Advert Ref: R.4.270.SNC

Suffolk Village Store With 4 Bedroom Period Cottage For Sale

  • Suffolk, United Kingdom
Asking price:
£270,000
Sales revenue:
£160,400
Net profit:
Undisclosed
Years established:
Well established shop that was refurbished and re-opened by the present owner in 2008.
Employees:
The business is currently run by the working owner who is only able to work part time hours and 3 part time staff members.


The business is a traditional style village shop that is very well supported by the local community and provides a range of convenience foods, groceries, frozen foods, dairy products, fresh and frozen vegetables, fruit, household items, hardware products, personal care items, bread and cakes, milk, cold meats, confectionery, cold drinks, pet food, cards, snacks including hot pies and pasties, counter news and magazines. There is also a selection of wines and beers and DVD rentals and an internet point for customer use. The shop is currently operating 2 paper rounds with the weekly news bill being approx. £450. The shop sales area is approximately 455 sq ft (42.27 sq m) plus a stock room and staff WC and has timber shelving and display units. Full details of cottage and shop available with photographs on request.

Property:
Freehold
Living accomodation:
This lovely semi-detached period cottage provides spacious family accommodation over three floors with gardens front and back. The ground floor consists of a lounge, dining room, kitchen and cloakroom. First floor has bedroom 1 with en-suite shower, 2 further bedrooms, a family bathroom and a laundry room. There is a fourth bedroom on the second floor. The garden to the rear of the property is enclosed by hedging and contains a terraced patio with rockery and a raised lawn area. The front garden is bounded by a conifer hedge and is mainly laid to lawn with a vegetable plot at the end. To the front and separate from the house is a brick built garage with adjacent parking space and behind a storage shed with access from the garden.
Location:
Situated in a prominent corner position in a lovely Suffolk village approximately 4 miles north of Bungay.

Expansion potential:
In the relatively short time since opening the business has very quickly reached sales of £160,000 a year and proved the validity of the need for such a shop. However, the owner has been unable to work full time in the business and devote the time to developing the shop further. The present owner feels very strongly that in the right hands the shops full potential can be realised.
Reasons for selling:
The sale is due to ill health of the owner.
Trading hours:
Monday to Saturday inclusive 7am to 8pm. Sunday 8am to 6pm.
Fixtures value:
Undisclosed
Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, click on the button below.