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Reawla Stores, 1, Relistian Lane, Hayle

449 sq. ft.

Property Description

Commercial information

  • 449 sq ft (41 sq m)

Key features

  • EPC (C)

Full description

Well appointed Village Stores in West Cornwall with a beautiful and sizeable two bedroom cottage. Consistent trade and profits. Viewing recommended.

Location - Reawla Stores is situated in the centre of the popular village of Reawla, in West Cornwall, on the outskirts of Hayle and being within a strong rural community, which has some seasonal uplift, close to the North Cornish coast. There is primary schooling within the vicinity and comprehensive and tertiary education nearby and this part of Cornwall is generally considered a desirable location.

The Property/Business - We understand the business has traded on this site as a village shop since the 1970s, has been in our clients tenure for the past circa 9 years and is now being sold due to impending retirement. The Stores comprise circa 450 sqft of very well equipped space and is concerned with the sale of general groceries, household goods, chilled goods, cigarettes and tobacco and alcohol etc. The business also has the benefit of Pay Point and a newsbill currently in the region of £250 per week.

To the rear of the property and with separate side access is a well appointed two bedroom cottage, with a refitted kitchen and dining area, sizable L shape lounge and on the first floor a well appointed bath and shower room and two very large double bedrooms. Overall, in our opinion the property and its garden areas etc are presented in very good order.

In terms of the trade, the most recent trading accounts March 2016 show net sales of circa £312,000, which after costs for sales, leaves a gross profit level of 22.5%. Further accounting information will be made available subsequent to a viewing appointment in the normal manner.

The Accommodation Comprises - (all areas and dimensions are approximate)

Retail Area - 6.97m x 5.99m. A very well appointed retail area with fixed and free standing price edged display shelving, cold meats chiller cabinet, upright drinks fridges, serving counter with enclosed cigarette gantry, heating pasty oven and warming cabinet, CCTV camera system, other display facilities, well stocked arrangement of goods. Inter-connecting door through to:

Shop Storage/Owners Accommodation -

Inner Lobby/Store - 2.85m x 2.21m. Shelving for general goods, staff wc. Door to side elevation giving access to garden etc (see later). Through to:

Kitchen - 3.97m x 2.20m. With window and door to rear elevation, tiled floor, complimentary range of base and wall units, Belfast sink with wooden drainer, built in washing machine, dishwasher, undercounter fridge and separate undercounter freezer. Through to:

Dining Area - 3.39m x 2.48m. With wooden floor, understairs cupboard, fixed spotlighting, radiator, upright dresser display unit (matching the kitchen) for the housing of cutlery and crockery and display of ornaments etc. Through to:

Lounge Areas - Being L shape, 5.23m x 3.20m plus 2.98m x 3.79m (into stairwell). A very attractive L shape room, with feature exposed stone fireplace with deep recess and inset gas burner. 2 windows to the side elevations. Defined office area. Stairs ascending to the:

First Floor - Landing. Access to loft.

Bedroom 1 - 5.17m x 2.66m. Two windows to the side elevation, radiator, door to airing cupboard.

Bedroom 2 - 3.26m x 2.56m. Window to side elevation, radiator, cupboard.

Outside - The gardens and private areas are accessed via wooden double gates.

Garage - 4.92m x 2.62m. Power and light connected, concrete floor. With several freezers etc for storage of shop goods and also some shelving.

Parking for up to 3 vehicles and garden area laid to lawn with some borders. To the front of the property our client has created a seating area with exposed stone and circular bench seating. Also, to the front of the shop is space for several vehicles, village notice board and a retractable awning.

Tenure - Freehold -

General Information - We are advised the property has Gas Central Heating to the accommodation.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Information - For further information or an appointment to view please contact either:-

Graham Timmins on 01872 247019 or via email or
Paul Collins on 01872 247029 or via email or
Beverly Northey on 01872 247031 or via email

Energy Performance Certificate - The Energy Performance Rating for this property is within Band C.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Premises Licence - We understand the business currently holds a relevant Premises Licence in respect of the sale of intoxicating liquor off the premises.

Business Rates - We refer you to the valuation office website or call 0300-1234-171

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock - To be taken at valuation

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Energy Performance Certificates (EPCs)

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