An Exeter pie and sandwich shop has gone on the market for the first time in 32 years with a freehold price of £295,000.
Martin’s Pie Shop, in Pinhoe Road, Exeter, is an end-of-terrace, two-storey, property with a ground-floor shop and self-contained one-bedroom flat above.
Estate agent Stonesmith said the ‘busy’ sandwich and pie business, which has been with the same owners for more than three decades, has been partly scaled back in recent years with retirement in mind.
A Stonesmith spokesperson said: “Martin’s trades as a busy sandwich and pie shop which also undertakes some wholesale supplies and outside catering.
“There is an opportunity for incoming owners to purchase a fully equipped and popular business with established levels of trade.
“Alternatively, there are also opportunities for investors looking for a mixed-use investment with undoubted potential for alternative retail uses.”
The spokesperson added: “The business boasts an excellent reputation and has an established regular repeat custom.
“They offer an extensive menu of freshly prepared items and beverages.
“As well as the popular retail trade, the business also offers wholesale supply and outside catering, although by our client’s own admission this side of the business has been largely scaled back in recent years, particularly with retirement in mind.
“However, with the established name and reputation the business has, our clients firmly believe that this side of the business could be further exploited with further potential to develop the outside catering business.”
They said: “Our client is prepared to offer a full handover and training to interested parties, should they so desire it.”
This corner property includes areas for food preparation and shop storage on the ground floor, and a self-contained one-bedroom flat above, with separate front door access.[asp_product id=”17531″]