- Great lifestyle opportunity for sale as a going concern
- Ground floor lock-up retail & catering business
- Profitable general store
- off licence
- confectionary & newsagents
- Selling a host of gifts
- cards and toys
- With additional café and courtyard garden seats about 43
- Includes all quality fixtures
- fittings and equipment
Retail Property (High Street) for sale in Somerset
Great lifestyle opportunity for sale as a going concern
Ground floor lock-up retail & catering business
Profitable general store, off licence, confectionary & newsagents
Selling a host of gifts, cards and toys
With additional café and courtyard garden seats about 43
Includes all quality fixtures , fittings and equipment
Ingoing price of £125,000 plus a rental price of £29,000 per annum plus additional stock at valuation
LOCATION
Located in the heart of Dulverton, this thriving business fronts three main streets and benefits from a prime location near a busy car park and the Town Hall. Dulverton is a vibrant community of independent retailers, serving both local residents and tourists who visit this charming town on the banks of the River Barle. Known as the Southern Gateway to Exmoor National Park, it attracts nature lovers and hikers year-round.
THE PROPERTY
This spacious ground floor retail outlet, approximately 1,600 sq ft, features a triple return frontage and three access doors. The shop is divided into three sections, with a central counter and kitchen. A cafe and garden are located at the rear. Additional amenities include a small private office, cloakroom, and storage area. The shop is well-equipped with quality display counters, shelving, and stands. The kitchen is due to be re-fitted in Sept 2025.
THE BUSINESS
This traditional, family-run shop, cafe, and deli offers much more. With 23 indoor and 20 outdoor covers, it trades as a general store, tobacconist, off licence, counter newsagents, and licensed café. The shop sells children's toys, stationery, books, cards, magazines, fudges, sweets, hampers, locally sourced ice creams, crafts, preserves, marmalades, pickles, craft gin, beers, and ciders. It's a treasure trove of gifts and varied stock, ensuring success. Currently open 7 days a week from 8am to 5pm, with potential to extend into the evening trade. Turnover is approximately £680,000, operated by two business partners and up to 7 staff as needed. The shop's generous size, flexibility, and scope make it ideal for introducing new ideas and product ranges. Its spacious layout and adaptable design allow for easy reconfiguration to meet evolving business needs and market trends. This ensures the shop can continually innovate and expand its offerings.
STOCK AT VALUATION
This amount will be added to the purchase price by agreement but running as a full shop at about £60,000.
SERVICES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£20,250 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
LEGAL ADVICE
We strongly recommend that a buyer/tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer/tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyers/tenant's responsibility.
Located in the centre of Dulverton at the junction of Union Street and Fore Street next to the Town Hall.
Important Information
- This is a Leasehold property.
Property Ref: 55707_COM250047
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