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Shop for sale

Ashburton

£495,000

Property Description

Full description

Tenure: Freehold


Ashburton is a thriving and busy town which supports many outlying rural communities as well as attracting thousands of visitors each year as a gateway to Dartmoor. It enjoys excellent communications via the nearby A38 Expressway to the two Devon cities of Plymouth and Exeter, where the road joins the motorway network. The South Devon coastline is around forty minutes by car.

This most attractive business and home is housed within an imposing grade II listed period building positioned in arguably the best trading position fronting the main shopping thoroughfare of East Street and the junction with North Street.

The shop premises has an eye-catching double fronted display window and is divided into three retail sales areas. French doors open to a lovely walled courtyard at the rear (also accessible from the living accommodation) where there is a substantial two storey stone barn which formerly housed the picture framing and gallery side of the business.

The living accommodation is arranged on the upper two floors of the main building and has its own separate entrance from East Street. It provides plenty of space for a family with a large living room, separate dining room and three double bedrooms. Whilst perfect for an owner occupier it could also be let out to produce a useful income if desired.

THE BUSINESS
Understood to have been established more than 35 years, the current husband and wife owners are retiring after 19 years. They are currently assisted by 2 to 3 part time staff, though a new owner may choose to be more involved with the day to day running of the business and thus require less staff.

The business sells good quality gifts catering for all the family along with greetings cards, presentation stationery, images of Dartmoor, children's toys and clothes. There are also watch battery replacement, laminating and photocopying services.

The former picture framing and gallery side of the business has much potential for additional revenue.

Current opening hours are Monday to Saturday 9.30am to 5.30pm.

TURNOVER
Details will be made available to genuine interested parties on request.


DIRECTIONS
To locate the property from the A38 Expressway between Exeter and Plymouth take the exit for Ashburton and follow signs for the town centre. 4 East Street is next to Lloyds Bank just by the junction with North Street.


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