Commercial Property for sale

Willow Crescent, Oakham

Guide Price £240,000

Property Description

Key features

  • Freehold Property
  • Convenience Store with
  • 3-Bedroom Apartment
  • Redevelopment Potential
  • Profitable Business
  • Good Location
  • Opposite Primary School
  • Energy Rating: D

Full description

FOR SALE: FREEHOLD CONVENIENCE STORE WITH THREE BEDROOM APARTMENT ABOVE.

The property comprises a successful ground floor convenience store with a three bedroom apartment above. Willow Stores is ideally located within a popular residential area within the town of Oakham. The business benefits from ample on-street parking to the front of the premises and is located opposite a primary school. The accommodation on offer briefly comprises:

GROUND FLOOR: good size RETAIL SHOP, Store, WC, Rear Hall, Further Storage Area

FIRST FLOOR: a spacious APARTMENT incorporating Sitting Room, Breakfast Kitchen, three Bedrooms & Family Bathroom.

OUTSIDE: there is on-street customer parking to the front, an integral double Garage with further off-street parking and a lawned rear garden.

Business Description - FOR SALE: FREEHOLD CONVENIENCE STORE WITH THREE BEDROOM APARTMENT ABOVE.

A well-established and profitable convenience store located on a popular residential estate in the town of Oakham in the county of Rutland.

The business was established in the 1960's and has been in the present ownership since 1994. This freehold property and successful business is being offered available for sale due to the owner's retirement. The business is open 7 days per week and generates a turnover in the region of £240,000 with a gross profit ratio of approximately 25%.

Business is derived from the sale of general convenience lines, newspapers, alcoholic beverages, tobacco products, Lotto, a UPS parcel service, Parcels Direct and being a Next returns depot. The owner has also recently signed a Pass My Parcel contract with Amazon. The business already boasts an excellent reputation in the area and benefits from a loyal customer base. The availability of this property offers an excellent opportunity for a new owner to take this already thriving business to the next level.

The shop is well presented throughout and has been fully re-wired with LED lights fitted within the suspended ceiling. The business trading hours are currently Monday - Saturday : 6.00am - 8.00pm, Sunday: 6.00am - 1.30pm and 2.45pm - 8.00pm.

The FIRST FLOOR APARTMENT is located above the shop and is ideal for the owner or a Manager to live on site. The Apartment is well presented and offers spacious 3 bedroom accommodation.

Accommodation - This property is a substantial two-storey premises, located within a popular residential area of the town of Oakham. The property benefits from ample on-street parking to the front of the premises and is located opposite a primary school. The accommodation on offer briefly comprises:

GROUND FLOOR: spacious Retail Area, Rear Store, WC, Rear Hall, Storage Area;

FIRST FLOOR APARTMENT: A good size apartment incorporating Sitting Room, Breakfast Kitchen, three Bedrooms and Family Bathroom.

OUTSIDE there is on-street parking for customers to front, owner's double Garage with further off-street parking and lawned garden to rear.

Ground Floor - Retail Shop -

Retail Area - 6.48m x 4.93m + 4.62m x 4.65m (21'3" x 16'2" + 15' - A spacious shop with good front display windows and a central half glazed entrance door, sales counter, fitted shelving, laminate flooring and suspended ceiling with spotlighting.





Rear Store - 4.60m x 2.46m (15'1" x 8'1") - Fitted shelving, internal door leading to WC and Garage.

Wc - 1.57m x 1.35m (5'2" x 4'5") - White suite comprising low level WC and wash hand basin with water heater above.

Rear Hall - 2.29m x 1.57m (7'6" x 5'2") - Stairs to first floor, under-stairs store, external door to rear elevation.

Storage Area - 2.36m x 1.57m (7'9" x 5'2") - Fitted shelving.

First Floor - Apartment -

Landing - 5.94m x 0.89m (19'6" x 2'11") - Radiator, laminate floor.

Sitting Room - 5.08m x 3.38m (16'8" x 11'1") - Gas coal effect fire, radiator, spotlighting, window to front elevation.

Breakfast Kitchen - 5.00m x 2.77m (16'5" x 9'1") - Range of floor and wall mounted units with grey granite effect work surfaces with inset 1.5 bowl single drainer sink and tiled splashbacks, plumbing for washing machine and dishwasher, breakfast bar, wall mounted gas fired central heating boiler, built-in airing cupboard housing hot water cylinder, spotlighting.

Bedroom One - 3.94m x 3.38m (12'11" x 11'1") - Fitted wardrobes to one wall, radiator, dual aspect windows to front and side.

Bedroom Two - 2.74m x 2.24m (9'0" x 7'4") - Walk-in wardrobe, radiator,window to rear elevation.

Bedroom Three - 3.45m x 3.02m (11'4" x 9'11") - Radiator, window to front elevation.

Bathroom - 1.73m x 2.77m (5'8" x 9'1") - White suite comprising low level WC, pedestal hand basin and bath with shower above; upright stainless steel radiator, window to rear elevation.

Outside -

Front - Street frontage with layby providing on-street customers' parking.

Integral Garage - 4.95m narrowing to 2.82m x 7.54m max (16'3" narrow - Double timber doors to front elevation, glazed patio doors to rear garden.

There is additional car hard standing in front of the garage.

Rear Garden - Rear garden features an area of timber decking, a pond and lawn area with mature plants and shrubs. Fruit trees include two cherry trees, a pear, a plum and a peach, the fruit of which is sold in the shop.

Stock At Valuation - In addition to the agreed purchase price, the purchaser will be able to purchase the remaining stock at valuation (SAV).

Alternative Uses / Redevelopment Potential - This substantial property occupies a good sized plot, located with a residential area opposite a primary school. The property offers the potential for redevelopment or a change of commercial use, subject to obtaining the necessary planning consents. All enquiries should be addressed to Rutland County Council Tel. No. 01572 722577.

Services - None of the services, fittings, or appliances (if any) heating installations, plumbing or electrical systems, telephone or television points have been tested by the Selling Agents.

Oakham - Oakham is a delightful market town, the capital town of the county of Rutland. It has a good shopping centre extending along the High Street with a good range of both privately owned and nationally owned outlets catering for most needs. Being the administrative capital for the county a number of people from outlying areas also visit the town, particularly on market days, Wednesday and Saturday.

There are currently three supermarkets within the town, Tesco and Co-op. For commercial and industrial businesses there are good sites locally and for communications there is a British Rail station in the town which connects to Leicester, Birmingham in the Midlands and Peterborough and London in the East.

Rateable Value - Enquiries to Rutland County Council, Oakham 01572-722577

Energy Rating - D/99

N.B. - Interested parties are advised to check with ourselves that these particulars have not been altered or amended in any way since they were issued.

Viewing - By appointment to be made through the Selling Agents please. If you are travelling a long distance please telephone prior to departure to ensure the property is still available and to discuss any particular points which are likely to affect your interest in this property in order that you do not make a wasted journey.

Office Opening Hours - Monday - Friday 9.00 - 5.30 Saturday 9.00 - 4.00 Sunday & Bank Holidays 10.00 - 2.00

Disclaimer - 1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract. No responsibility is assumed for the accuracy of individual items. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, area, reference to condition and necessary permission for use and occupation and their details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, or otherwise as to the correctness of each of them. 3. No person in the employment of Messrs Murray has any authority to make or give any representations or warranty whatever in relation to this property or these particulars or enter into any contract relating to this property on behalf of the vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. Where any reference is made to planning permission or potential uses, such information is given in good faith. 6. The information in these particulars is given without responsibility on the part of the agents or their clients. These particulars do not form any part of an offer of a contract and neither the agents nor their employees has any authority to make or give any representations or warranty in relation to this property. Money Laundering Regulations 2003 Anti-Money Laundering Regulations came into force in March 2004. These regulations affect estate agents, there will be requirement that Murray's confirm the identity of its seller and buyers.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Oakham (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Murray Estate Agents & Chartered Surveyors., Oakham

Market Street, Oakham, Rutland, LE15 6DY

01572 366021 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

  • Oakham (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Murray Estate Agents & Chartered Surveyors., Oakham

Market Street, Oakham, Rutland, LE15 6DY

01572 366021 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 26096947. 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 Murray Estate Agents & Chartered Surveyors., Oakham. 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.

Map data OpenStreetMap contributors.