Retail Property (high street) for sale

The Green, Gressenhall, NR20

£395,000

Property Description

Key features

  • Post Office & Traditional Stores on Village Green
  • Substantial Character 4 bed Owners Accommodation
  • Close to Market Town
  • Freehold Property, Trade F & F, Business Goodwill, + Stock In Addition at Valuation
  • EPC Rating E

Full description

Tenure: Freehold

Post Office & Traditional Stores on village green having substantial character 4 bed owners accommodation, being close to a market town.
Freehold Property, Trade F & F, Business Goodwill, + Stock In Addition at Valuation


LOCATION 
Gressenhall Post Office & stores can be found on the large village green in the centre of this unspoilt rural village, which is the home of the Rural Life Museum. The village has a playgroup, a bowling club, a social club and there is a primary school in nearby Beetly. The village is in the catchment area for the well regarded Litcham High School. There is a bus service to East Dereham which is just 4 miles away. This market town has a wide range of facilities including shops, weekly market, schools for all levels, a swimming pool and golf course. The cathedral city of Norwich is about 25 miles away with cultural and leisure activities for most tastes. There is a regular rail service to London Liverpool Street with an approximate journey time of 1 hour 50 minutes and an expanding airport which has an increasing number of flights to European destinations.

THE BUSINESS 
Our clients have owned the business since 2004 but now wish to sell for personal reasons. During their ownership they have made many improvements including fitting a new kitchen, replacing the roof above the family room & store and re-wiring the shop & house as well as updating and maintaining the internal decoration to a high standard. Accounts for the year ended 31/03/16 show sales of £176,011 ex. VAT. Retail sales include: general convenience, dairy products, fresh fruit and vegetables, frozen foods, confectionery, cards & stationery, newspapers & magazines (counter only) tobacco products, off-licence, toys & books, deli with ham & cheese and seasonal items. PO Ltd has confirmed that this business will have the benefit of one of the new ‘local’ post office contracts with an estimated annual income of £2,400 - £2,700.

POST OFFICE 
The appointment of a subpostmaster is at the discretion of Post Office Ltd. With regard to current Post Office Ltd procedures please visit http://corporate.postoffice.co.uk/runapostoffice.

TRADE ACCOMMODATION 
Entrance door leads to sales area with tiled floor, fluorescent lighting and fitted with adjustable metal shelving, central gondola, card racks, magazine racks and service counter with cigarette gantry behind. Equipped with glass-front deli counter, two glassfront chillers, one glass-top freezer and a chest freezer. POST OFFICE currently a fortress counter but on transfer this is could be removed and an open counter installed on a local contract. STORE ROOM/PREP AREA equipped with stainless steel sink, washbasin, meat slicer, fridge/freezer and shelves. STOREROOM fitted with two fridge freezers, fridge and shelving.

LICENCE 
A Premises Licence is held for the sale of alcohol for consumption off the premises. Prospective purchasers will need to hold/obtain a Personal Licence.

STAFFING 
One vendor full-time, one relief subpostmaster and one part-time member of staff (8 hours per week). The part-time staff member will transfer with the business under the TUPE regulations.

TRADING HOURS 
08.00 to 17.30 Monday to Friday; 09.00 to 13.00 Saturday.

PRIVATE ACCOMMODATION 
The accommodation can be accessed from the shop, rear entrance or via garden into kitchen. HALLWAY with entrance door, stairs up and doors to: shop, kitchen and LOUNGE (7.52 x 4.25 max.) carpeted. Feature brick fireplace, windows to two aspects and full length window. KITCHEN (4.37 x 4.29 max) Tiled floor. Beams. Fitted with wooden work surfaces, wall and base cupboards Rangemaster six- ring range with double oven and grill. Butler white ceramic deep sink. Integrated fridge and freezer, room for dishwasher. Stairs up. Door to utility and garden. UTILITY ROOM (2.21 x 4.46) with plumbing for washing machine and vent for tumble dryer. Base & wall cupboards, tiled floor and door to store room (see previous description under business section). FIRST FLOOR ROOM (open stairs up from kitchen) (3.84 x 4.49m max). Beamed ceiling and central support. Electric ‘woodburner’, carpeted. This room could be used for a variety of uses; study, playroom, family room etc. FIRST FLOOR (truncated)

OUTSIDE 
Unrestricted customer parking. Small GARDEN to front with pathway to rear GARDEN well maintained and laid to lawn with shrub borders and paved patio area. SHINGLE PARKING AREA for four cars with access to OUTSIDE STORAGE AREA with two wooded sheds. Entrance to garden.

RATES 
RV = £3,150. No Uniform Business Rates are payable to Breckland Council for the 2017/2018 year after rate relief has been applied. Council Tax based on Band C.

SERVICES 
Mains electricity, water, and drainage services are connected. Oil fired central heating.

EPC 
The property has an Energy Performance rating of E:114. The full EPC and Recommendation Report are available upon request.

FURTHER INFO & VIEWING 
FURTHER INFORMATION & VIEWING DETAILS: TO DISCUSS THIS FURTHER OR ARRANGE A VIEWING PLEASE CONTACT JO ALLEN ON 01603-616010. The owners will make you most welcome on your visit. Under no circumstances should prospective buyers make any approach to members of staff who may well be unaware of the vendor’s decision to sell. Viewers are requested and expected to exercise the utmost discretion when visiting premises/businesses for sale.

Nearest station

  • Wymondham (13.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

01522 418076 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

  • Wymondham (13.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

01522 418076 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 LNC170120. 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 PYGOTT & CRONE COMMERCIAL, Lincoln. 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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