34 North Terrace Port Elliot, SA, 5212

Iconic Business & Freehold in Prime Location – An Ideal Seachange Opportunity

Elders Victor Harbor is proud to present this golden opportunity to acquire both the business and freehold property of a well-established local supermarket, superbly positioned in the heart of the historic and popular coastal holiday destination of Port Elliot, approximately an hour south of Adelaide.

This well-established, community-focused supermarket offers a relatively straightforward and easy-to-operate business model, ideally suited to an owner-operator, couple or family seeking a hands-on business in a highly regarded seaside location. The property may also provide scope to introduce a complementary business, lease a further portion of the premises, or explore other opportunities to generate additional income, subject to all necessary consents and approvals.

Key Business Highlights

• Established for around 90 years, local supermarket with a strong community focus.
• Predominantly operated by a husband-and-wife team for over 24 years plus one part-time staff member.
• Established fit-out and equipment, offering the opportunity for a new owner to continue trading seamlessly from day one.
• Cost-efficient infrastructure, including a substantial 108-panel solar system designed to help reduce energy costs plus back up power from diesel generator.
• Convenient trading hours with opportunity to extend trading hours if desired, subject to any relevant council requirements and government legislation. Currently open seven days per week, generally:
• Monday to Saturday: 8:00am to 5:00pm, Sunday: 9:00am to 4:30pm, Closed Christmas Day


Key Property Highlights

• Prominent and highly visible location - main road position in the heart of Port Elliot and opposite the entrance to The Strand and the renowned Port Elliot Bakery.
• Land Area of approximately 821sqm with rear right-of-way lane access, providing convenient access for deliveries and staff parking.
• Building area of approximately 439sqm including loading dock excluding verandahs.
• Further Potential- Paved front courtyard and verandah area ideal for outdoor dining, an additional complementary use or future redevelopment, subject to all necessary planning and statutory approvals.
• Supplementary income from shop 1 (leased to Local Kitchen Co. Pty Ltd 3+3+3 year lease)
• Combination of business and freehold ownership provides purchasers with both an established trading operation and the underlying commercial property for building long term wealth.

This is a rare opportunity to secure an established local supermarket together with its freehold property in one of South Australia's most popular coastal holiday destinations.

Business + Freehold + Prime Position + Future Potential

For further information or to arrange an inspection, contact Paul Smith on 0417 624 833.

Note: An Information Memorandum will be provided to qualified buyers upon signing a Confidentiality Agreement.


Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA 62833