Retail Property (high street) for sale

4 Norwich Road - NR15

£429,995

Property Description

Commercial information

  • Business for sale

Key features

  • Well established post office and newsagent/confectioners
  • Post office salary £40,000 plus retail sales in the region of £100,000 per annum
  • Village location, ideal lifestyle change opportunity
  • Three bedroom owner’s accommodation set within a detached period property

Full description

Tenure: Freehold

DESCRIPTION
Brooke Post Office is situated in the heart of Brooke, which is a small village in South Norfolk about 7 miles south of Norwich and roughly equidistant from Bungay. The village is well served with one primary school, a garage, a petrol station, a farm store & butchers plus two pubs, one of which has an excellent reputation for being family friendly along with good food. There is also the church of Brooke St Peter.

The business has been established since the late 60’s early 70’s and has been under the same ownership since 2001, when our client purchased the business having moved from London for a complete lifestyle change. Brooke Post Office operates from a deceptively spacious three bedroom detached period property right on the main road through the village, which is a fairly traditional Norfolk village with plenty of period buildings and open countryside, thus providing an idyllic place to live and work.

Due to the semi rural location, the business has a very regular and loyal customer base from the local village residents, along with passing trade who benefit from ample free parking on adjacent side streets. In our opinion the business would benefit from stocking additional lines such as tobacco, alcohol and daily convenience goods to enhance the profits, as the business is completely unopposed and would have no competition locally for these goods.

We have been advised by our client that the area in general is expanding with 20 new homes being built locally, along with plans to re-develop and enlarge the primary school, which is opposite the post office. The business also benefits from a regular bus service to the next village where the main secondary school is situated, making this an ideal family purchase.


Sales
Currently shop sales generate approx. £100,000 per annum.

POST OFFICE SALARY
Annual post office income approx. £40,000



ACCOUNTS
Current records and accounts can be inspected after a viewing by genuinely interested parties.

TRADING HOURS
Shop:
Monday, Tuesday, Thursday & Friday 08:30 — 17:30
Wednesday 08:30 — 13:00
Saturday 08:30 — 12;30
Sunday Closed

Post Office:
Monday, Tuesday, Thursday & Friday 09:00 — 17:30
Wednesday 09:00 — 13:00
Saturday 09:00 — 12;30
Sunday Closed

The business currently closes from 13:00 — 14:00 for lunch.


STAFF
The business is managed by both owners along with five paperboys/girls and one part time Saturday member of staff.

Building External
Deceptively spacious, two storey, three bedroom detached period property situated on the main road through the village, with excellent signage and high underlying freehold value.

BUILDING INTERNAL
The business has an open plan trading area with a tiled floor, one retail tills and one post office fortress. The retail side of the business stocks a small selection of greeting cards and stationery along with newspapers, magazines and ice creams. Given the proximity of the primary school and bus stop outside, the business stocks a good selection of confectionary and soft drinks.

ANCILIARY AREAS
The sorting office is run from a single storey brick built building within the rear court yard and offers a dedicated kitchen and bathroom facilities.


RESIDENTIAL ACCOMMODATION
The spacious three bedroom owner’s accommodation is arranged over two floors and offers good sized family rooms, boasting three double bedrooms along with a modern fitted kitchen.

The accommodation is laid out as follows:

Ground Floor:
Kitchen
Fully fitted farmhouse style kitchen with a double glazed side aspect window, tiled floor, a full range of base and eye level wall mounted units, roll edge work tops, part tiled walls, a built in oven and hob, plumbing for a dish washer and a washing machine and a larder cupboard housing a fridge freezer.

Dining room
Double glazed front aspect window, an internal door through to the post office and a further door to:

Living room
Light and airy family room with a double glazed front aspect window, a feature fire place with tiled hearth and a working log burner. There are stairs to first floor landing.

First floor with doors leading to:

Family bathroom
Double glazed side aspect window with part tiled walls, a WC, a panel enclosed bath with an electric shower over and a pedestal mounted hand basin.

Bedroom One
A large double room with a front aspect window.

Bedroom Two
A double glazed front aspect window with door leading through to:

Bedroom Three
A double glazed side aspect window, exposed beams and built in wardrobes.

EXTERNAL
There is a courtyard garden, designed with low maintenance in mind along with a variety of mature trees, shrubs and plants.


TENURE
We are advised that the property is freehold.

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


SUMMARY
A wonderful opportunity to acquire a lifestyle change business in a peaceful and popular Norfolk setting with genuine growth potential.

A viewing is highly recommended to fully appreciate the business opportunity and location.


Nearest station

  • Buckenham (5.7 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

  • Buckenham (5.7 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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