The Emporium, 112 High Street, Hungerford, United Kingdom, RG17 0NB
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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
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.
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.
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 & FittingsThe fixtures and fittings are owned outright and are included in the sale.
The OpportunityDue 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.
One full time manager.
Trading InformationCabinet holders income 2019 - £122,414
Adjusted Net Profit £90,000
Monday to Friday: 10am-5pm
Saturday: 9.30am-5pm
Sunday: 10am-4pm
Freehold
Class E - Commercial, Business and Service
The business rates as of April 2010 were calculated at £15,500. (Please note this is not what you will pay)
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Emporium, 112 High Street, Hungerford, United Kingdom, RG17 0NB
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Visit our security centre to find out moreDisclaimer - 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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