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Retail Premises For Sale

EXETER, Devon, United Kingdom

Financials

Asking price: £200 < 500k

Sales revenue: £200k < 500k

Net profit: Undisclosed

Fixtures value: £25,000

Stock value: £8,000

 

Business description
Lovely central village location ideal family run business , large 4 bedroom attached house ,plus 2 bedroom Cottage at present used as store rooms easily converted back to cottage. Large gardens huge potential for developing property to secure additional rental income or profit from selling as 3 seperate propertys.
OFFERS OVER £450,000 CONSIDERED

Years established: over 80 years

Employees: 0

Trading hours: 7-30am to 6-00pm

Property: Freehold


Living accomodation
HOUSE HAS 4 LARGE BEDROOMS LARGE LOUNGE ROOM VERY LARGE KITCHEN DINER FULLY FITTED UTILITY ROOM MODERN BATHROOM WITH WHIRLPOOL BATH MASTER BEDROOM HAS SHOWER AND FITTED WARDROBES LARGE EXTENSIVE REAR GARDENS OTHER ACCOMODATION SUBJECT TO PLANNING APPROVAL converting store rooms back to a two bedroom cottage to rent out or sell. Photos sent on request.

Location
The shop is located in the centre of this picturesque village midway between Exeter and Honiton which is a very much sought after residential area with close by railway station and school and easy access to the M5. The village has two public houses,post office ,vetinary surgery, health centre, scout group, village hall, cricket & football clubs, day nursery centre, heritage centre.

Expansion potential
Property needs to be viewed to assess the possibilitys of the huge potential this site has to offer the astute purchaser. Site is made up of three properties which could be divided and sold seperately subject to planning or changed in many other ways to release the full potential this site has to offer. Being in the centre of the village helps to push values up higher.The other alternative would be to rent out the shop.To divide building into two sections does not require planning permission.I have letter from council to this affect.

Competition / Market
none close by has monopoly for village

Support & training
two weeks to help out if required to settle in.

Reasons for selling
to follow other business intrests


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