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Well established and profitable village store, post office and coffee shop
Turnover y/e 31/07/2017 of £281,664 with an anual post office salary of £3,722
Enviable village location
Viewing highly recommended
Reference - 46732
Description Yetholm Village Shop is an extremely well run business that has been operated by the current proprietors since 2005 and has been placed on the market due to the current vendors wish to now retire.
The business trades throughout the year, and offers an excellent range of general groceries, post office services along with a coffee shop with 14 covers.
The business enjoys much repeat custom, particularly due to its excellent reputation and extensive range of produce and being the only shop in the village.
Yetholm is a thriving rural community situated at the end of the Pennine, with an excellent range of services available locally.
The store sits prominently on the main street within the village. There is ample free on street parking surrounding the property.
Accounts Current shop sales average at approximately £281,000 per annum with an annual post office income of approximately £3,722.
Current records and accounts can be inspected when viewing.
Staff The business is managed by the owners with a team of full and part time members of staff.
Building External The business trades from a terraced two storey property. The front of the property is straight to the street with ample on street parking surrounding the business.
Building Internal The main entrance is from the front which in turn leads to the main shop floor and storage area to the rear with the shop counter located to the right upon entering.
The sales floor is well presented with a good combination of island shelving units and wall mounted displays.
The business also benefits from having CCTV and a full epos system.
The coffee shop is located on the upper floor with 14 covers. This area has its own kitchen/prep area as well as WC facilities.
Residential Accomodation There is no residential accommodation for owners/management available.
Tenure We are advised that the property is held on a freehold basis.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary The sale of Yetholm Store offers a rare opportunity to purchase a high quality, profitable business which is trading well yet maintains potential for expansion. A viewing is highly recommended.
For more information about this property, please contact Bruce & Company, EH12 on +44 131 268 9615 * (local rate)
Contact Bruce & Company about this property
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