JD Commercial Property Directory

HUSBAND AND WIFE RUN POST OFFICE AND STORES WITHIN POPULAR VILLAGE 

• Post Office Salary £17,500 including commissions
• Shop sales producing additional net profit of £10,000
• Three bedroomed family accommodation and garden
• Same ownership for the last 14 years
• Currently trading 7 days per week, 3 half days
• Within popular North Devon village
• Situated opposite village hall, church and primary school
• Ideal husband and wife / family enterprise
• Services : Mains water, drainage and electricity

LOCATION

Abbotsham village has a population of approximately 500 and lies 2 miles west of the town of Bideford.  There is easy access on to the North Devon Link Road, A39, which is only 0.5 miles away.  As well as the Post Office and Stores, the sought after village has an established Primary and Pre-school as well as a thatched Public House at the village centre.  There is also a local tourist attraction close by know as The Big Sheep.

THE SITUATION

The property is situated on the main road running through the village, opposite the Village Hall, Church and Primary / Pre-School. 

THE PROPERTY AND CONSTRUCTION

The main two storey property is of exposed stone and brick construction, under a pitched slate roof, with a single fronted shop unit to the front, which is fitted with a Post Office Counter, counter servery as well as assorted shop display shelving, fridges, freezers etc.  The residential parts provide three bedroomed accommodation and family bathroom at first floor level, with lounge, kitchen/ diner and utility room at ground floor.  There is a detached garden with patio and lawned area as well as a separate storage and workshop building.  Our clients have owner occupied the property for the last 14 years in which time they have raised their family within the business and residential accommodation.

THE PROPOSAL

Our clients are inviting offers for the freehold interest.

THE BUSINESS

Having been within the same ownership for 14 years, the business is currently operated by a husband and wife partnership.  The Post Office derives a salary of £17,500 including commissions, with turnover from the shop last year being £63,000, with a net profit of £10,000.  Main lines that are stocked include newspapers, tobacco, groceries, cards, ice creams etc.  The operating hours for the Post Office are Monday, Tuesday, Thursday and Friday 9am – 5.30pm, Wednesday 9am – 1pm, Saturday 9am – 12, with the shop being open from 8am.  Sunday hours are 9am – noon. 

THE STOCK

Any current stock to be purchased at valuation upon completion.

THE INVENTORY

The property is sold with a comprehensive inventory of trade fixtures, fittings and equipment.

THE ACCOMMODATION (comprises)

GROUND FLOOR

POST OFFICE AND SHOP UNIT
Single fronted shop unit with window display, Post Office Counter, counter servery, electronic scales, till, chiller, fridge, strip lighting, card carousel, grocery shelving, ice cream freezer, tobacco display, security digital camera and newspaper stand

LOUNGE
15`10 x 11`10 (4.80 m x 3.60 m) Carpet, picture rail, night storage heating, exposed stonework fire place and slate hearth

KITCHEN / DINER
Eye and base units, meat slicer, vinyl floor, stainless steel single drainer sink, extractor hood, spot lighting, larder cupboard

UTILITY ROOM
Vinyl floor, cupboard storage, plumbing for washing machine, rear access

FIRST FLOOR

LANDING with carpet, loft access, sky light, storage cupboard, alarm panel

BEDROOM 1
Carpet and night storage heating

BEDROOM 2
11`5 x 10`0 (3.50 m x 3.05 m) Carpet and night storage heating

BEDROOM 3
10`5 x 9`3 (3.15 m x 2.80 m) Stripped floor boards and night storage heating

BATHROOM
3 piece bathroom, carpet, tiled walls, heated towel rail

OUTSIDE

To the rear of the property is a path allowing access to other houses within the terrace as well as leading to the garden area which is predominantly laid to lawn with floral borders, although there is an adjoining patio area laid with flagstone.  Additional outside areas including 2 x potting sheds, within the garden, as well as a storage / workshop building just off the rear path.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector.  Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike.  Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds.  Please call for more information.

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1.  The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract.  Prospective purchasers should seek their own professional advice.
2.  All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3.  No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4.  No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1.  All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full.  However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: sales@jd-commercial.co.uk