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The Emporium, 112 High Street, Hungerford, United Kingdom, RG17 0NB

Key features

  • c3389sq ft / 315sq m over 4 floors
  • 2019 Cabinet holders rent income c£122,500
  • Potential to convert to residential STPP
  • High Street location
  • Established business with loyal customers
  • EPC rating C
  • Christie & Co Ref: 3818231

Description

Description

The Emporium is a wonderful antiques centre located conveniently on the High Street in the idyllic town of Hungerford. This highly profitable business houses antiques from numerous sellers spread over three floors with office space on the fourth floor.

Due to retirement, the owners are looking to sell the freehold of the building along with the business. The building measures c315 sq m and has potential to convert to residential or office space subject to planning.

Location

Hungerford is located just four miles south of junction 14 of the M4, providing an excellent road link to London and Bristol, and the wider national motorway network. The A338 running through the town is a direct link to Oxford to the north and Southampton to the south . The larger towns of Newbury and Marlborough are both within approximately 10 miles.

The town boasts acres of green spaces including the North Wessex Downs Area of Outstanding Natural Beauty and Hungerford Marsh Nature Reserve and offers an array of restaurants and pubs, a leisure centre with a pool, gym, sports hall and tennis courts. The Heronsgate Club offers a range of fitness classes, squash and a gym. The town is also home to Hungerford Rugby Club, Hungerford Town Football Club and a Cricket Club.

Internal Details

The building measures c3400sq ft set over four floors. There is a basement which is fully tanked. Three of the floors are used as a showroom with the top floor used as office space.

Fixtures & Fittings

The fixtures and fittings are owned outright and are included in the sale.

The Opportunity

Due to a well earned retirement, the owners are now looking to sell this antiques business along with the building.

The business has remained profitable since opening and has a waiting list for cabinet holders. There may be scope to create flats or office space, subject to planning.

Staff

One full time manager.

Trading Information

Cabinet holders income 2019 - £122,414
Adjusted Net Profit £90,000

Trading Hours

Monday to Friday: 10am-5pm
Saturday: 9.30am-5pm
Sunday: 10am-4pm

Tenure

Freehold
Class E - Commercial, Business and Service

Business Rates

The business rates as of April 2010 were calculated at £15,500. (Please note this is not what you will pay)

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The Emporium, 112 High Street, Hungerford, United Kingdom, RG17 0NB

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About Christie & Co, Winchester

Star Lane House Staple Gardens Winchester, SO23 8SR

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference ResiEmporium. 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 Christie & Co, Winchester. 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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