chain free properties
- Guide Price of £895,000
- House
- 3 bedrooms, 2 reception rooms, 1 bathroom
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0843 363 7071 (BT 4p/min) -
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ECR Properties
2 The Stable Yard, Moat Farm, Middlewood Green, Stowmarket, IP14 5HG
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Yoxford Antique Centre is a unique property with a three bedroom cottage and an established business, with scope to be developed, set in grounds exceeding 15 acres (stms), located near the Suffolk Heritage Coast.
Antique Centre approximately 5000 sq ft workshop and store 3000 sq ft, car park, gardens and paddocks extending to circa 5.87 ha (14.5 acres) stms.
An attractive 3 bed detached cottage style house set in private gardens extending to approximately 1.42 ha (3.5 acres) stms with gravelled parking area.
Located in sought after Suffolk Coastal village.
The Business
Ground Floor Showroom Approximately 5000 sq ft. Solspan construction, carpeted and arranged to provide a reception area with customer seating, coffee facilities, counter unit and computer system for point of sale transactions and dealers records. The sales are is equipped with 11 lockable illuminated floor standing showcases, track lighting system, CCTV and redcare alarm systems. Disabled access.
Customer toilets Including baby changing and disabled facilities.
Fitted commercial kitchen With non-slip flooring.
Workshop & Storage Approximately 1500 sq ft housing oil fired boiler.
Timber framed store 1500 sq ft (in need of complete refurbishment). We are advised this area has A3 restaurant use and A1 retail usage passed.
It is understood the Vendors occupy approximately 1000 sq ft of the sales area and the remainder is let to Antique dealers.
External Sales Area Gravelled retail area behind approximately 6000 sq ft currently not developed, however used by the former owners for a display area for bedding plants, shrubs etc.
Other suitable uses could be a farmers market, fair etc.
Car Park To the front of the showroom which we are advised can accommodate around 60-80 cars and is laid to shingle.
Paddocks Approximately 3.24 ha (8 acres) of fenced paddocks with automatic water dispensers and a field shelter.
Garden Approximately 0.81 ha (2 acres).
Living Accommodation Comprising an attractive 1980's built 3 bed detached cottage style house set in private gardens extending to approximately 1.42 ha (3.5 acres) with gravelled private parking area.
The accommodation is well maintained and benefits from heating via night storage heaters and comprises:
Utility area
Hall With half glazed entrance door, stairs to first floor with cupboard under, door to;
Kitchen Large room with painted oak eye and base level units, stainless steel double drainer sink, windows to the side and rear elevations, archway leading to;
Dining Room With bay window to front elevation.
Living Room A good size room with Georgian style window to the rear, French doors to the garden, attractive open fireplace.
Bed 3/Study A single room with Georgian style window to front elevation.
First Floor landing with doors to;
Bed 1 Double room with window to rear.
Bed 2 Double room with window to rear.
Bathroom Panelled bath, vanity wash basin, low level wc, separate shower cubicle with glass surround.
Outside Front and rear gardens beautifully landscaped with mature conifers, herbaceous borders shrubs and large fishpond.
Trading hours Monday to Saturday 10am - 5pm
Sunday 10am - 4pm
Tuesday Closed all day
Staff The owners each work 2 days a week on the shop floor and a further 1 day a week on administration and general duties. 3 members of staff are employed working a combined 8 days between them. 2 further days a week are covered by the dealers. A gardener is employed for 10 hours a week.
Financial Information For the financial year ended 31st March 2009 the business produced the following income.
Rental income and administration charges from dealers £117,305
Sale of Shire books, waxes, cleaners etc £ 4,169
Totalling £121,474
Less expenses £ 53,877
Pre tax profit of circa £ 87,000
including income from the proprietors own antique business they run from the centre.
Turnover for 2007/2008 was circa £400,000
Note In addition to the above income the proprietors run their own antique business from the centre which produce them further personal income that can be verified by accounts and self assessment tax returns.
Tenure We are advised the entire site is freehold and that the residential and commercial elements are held upon separate titles.
Easements/Rights of Way As far as we are aware there are no easements of rights of way affecting the property.
Rates The Antique Centre is subject to business rates and any enquiries should be made to Suffolk Coastal District Council rating department.
Summary A rare opportunity to acquire this type of business that trades from a very well know site and has been extensively advertised over the past 5 years of trading. The business was established by the current owners in 2003 after converting the premises from a garden centre.
Considerable further potential is available to develop the unused timber frame area unto a restaurant/tea rooms and to let the external sales area and paddocks for a visitor centre, weddings, caravans or holiday cabins (subject to planning).
Antique Centre approximately 5000 sq ft workshop and store 3000 sq ft, car park, gardens and paddocks extending to circa 5.87 ha (14.5 acres) stms.
An attractive 3 bed detached cottage style house set in private gardens extending to approximately 1.42 ha (3.5 acres) stms with gravelled parking area.
Located in sought after Suffolk Coastal village.
The Business
Ground Floor Showroom Approximately 5000 sq ft. Solspan construction, carpeted and arranged to provide a reception area with customer seating, coffee facilities, counter unit and computer system for point of sale transactions and dealers records. The sales are is equipped with 11 lockable illuminated floor standing showcases, track lighting system, CCTV and redcare alarm systems. Disabled access.
Customer toilets Including baby changing and disabled facilities.
Fitted commercial kitchen With non-slip flooring.
Workshop & Storage Approximately 1500 sq ft housing oil fired boiler.
Timber framed store 1500 sq ft (in need of complete refurbishment). We are advised this area has A3 restaurant use and A1 retail usage passed.
It is understood the Vendors occupy approximately 1000 sq ft of the sales area and the remainder is let to Antique dealers.
External Sales Area Gravelled retail area behind approximately 6000 sq ft currently not developed, however used by the former owners for a display area for bedding plants, shrubs etc.
Other suitable uses could be a farmers market, fair etc.
Car Park To the front of the showroom which we are advised can accommodate around 60-80 cars and is laid to shingle.
Paddocks Approximately 3.24 ha (8 acres) of fenced paddocks with automatic water dispensers and a field shelter.
Garden Approximately 0.81 ha (2 acres).
Living Accommodation Comprising an attractive 1980's built 3 bed detached cottage style house set in private gardens extending to approximately 1.42 ha (3.5 acres) with gravelled private parking area.
The accommodation is well maintained and benefits from heating via night storage heaters and comprises:
Utility area
Hall With half glazed entrance door, stairs to first floor with cupboard under, door to;
Kitchen Large room with painted oak eye and base level units, stainless steel double drainer sink, windows to the side and rear elevations, archway leading to;
Dining Room With bay window to front elevation.
Living Room A good size room with Georgian style window to the rear, French doors to the garden, attractive open fireplace.
Bed 3/Study A single room with Georgian style window to front elevation.
First Floor landing with doors to;
Bed 1 Double room with window to rear.
Bed 2 Double room with window to rear.
Bathroom Panelled bath, vanity wash basin, low level wc, separate shower cubicle with glass surround.
Outside Front and rear gardens beautifully landscaped with mature conifers, herbaceous borders shrubs and large fishpond.
Trading hours Monday to Saturday 10am - 5pm
Sunday 10am - 4pm
Tuesday Closed all day
Staff The owners each work 2 days a week on the shop floor and a further 1 day a week on administration and general duties. 3 members of staff are employed working a combined 8 days between them. 2 further days a week are covered by the dealers. A gardener is employed for 10 hours a week.
Financial Information For the financial year ended 31st March 2009 the business produced the following income.
Rental income and administration charges from dealers £117,305
Sale of Shire books, waxes, cleaners etc £ 4,169
Totalling £121,474
Less expenses £ 53,877
Pre tax profit of circa £ 87,000
including income from the proprietors own antique business they run from the centre.
Turnover for 2007/2008 was circa £400,000
Note In addition to the above income the proprietors run their own antique business from the centre which produce them further personal income that can be verified by accounts and self assessment tax returns.
Tenure We are advised the entire site is freehold and that the residential and commercial elements are held upon separate titles.
Easements/Rights of Way As far as we are aware there are no easements of rights of way affecting the property.
Rates The Antique Centre is subject to business rates and any enquiries should be made to Suffolk Coastal District Council rating department.
Summary A rare opportunity to acquire this type of business that trades from a very well know site and has been extensively advertised over the past 5 years of trading. The business was established by the current owners in 2003 after converting the premises from a garden centre.
Considerable further potential is available to develop the unused timber frame area unto a restaurant/tea rooms and to let the external sales area and paddocks for a visitor centre, weddings, caravans or holiday cabins (subject to planning).
property reference: ECRP999000587
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