About this property

Unique opportunity to buy a thriving retail business in Great Bowden, best suited to a hands-on couple looking for a new lifestyle . The owners are currently marketing the retail side of the business but the large 2 bedroom flat above the property would also be available as part of the sale. Please ask for more details . Shop £475,000 Flat & shop pound;675,000 (flat not currently on the market but available to purchase with the retail side of the business only )

Description

This superb brick-built corner village store offers a range of services from Licensed Retail Shop, Deli Counter, Post Office, Takeaway , Outside Catering and Licensed Tearoom and also offers Dry Cleaning and Laundry Services as well as Hampers for special occasions. The Retail Shop offers a range of high-quality Greetings Cards, Gifts and other items.

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Trading Areas

Retail Shop

This beautiful and quaint village shop retains its olde worlde feeling and sits in the heart of the picturesque and highly sought-after village of Great Bowden. The retail side of the business has a range of wooden display units, display baskets, newspaper and magazine displays, a range of fridges and freezers, deli counter and display. There is also the benefit of an external ATM machine and secure room.

Tearoom

The high-quality Tea Rooms are accessed via the main shop and is pleasantly laid out offering up to 20 covers inside. To the rear of the tea rooms are two double doors leading out to a private courtyard offering seating areas for a further 20 covers.

Catering Kitchen

With a fully fitted catering kitchen, open plan with serving counter. The kitchen briefly comprises; ceramic hob, Grill, microwaves, smart oven, toaster, commercial coffee machine, grinder, water boiler , under counter fridges and freezers. The kitchen currently has a 5 Star rating from EHO. To the side of the kitchen is a dishwasher area with stainless steel sink, base units with roll top work surfaces and stainless-steel shelving. There is a commercial oven used for baking in the store room to the side of the shop, with additional large commercial fridges and freezers for storage.

Trading Hours

MONDAY - SATURDAY 6.00 AM TO 7.00 PM SUNDAY - 7.00 AM TO 6.00 PM

Licences

The Business benefits from an Alcohol Licence for sales from the shop and to consume in the tea-room.

Business Turnover

The combined business turnover was £599,737 (Excluding VAT) for the last financial year and is on track for £625,000 (Excluding VAT) High gross margins of 39% which gives a gross profit of £235,938. The local Post Office Plus income is currently in excess of £30,500 per annum.

Weltons Village Stores www.weltonsdeli.co.uk

Private Accommodation

On the first floor is a two/three bedroomed apartment accessed via external stair case leading to a private roof terrace. The apartment briefly comprises; lounge, kitchen-diner, 2/3 bedrooms and bathroom. The apartment is current let on a short-hold tenancy agreement at £725 per calendar month. PLEASE NOTE - the Apartment is For Sale via separate negotiation

Commercial Stamp Duty Rate

Freehold Non-residential (Commercial property) Stamp Duty Land Tax rates Purchase price (non-residential or mixed use) SDLT rate paid on the property amount within each tax band Up to £150,000 - 0% Between £150,001 and £250,000 - 2% Over £250,000 - 5%