West Sussex Village Store And Three Bedroom House For Sale

Business description

The business is located in an affluent coastal resort in an area of outstanding natural beauty just seven miles to the south of Chichester in West Sussex. Standing back from the main road, the store occupies a prominent position in the very heart of the village. The local area attracts many visitors, and is well known for its natural and unspoilt sandy beach which is one of the premier Blue Flag beaches in the country. There are some excellent schools in the local area, and transport links are good with easy access to the motorway network and the channel ferries at Portsmouth are just a short distance away.

The property has an eye-catching frontage and benefits from having its own dedicated parking area to the front and side of the store. The attractive retail area of approximately 750sqft is very well-equipped for the trade, has full air conditioning and a good-quality CCTV system. There are also excellent storage facilities to the rear of the property. The living accommodation is of a high standard and includes three bedrooms, a superb lounge/dining room, a spacious kitchen with fitted units and a secluded rear garden and patio. There are two modern bathrooms (one of which is ensuite to the master bedroom), the house has UPVc double glazed windows and there is gas central heating throughout the residential accommodation.

A long-established member of the Londis group, the business is currently run by a husband and wife team with assistance from part-time staff. The shop serves both the local residential catchment area as well as the large influx of holidaymakers and day trippers throughout the weekends and summer months. Selling a wide range of convenience items, popular local produce, off licence goods, an appealing selection of hot and cold snacks together with high-margin beach equipment, the business continues to produce strong trading results. Accounts for the year ended 30th November 2010 show Annual Sales of £433,732 with a Gross Profit of £150,660. To working owners, Net Profit (before finance costs) could be in excess of £100,000 per annum.

This is an outstanding lifestyle opportunity, perhaps for a couple or family who could achieve a very healthy income from the shop while, at the same time, enjoying the benefits of living in such a desirable coastal location.

Property information

Property:

Freehold