families. They comment, “We have loved every minute of the nearly 20 years we have owned and run The Pantry. It has been a pleasure to serve our customers. We still have Cranch’s Sweetshop to keep ourselves busy, but we are looking forward to being able to spend more time with our family and friends in the town that we love.”

William Trott, Business Agent based in Christie & Co’s Exeter office is handling the sale and comments, “The Cranch’s Pantry represents an outstanding opportunity to acquire a highly profitable and reputable business which trades centrally in this highly affluent town. This business will appeal to existing operators and first time buyers looking for a lifestyle change in an enviable location.”

The Cranch’s Pantry is being marketed off a guide price of £350,000 for the long leasehold interest.