Convenience Store, Stonham Barns, Suffolk
£71.63 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,047 sq ft
97 sq m
- SECTOR
Convenience store for sale
Description
Perfectly positioned on the busy A1120 tourist route, the park attracts a consistent flow of visitors year-round, offering an abundance of attractions and activities to suit all ages and providing a fantastic family day out. This prime trading location ensures strong footfall from both holidaymakers and local residents alike.
The Village Stores is a successful independent family-run business where quality and service are paramount. Renowned for its friendly atmosphere and commitment to value, the store supplies everyday essentials at everyday prices, including groceries and household essentials, snacks and drinks, freshly prepared lunch options, locally sourced seasonal vegetables, confectionery and impulse purchases, along with The National Lottery.
The business benefits from a good established turnover, with clear potential for further growth. Opportunities exist to expand product lines, enhance opening hours, introduce additional services, or further develop the fresh and local offering to maximise revenue.
Key features include a leasehold opportunity in a prominent position within a busy visitor complex, strong year-round footfall, a loyal customer base, and genuine scope to increase turnover further. It presents an ideal lifestyle business in a highly sought-after rural setting.
This is a rare opportunity to acquire a profitable and well-loved convenience store in one of Suffolk’s most popular visitor destinations. Early viewing is highly recommended. RX750155
Tenure
New Lease available for a term to be agreed at a commencing rental of £12,000 per annum exclusive.
Premises
Double entrance doors lead into the premises which measure approximately 1,047 Sq ft and is arranged to provide a Main Sales Area with strip lighting and air conditioning throughout. There is a hip height serve over counter to the front behind which is equipped with a till, scratch card display, display unit and tobacco store. The sales area is equipped with large open display fridge, large upright double display freezer, ice cream display freezer, chest freezer, smaller open display fridge, large upright display fridge, coffee machine and product display shelving. To the back left of this area is a door that leads into a WC. At the back right is a store area.
Staff
The business is run by the vendor on a full time basis, assisted by family members on a casual basis during busy periods.
Turnover
The turnover fluctuates depending on the season, with the most recent set of accounts confirming net sales of £270,000. Further financial information can be disclosed to seriously interested applicants following a viewing of the business.
Business Rates
The premises is subject to a rateable value of £12,750. We are advised the business rates payable are £954.34 per annum.
Legal Costs
Each party to be responsible for their own, with the Landlords legal cost for the granting of the new lease to be the responsibility of the Purchaser and the Landlords legal costs for the surrendering of the existing lease to be the responsibility of the Vendor.
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments.
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.
Convenience Store, Stonham Barns, Suffolk
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Needham Market Station4.3 miles
Notes
Disclaimer - Property reference RX750155. 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 Gilbert and Rose Commercial, Essex Commercial. 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.