Nisa - Collumpton, 23-25 Fore Street, Cullompton, EX15 1JS
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Convenience store for sale
Key features
- Sales circa £21,500 per week
- Two tenanted apartments
- Additional rental income of £36,600 per annum
- Main road, high street, town centre position
- EPC Rating C, Two flats with EPC C and E
- Three parking spaces to the rear
- Christie & Co Ref: 3410530
Description
A well-presented and modern convenience store within a period building. Centrally located on the main High Street position in Collumpton, surrounded by numerous complimentary businesses.
With just over 1000 square feet of sales floor the shop has two main central gondolas for snacks and confectionary, breads and bakery, tinned and packet goods plus newspapers and magazines. There are a variety of open fridges for diary, fresh fruit and veg and chilled produce, alongside a 4 door soft drinks fridge, beer and wine chiller with 3 door freezer and further ice cream freezer.
There are two main EPOS counters with tobacco gantry and premium spirits behind. To the rear of the shop are two separate store spaces, walk in chiller, plus office and staff facilities. Also included are two sperate apartments above both of which are currently rented and providing further income, along with three parking spaces to the rear.
The Property is situated in the centre of Cullompton, in a prominent high street position surrounded by a mix of complimentary retailers.
Located just off the A373 and only 0.6 miles from Junction 28 of the M5, providing excellent road connectivity. Exeter lies approximately 13 miles to the south. Nearby market towns include Tiverton, 5 miles north-west and Honiton, 11 miles south-east .
We are advised that all shop fixtures and fittings are included in the sale - subject to a confirmation itinerary.
Letting AccommodationFive bedroom first floor flat let out on a per room basis at £390pcm. The whole flat is currently let for £23,400 per annum.
Four bedroom flat over the second and third floor of the property which is currently let out to some of the shop staff members on a two month rolling contract. The flat is currently rented out for £13,200 per annum.
Presenting a fabulous opportunity to acquire a well run convenience store on a central main road in the Devon market town of Collumpton. The leasehold store has consistent turnover which would suit both an established multi operator or first-time owner.
The two large flats above the shop would provide an additional income stream if continued to be rented out or could be utilised as owner's accommodation.
There are no staff that would transfer under TUPE.
Trading InformationSix monthly till reports up to the 1st July 2025 show the shop has achieved weekly sales turnover of £21,500.
Trading HoursEveryday between 7am-11pm.
TenureLeasehold Property let on a 20 years from 28 February 2025. The lease has a current rent of £31,000 per annum.
Business RatesThe rateable value as of 1st April 2023 is £15,500.
Brochures
Nisa - Collumpton, 23-25 Fore Street, Cullompton, EX15 1JS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tiverton Parkway Station4.4 miles
- Feniton Station6.8 miles
Notes
Disclaimer - Property reference 3410530-lh. 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, Retail. 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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