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The Wine Centre, The Causeway,Great Horkesley, Colchester, Essex, CO6 4BH

Key features

  • Annual T/O Y/E 30/04/22 - £461,143
  • Annual GP Y/E 30/04/22- £184,563 (38%)
  • Well established wine merchant
  • Loyal customer base
  • Substantial Grade II Listed Residence
  • Ready made business with high profit. EPC Exempt
  • Christie & Co Ref: 1418265

Description

Description

Great Horkesley Wine Centre has been established as a wine merchant for 60 years. The trade is 100% retail offering some 500 wines, a full drinks complement, deli food, hampers and events. It is a profitable business which has great potential for growth, especially internet sales and trade sales. It is accompanied by a Grade II listed, four-bedroom country home with mature gardens and paddock to the rear, with possibilities for development.

Location

The business is located on the Causeway in Great Horkesley, which is a desirable village set just a few miles north of Colchester on the A134 Essex/Suffolk border and is surrounded by a number of affluent villages. It has easy access to the A12 and is a mature commuter belt to London. Colchester is the fastest growing town in the UK with extensive new developments surrounding Great Horkesley.

Internal Details

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Fixtures & Fittings

We have been informed by the owners that the fixtures and fittings are owned outright.

External Details

To the front of the of the property there is parking for multiple vehicles, including customer and residential parking. There is a side trade access for deliveries.

Owner's Accommodation

?The House?

"Gardenhurst" The adjoining residential accommodation is a charming Grade II Listed building with original Georgian features. The accommodation is made up over two floors. The ground floor, on the left-side is the lounge, which has been converted back into part of the residential home after previously being used as a gift shop. On the right-side of the ground floor there is the dining room, adjoining kitchen, utility room, shower room and garden porch. Leading to the second floor there are two original stairways, to the front and back of the house. There are four bedrooms, including three doubles, and a large bathroom.

The Opportunity

Great Horkesley Wine Centre has been established as a wine merchant for 60 years. The trade is 100% retail offering some 500wines, the full drinks complement, deli food, hampers and events. It has been a largely successful business in all this time, however, lately it has run into difficulties, recording a small loss in 2022, with a larger loss expected this year (TBC). The owners are looking for an exit and this presents a fantastic opportunity for the right buyer. The shop is attached to a Grade ll listed four-bedroom country home with mature gardens and paddock to the rear with possibilities for development.

Staff

Excluding the owners, there are three members of staff who work on a part time basis with hours fluctuating in busier times.

Trading Information

Turnover for the store for the period ending 30/04/22 was £461,143, with a gross profit for the same period of £184,563 giving 38% gross profit. Full trading information will be made available to seriously interested parties.

Trading Hours

Monday to Saturday 10.00am - 6.30pm
Sunday - Closed

Business Rates

The rateable value is £14,500 as of 1 April 2023.. Confirmation of business rates payable should be obtained from the local authority.

Regulatory

There is a premises licence.

Brochures

Brochure 1
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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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 Wine Centre, The Causeway,Great Horkesley, Colchester, Essex, CO6 4BH

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About Christie & Co, Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

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 TheWineCentreResi. 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, Ipswich. 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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