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Nisa - Collumpton, 23-25 Fore Street, Cullompton, EX15 1JS

£320,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

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

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.

Location

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 .

Fixtures & Fittings

We are advised that all shop fixtures and fittings are included in the sale - subject to a confirmation itinerary.

Letting Accommodation

Five 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.

The Opportunity

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.

Staff

There are no staff that would transfer under TUPE.

Trading Information

Six monthly till reports up to the 1st July 2025 show the shop has achieved weekly sales turnover of £21,500.

Trading Hours

Everyday between 7am-11pm.

Tenure

Leasehold Property let on a 20 years from 28 February 2025. The lease has a current rent of £31,000 per annum.

Business Rates

The 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

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

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

Notes

These notes are private, only you can see them.

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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