Croyde, BRAUNTON, Devon
This is a post office business, opening four days and two half days a week. The post office salary is approximately ?18,000. There is an additional turnover of ?26,000 which they achieve by selling staionary, cards, books, etc.
Located in the popular holiday village of Croyde, it is close to all other local amenities, including: main car park, general store, public houses and restaurants. Potential to increase trade by extended days of opening.
LOCATION
Croyde is a popular holiday village located on the North Devon coast approximately 5 miles north of Braunton. With the parish of Georgeham the village has a population of approximately 1500, which increases consiberably with the influx of visitors.
THE SITUATION
The property is loacted in the heart of the village close to the main car park, general store, public houses and restaurants. There is a high level of captive trade from assorted self catering, hotels and two main holiday centres in the local area. Croyde is also well known within the surfing community.
THE PROPERTY & CONSTRUCTION
Being a ground floor lock-up single fronted shop unit. The main service area leads to the post office counter with rear office and entrance. Outside there is an owners parking space within the demise and patrons parking to the front of the property.
THE PROPOSAL
Our clients are inviting offers for the leasehold interest.
THE BUSINESS
The business is currently run by a husband and wife partnership with a post office salary of approximately ?18,000 including commissions. The business is currently traded four days a week 9:00 am - 5:00 pm with two half days 9:00 am - 12:30 pm. As well as post office services, the property sells stationary, cards, books, etc. which currently produces an additional turnover of ?26,000. The business is also a Euro Holding branch.
THE LEASE
Being an assignment of an existing 15 year lease (from 1998) which we understand the current rent is ?3,500 per annum held within the Landlord and Tenant Act giving the tenant the right to renew the lease at the end of the term.
THE STOCK
Any current stock to be purchased at valuation upon completion.
THE INVENTORY
The property is sold with an inventory of trade fixtures, fittings and equipment.
THE ACCOMMODATION
SINGLE FRONTED SHOP UNIT
7.70m x 6.40m (25' 3" x 21' ) Carpet, strip lighting, central sales gondoliers, card racks, cash machine, book self, security screen with two service points, night storage heater, Horizon touch screen system, scales, burglar alarm.
REAR OFFICE & ENTRANCE
3.70m x 2.75m (12' 2" x 9' 0")
DISCLAIMER:
The Property Race Limited makes no warranty as to the accuracy of the advertisement. The Property Race Limited has no control over the content. The information is provided and maintained by John Smale & Co whose contact details are provided.