Scenic Village Supermarket, Post Office, and 4-Bedroom House in Hemyock, Devon
Hemyock, Devon
- Status
FOR SALE
- Advert ID
616567
- Freehold: £769,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- High Turnover
- With Car Park
- Retirement Sale
- Accounts Available
- Established Business
- Attractive Business
- Prime Location
Business Details
SuperMarket with Post office and 4 Bed House,conservatory ,Twin garge In a Scenic Village Hemyock
Post Office with Supermarket in a Scenic village for sale in Hemyock Devon/Somerset with 4 Bed Accommodation
This successful business has been thriving for almost 20 years, serving as a stable hub in the heart of the village. The shop and Post Office hold a prime position on the main road, ensuring visibility and easy access for locals and visitors alike. Shop floor area excess of 1000sq feet.
Competitively priced, this property is guided at £399,000 for the residential home, and £390,000 for the business dwelling. This business is ideally suited for a family to run. Offering an attractive freehold price of £769,000, the current turnover stands at an impressive £580,000. Furthermore, there are additional earnings to be made from the Post Office Commission, ranging anywhere between £1600 and £2300 per month.
The property also boasts a sizeable 4 bedroom accommodation in its compound, complete with a conservatory and a cinema room. The shop benefits from 3 attached storage rooms.
Noting a comfortable living and working space. With the added advantage of little to no competition locally,this venture promises a lucrative business opportunity.
Included in the sale are all fixtures and fittings of the shop. The existing stock is subjected to valuation. Importantly, the turnover has seen a marked increase over the past year, painting an optimistic picture for the new owner.
This sale arises due to the retirement of the current owner. Operating timings are from 7 am to 6 pm, with reduced hours on Sundays from 8 am to 1 pm. The business operates 4 small paper rounds and employs 2 part-time besides the owner. For any potential buyers unfamiliar with the trade, Training opportunities will be made available by the current owner to ensure a smooth transition. Interested parties seeking detailed information about this business opportunity are encouraged to contact me.
The accommodation section of the property can be reconfigured as a House Multiple occupation(HMO) or an airbnb,potentially generating additional further income of £42,000
anually.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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