Commercial Property for sale

Friday Street, Minehead, Somerset, TA24

£239,950

Property Description

Full description

Tenure: Freehold

LOCATION
Within the popular West Somerset tourist resort of Minehead, often referred to as the 'Gateway to Exmoor National Park' this property is set back from one of the main vehicular approach roads into the town centre.

The resort has a population of approximately 8,000 inhabitants, plus the addition of a further 8,000 tourists who flock to the Butlin's tourist venue within the resort, as well as the many day-trippers throughout the year that visit the town.

Friday Street is just off the main avenue, where there are a range of individual independent shopkeepers including bookshops, hairdressers, estate agents etc.

THE PROPERTY
The property comprises of a character Grade II listed building comprising a mid-terraced commercial shop, operating as a newsagents, tobacconist and confectioners with the owner's apartment above the main shop and above the adjoining barbers' shop and approached from the rear. The ground floor retail area offers approximately 143 sq ft of space together with a lobby, sorting room for newspapers and a rear stock room with loft above. The private accommodation is approached from the rear where a separate door gives access to a ground floor lobby, private living room and kitchen beyond. Stairs lead to the first floor where there is a bathroom, a separate cloakroom and a rear bedroom. To the rear, overhanging the adjoining shop are two further bedrooms and over the main newsagents, a private lounge. Therefore, this is a spacious private owners' apartment and to the rear there is a small yard and rear pedestrian access.

THE BUSINESS
This is a genuine retirement sale of this traditional confectioner, tobacconist and newsagents opening 7 days a week. Opening hours are 5:30am - 5:30pm and closing on Saturday at 4:45pm. Sunday opening is 6:00am - 10:30am. The shop has three newspaper rounds as well as the counter newspaper sales and also sells a range of magazines, stationery, sweets, tobacco and other items.

The turnover is approximately £158,000 per annum, showing a gross profit of £41,486. Audited accounts will be made available to those interested parties who have inspected the property.

This is an excellent lifestyle business providing a good income opportunity in this popular resort.

The accommodation briefly comprising:

GROUND FLOOR 

MAIN SHOP INTERNAL FRONTAGE 
5.05m x 7.92m
The shop narrows to the rear to 11'. The shop will be comprehensively equipped with counter, servery and shop fittings including display cabinets and shelving. To the rear a door gives access to -

INNER LOBBY 
1.93m x 3.58m
Beyond this -

UTILITY/NEWSPAPER SORTING ROOM 
3.91m x 3.05m
With a door to the outside. Beyond this steps lead to -

FURTHER STORAGE AREA 
5.56m x 3.0m
Loft access over for further storage purposes.

OWNERS' ACCOMMODATION 
Approached from the rear outside courtyard giving access to -

GROUND FLOOR PRIVATE LOBBY 
Door leading to -

LIVING ROOM 
4.34m x 3.07m
Intercommunicating door to -

KITCHEN 
2.31m x 3.07m

UTILITY AREA 1 OFF KITCHEN 
1.07m x 2.13m

UTILITY AREA 2 OFF KITCHEN 
1.45m x 2.13m

FIRST FLOOR 
Stairs give access to rear landing

CLOAKROOM 
Toilet

BATHROOM 
Panelled bath, wash hand basin.

BEDROOM 1 
3.89m x 3.05m
Stairs give access to -

MAIN LANDING 

BEDROOM 2 
3.07m x 3.35m

BEDROOM 3 
3.35m x 2.6m

LOUNGE 
5.08m x 3.38m

AGENT'S NOTE 
It should be noted that two of the rooms overhang the adjoining barber's shop and therefore a flying freehold exists.

SERVICES 
Mains electricity, water, drainage.

RATEABLE VALUE 
£6,300 PA. UBR, as of April 2015, 49.3p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

VIEWING 
Strictly by appointment through the selling Agent.

VAT 
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC

More information from this agent

Nearest station

  • Rhoose (13.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Minehead

9 Floyds Corner, Minehead, Somerset, TA24 5UW

01643 669007 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.

Floorplans


To view this property or request more details, contact:

Webbers Property Services, Minehead

9 Floyds Corner, Minehead, Somerset, TA24 5UW

01643 669007 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

  • Rhoose (13.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Minehead

9 Floyds Corner, Minehead, Somerset, TA24 5UW

01643 669007 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.

Disclaimer - Property reference MIN150402. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers Property Services, Minehead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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