3 Bedrooms End terrace house for sale in Turvey, Bedfordshire MK43 | £ 134,999
Overview
| Price: | £ 134,999 |
|---|---|
| Contract type: | For Sale |
| Type: | End terrace house |
| County: | Bedfordshire |
| Town: | Bedford |
| Postcode: | MK43 |
| Address: | Turvey, Bedfordshire MK43 |
| Bathrooms: | 1 |
| Bedrooms: | 3 |
Property Description
Reference - 46028
Description
This is an exciting opportunity to acquire a well established post office and convenience store situated in a small, quaint village on the outskirts of Bedford, Bedfordshire. Turvey is a village on the River Great Ouse about 6 miles west of Bedford. The village is situated on the A428 between Bedford and Northampton, close to the border with Buckinghamshire making London easily accessible.
Turvey corner stores and post office has been owned by the same family since 2011 and is only being offered for sale due to retirement. During the current ownership, the business has forged strong links with the local community and therefore, boasts an extensive and loyal customer base, along with heavy footfall on a daily basis.
The business trades from a substantial Grade II Listed property on the main road through the village, which is a well populated residential area. The convenience store provides a good selection of everyday goods including tobacco, beers, wines, spirits, dairy products, dry goods, freshly baked bread, cakes, household goods, newspapers, magazines and frozen foods, with many stock lines sourced locally.
The post office was converted to a local plus outlet in 2016 when the shop underwent a complete refurbishment, it is therefore presented in good condition throughout. In our opinion, this store represents an excellent opportunity to acquire a lifestyle business with genuine potential to increase income by extending the current limited trading hours, which are done through choice.
Sales
The current retail sales average is £7,000 per week with good gp margins.
Post Office Salary
The post office income is approximatley £13,000 per annum.
Accounts
The business’ current records and accounts can be inspected when viewing.
Trading Hours
Monday to Saturday 07:00 – 18:00
Sunday 08:00 to 14:00
Staff
The shop is currently run and managed by the owner’s, along with 2-part time members of staff.
Building External
The shop operates from a grade II listed property, occupying a commanding corner plot position with good roadside signage.
Building Internal
The store provides a welcoming, light and airy feel when entering from the street due to the refurbishment in 2016. The shop consists of a single retail till, plus a single post office combi till. The retail area is mainly open plan in design and stocks a good selection of everyday goods, as well as pre-packed sandwiches, which are made locally each day. Beers, wines and spirits are displayed on good quality bespoke wooden shelving. To the rear of the store is a large selection of greeting cards and stationary.
Residential Accomodation
There is an excellent owner’s accommodation included within the sale, which is set out over two floors and consists of two/three double bedrooms on the first floor, along with a large bathroom comprising a panel enclosed bath with shower over, pedestal mounted hand basin and WC.
The current owners use what would be a bedroom as an upstairs living room which has a front aspect window and feature fire place. The master bedroom has a picture window and built in wardrobes.
The ground floor private accommodation is accessed via the shop floor and consists of a good-sized dining room with a front aspect bay window, feature fireplace, beamed ceiling and stairs to first floor landing.
A kitchen with a front aspect window, range of base and eye level wall mounted units, part tiled walls plus space for fridge/freezer and cooker.
A TV room, with side a aspect window and French doors, feature fire place with inset wood burner.
A utility room, with quarry tiled floor, butler sink, plumbing and space for washing machine, tumble dryer and dish washer. Door to garden.
An enclosed rear garden, which had astro laid in 2016 thus making it child and dog friendly in all weathers. The remainder of the garden has a mix of mature trees and shrubs, along with a paved patio area and staff WC.
Tenure
We are advised that the property is held on an 8-year lease, which commenced in September 2017 with a rent £950.00 per calendar month. Rent reviews are every 3 years.
(Correct as of December 2017).
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary
An exciting opportunity to acquire this well used and well-established Post Office and convenience store, situated in a popular Bedfordshire village.
A viewing is highly recommended to fully appreciate the size of the owner’s accommodation along with the location, condition of the shop and overall business opportunity.
Property Location
Property Marketed by Kings Business Transfer
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