Successful Coastal East Devon Established Newsagency And Apartment For Sale

Business description

A unique opportunity to acquire one of the main Freehold retail businesses in the centre of the historic fishing village of Beer on the East Devon coast with completely refurbished 3 bed, owners accommodation on the first floor.

The Business is situated in Fore Street, the main shopping street which leads through the village to the beach and sea.

The Property is a substantial end of terrace property. A two storey building with white painted rendered elevations under a slate roof which we understand was completely renewed about 10 years ago.

Beer is a highly picturesque and sought after fishing village situated on the Jurassic Coast, a world heritage site. Close by are delightful coastal and country walks, together with a pebble beach, fishing boats and a quaint village centre with day to day facilities. It is situated about 2 miles west of Seaton and seven miles east of Sidmouth, just off the main coastal road the A3052.

THE BUSINESS
A long established very successful newsagency which was acquired in 2004 by the present owners. The retail area has been completely refurbished with the highest quality fittings and is presented in excellent order. The product lines stocked include, newspapers, a comprehensive range of magazines, confectionary, tobacco, soft drinks, stationary, greetings cards, gifts and toys. There is a full off licence and a ATM paypoint, full CCTV security system and alarm. Emergency lighting.
NATIONAL LOTTERY: The business is currently an appointed National Lottery ticket agent.

BUSINESS PREMISES: Large shop display frontage with double entrance doors and disabled ramp. Leading to shop floor area.
RETAIL SHOP: The retail shop area is approximately 780 Sqft (72.4 Sgm) and 'L' shaped. It has an excellent range of fixtures and fittings with modern slatted wall surfaces. The equipment includes an open fronted cold cabinet, two soft drink units and a free on loan milk cabinet. ATM paypoint machine.
REAR OF SHOP
OFFICE/STORE: 10'6 x 6' (3.2m x 1.83m) Fitted storage shelves. One way security window.
STORE: 13'6 x11' (4.11m x3.35m) Fitted storage shelves. Door access to hallway of private accommodation.
SMALL KITCHEN AREA: Access to safe room/tobacco room.
LICENSES: the property has a premises off license. There is a requirement for there to be a separate personal licence (licence act 2003). Prospective purchasers are advised to take appropriate advice.

Property information

Property:

Freehold

Living accommodation:

OWNER'S ACCOMMODATION The accommodation, all measurements approximate, includes: KITCHEN: 19' x 10'2 (5.79m x 3.1m ) max narrowing to 6'10 (2.08m) Comprehensively fitted with a range of matching bas and wall units with granite effect rolltop worksurface with inset 1.5 stainless steel, single bowl, single drainer sink unit with monobloc tap over. Space for fridge freezer. Space for electric cooker. Two uPVC double glazed windows to rear. Vinyl flooring. Spots to ceiling. Splashback tiling. Radiator. Space and plumbing for washing machine and dishwasher. DINING ROOM: 19'6 into bay x 9'9 (5.94m x 2.97m) Large double glazed bay uPVC window. Radiator. Telephone point. Television aerial point. Pine fireplace with inset electric coal effect fire. LOUNGE: 20'4 (6.2m) into bay x 13'5 (4.09m) Large bay window. Television point. Radiator. Mantle with open fireplace under with vent. BEDROOM: 15'3 (4.65m) x into bay 9'9 (2.97m) Large bay to front. Built-in deep wardrobes with sliding part mirror fronted doors. Radiator. Television point. HALLWAY/LANDING: Smoke detector. Access to loft (potential for conversion). Wall mounted thermostats control for central heating. Doors off to: LARGE BOILER CUPBOARD: Glowwarm Micron boiler and factory lagged water cylinder. Wall mounted cupboard with electric meters and consumer unit. Wall mounted control for central heating and hot water. hanging rail. BATHROOM: 9'4 x 6'10 (2.84m x 2.08m) uPVC obscure glazed window to side. White suite comprising Wc with concealed cistern and inset wash hand basin with cupboards under and worksurface over. 'P' shaped bath with Mira electric shower over. Radiator/towel rail. Vinyl flooring. Fully tiled. STUDY/BEDROOM 3: L shaped 9' (2.74m) x 7'6" (2.29m) min. uPVC window to side. radiator. Television point. Three steps up to: MASTER BEDROOM: 11' x 11'3 (3.35m x 3.43m ) max uPVC window to rear. Television point. Built-in wardrobes with sliding part mirrored doors. Radiator. Door to: EN-SUITE SHOWER ROOM: uPVC obscure glazed window. Fully tiled. Vinyl flooring. Pedestal wash hand basin. Close coupled WC. Shower cubicle. Extractor fan. Door to DRESSING ROOM: (currently office). uPVC window to side. Sloping floor over stairs. Shelving. Worksurface for desk. Small access to loft area. Parking for two vehicles COUNCIL TAX: Band B

Location:

Prime central village location. Only newsagents in the village.

Premises details:

The Property is a substantial end of terrace property. A two storey building with white painted rendered elevations under a slate roof which we understand was completely renewed about 10 years ago.

Business Operation

Competition / Market:

This is the only Newsagents in the village.

Reasons for selling:

The vendors wish to move back to Australia

Trading hours:

TRADING INFORMATION: The shop enjoys very good trading figures and profitibility. Accounts are available on application.
The newsagency is counter news only with no deliveries and at present is mostly run by the staff with the owners managing the business or it could equally be run as a family business.

TRADING HOURS
Easy opening hours, scope to extend trading
MON - FRI 6:45 - 5pm
SAT - 6:45 - 6pm
SUN - 6:45 - 12:00 noon, open to 4pm during summer months

Other information

Furniture / Fixtures value:

£45,000