Commercial Property for saleMarket Bosworth
Sold STC £775,000
Elegant Grade II Listed building home to Michaelmas House a leading home interior and furniture business. Includes charming three bed apartment, walled garden and studio. PLANNING PERMISSION NOW GRANTED TO SEPERATE FLAT CREATING ADDITIONAL INCOME
General - Michaelmas House is an elegant Listed Georgian House in a prime position overlooking the historic Market Square. The property briefly comprises a retail unit with walled garden on the ground floor and a charming apartment occupying the first and second floors.
Location - Michaelmas House is arguably in Market Bosworth's premier retail location on a corner overlooking the Market Place. It is directly opposite the CO-OP (Market Bosworth's only convenience store) and the Dixie Grammar School. In this established retail area there are an interesting collection of complementary shops together with highly regarded restaurants. It should be noted that there is also free parking in the Market Place opposite.
Market Bosworth - Market Bosworth is one of the most well regarded and exclusive towns in West Leicestershire. The town services a wide area and is locally considered to be one of the most desirable locations to live.
There is a traditional market every Wednesday as well as a Farmers Market that is held on the fourth Sunday of every month. The town is home to the areas leading private school the Dixie Grammar which is opposite Michaelmas House.
There is a thriving community with a variety of sports clubs including rugby, football, golf and bowls. There is a marina and water park to the West of Market Bosworth and a large country park overlooked by the historic Bosworth Hall Hotel.
Market Bosworth attracts many tourists because of its rich history and the recent discovery of Richard III remains has been a major boost to the town
The Michaelmas House Business - The Michaelmas House business was established by Tim and Lorraine Richardson some 15 years ago following Tim's retirement from the quarrying industry. Tim and Lorraine now wish to retire and and sell the property freehold together with the business as a going concern. The business now has customers across the UK and Europe.
Suppliers - The shop has a loyal following and is a destination for those wishing to achieve the Michaelmas House look for their home. A carefully chosen mix of quintessential English country style, where classic and contemporary meet.
Michaelmas House have relationships with many of the countrys finest suppliers of homewares including Neptune, Voyage Maison, Lloyd Loom and Crucial Trading. They have also developed a transactional website to support the shop and extend their reach.
. - Michaelmas House has been very much a lifestyle business and there is now potential for the new owner to take it to the next level. It should be noted that Tim and Lorraine Richardson are keen to work with a prospective purchaser to ensure a smooth transition of the business and to introduce them to customers and suppliers..
Included In The Sale - Freehold property of Michaelmas House
The stock is available at an outgoing valuation price.
. - The delivery van used by the business can also be purchased by separate negotiation
Although at present the building is structured as a shop with three bedroom apartment over, ideal for a business owner who wishes to live within the heart of Market Bosworth, the first floor could also be utilised for further retail space, subject to the relevant planning being obtained and it being practical.
The Retail Unit - The retail unit has a frontage of approximately 9 metres with two display windows overlooking the Market Place and Station Road.
Retail Floor Areas:
Area sq m Area sq ft
Front retail area 45.2 486
Rear retail area 37.7 406
Kitchen 5.0 54
Storage Cupboard 4.0 43
Studio 16.6 179
Total 108.50 2,759
. - The retail space is divided into three open distinct areas which gives enormous flexibility in dividing the space to showcase different designs and themes.
In the main retail area there are two large shop windows and a particular feature has been made of the magnificent fireplace.
. - The main retail area opens into a central area with french doors opening into the walled garden. There is a secure storeroom and it also opens into two further distinct retail areas.
Gallery Room - The gallery has a slightly higher ceiling with roof light creating a light and open space. It has a natural stone floor and overlooks the walled garden
Soft Furnishing Room - A more intimate space with oak boarded floor. Ideal for dressing as a reception space or bedroom. There is a door to the stairwell and the:
Kitchen - Fitted units with Belfast sink. Door to walled garden.
Walled Garden And Studio - At the rear of the property there is a stunning walled garden which is used to display items being sold in the shop in a garden setting, enhancing the retail experience and providing useful additional space.
At the end of the garden, there is an Oak framed studio 16.6 square metres 179 square feet The studio could be used as a permanent additional retail area or indeed a workshop subject to planning.
The Aparment -
- - The stunning three bedroom apartment with living room, dining room, kitchen and bathroom is accessed via a hallway and stairs within the ground floor area. As you enter the apartment, the kitchen and bathroom are located on the first half landing and the main accommodation of living room and dining room are on the main first floor.
Epc - The EPC is available from our office on request.
On The First Floor -
Sitting Room - 17'6" max x 16'2" max (5.33m max x 4.93m max) - The main living room is a stunning room with sash windows overlooking town centre and the garden. The focal point of the room is the traditional cast iron fireplace with tiled inset, marble hearth and timber fire surround. To one side of the fireplace are fitted bookshelves and cupboards.
Dining Room - 12'8" x 12'5" (3.86m x 3.78m) - A beautiful room with two sash windows overlooking the Market Place with traditional fireplace and a useful storage cupboard. There is a part corniced ceiling.
Kitchen - 16' x 6'8" (4.88m x 2.03m) - Fitted base and wall units incorporating a one and a half bowl porcelain sink and breakfast bar with views over the garden. Ladder style towel rail.
Bathroom - 10' x 5'9" (3.05m x 1.75m) - Luxurious bathroom with fashionable suite comprising panelled bath with shower over, washbasin in vanity unit and low flush. There is an oak boarded floor and natural stone tiling.
On The Second Floor -
Master Bedroom - 14'4" x 12'11" (4.37m x 3.94m) - An exquisite room with cornicing and a ceiling rose. There is a walk in wardrobe, sash windows and door to en-suite.
En-Suite - Basin in vanity and low flush lavatory.
Bedroom 2 - 17'1" x 8'5" (5.21m x 2.57m) - A double bedroom overlooking the town centre
Bedroom 3 - 12'11" x 7'2" (3.94m x 2.18m) - A good sized single bedroom overlooking the walled garden.
Planning - Hinckley and Bosworth Borough Council. Telephone: 01455 238141
Outgoings - Michaelmas House pays both council tax and business rates. The current council tax band is C and the current rateable value is £9,800.
Viewing - Strictly by appointment only through Country Properties, telephone 01455 890898. We politely request that no direct contact is made with either the current owners or employees of the shop and that all enquiries are directed to the agent.
Services - The property benefits from mains water, electricity, gas and drainage. The property has partial gas fired central heating.
Fox Country Properties Limited trading as Fox Country Properties, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Fox Country Properties have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
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