Retail Property (high street) for sale

Old Road - TQ9

£415,000

Property Description

Commercial information

  • Business for sale

Key features

  • Beautifully Presented Post Office, Charming Village setting.
  • Excellent local & passing Trade, Enviable Turnover in addition to Post Office Income
  • Desirable Four Bedroom Owner Accommodation - L/Hold Available subect to references
  • Attractive Riverside location

Full description

Tenure: Freehold

DESCRIPTION
This 150 year old Post Office & Convenience Store is set back on a small road just off the main road in a central village location and benefits from an idyllic setting overlooking a small square by a tree lined river.
Its chocolate box exterior is complemented by charming, yet fresh clean interior, which uses its large space efficiently to convey a large variety of merchandise including spirits, newspapers, meats, and also benefits from local suppliers of eggs, ice creams, local breads and chutneys. It benefits from a variety of glass fronted and refrigerated units and display cabinets and includes the secure post office counter area.


Sales
Current weekly turnover is in the region of £7,625 with an annual TO of £396,521pa from the store with an additional £1558 income from the Post Office. Further income from a recently installed Lotto has not been included in these figures.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday- Friday 7:30am — 6pm
Saturday & Sunday 8am — 6pm

STAFF
In addition to the owner there are 4 part-time staff each undertaking approximately 18 hours per week each and 4 student workers undertaking about 4 hours per week each.



RESIDENTIAL ACCOMMODATION
The owner’s accommodation is accessed via a separate external door to the side of the main shop entrance and up some stairs. This desirable accommodation is particularly large. From downstairs you enter a large open plan room comprising the lounge/diner/kitchen. This has been tastefully converted whilst retaining the character of the room which includes a wood burning stove with quality kitchen fittings and furniture. Stairs down from this room leads to two double bedrooms, one with en-suite and a bathroom. Further stairs from the lounge lead up to the second floor where two further double bedrooms can be found.
I am reliably informed by the owner that the river benefits from a Flood Prevention Scheme and the shop has not been flooded.



TENURE
We are advised that the property is freehold. Leasehold would also be available subject to references.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is an excellent opportunity to purchase a first class business with a freehold property and viewing is strongly recommended to avoid disappointment.


Nearest station

  • Totnes (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Totnes (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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