* Calls to this number will be recorded for quality, compliance and training purposes.
**Ingoing Premium of: £35,000 + £11,000 Rental Per Annum**
In a prime tourist trading position, this Londis General Store is located on Nelson Road, on the main through route in the popular seaside village of Westward Ho!
Nearby traders include a bakers next door, an estate agents, a financial services office and a stationery/cards & gift shop, opposite is the North Devon Cancer Care Centre charity shop.
The property is ideally placed for local trade with part-restricted short term stopping space outside on the main road and is within a short walk of the Westward Ho! Surfing beach and the village green.
The resort has developed over the last decade with numerous brand new blocks of apartments being sold to buyers from out of the area as holiday homes and retirement homes which is boosting the population of the village which now supports two other general stores.
The Londis general store called Ho! Village Stores has great potential to develop further business activity with the potential for a food to go range, more licence sales and potentially to sell more healthy food.
The nearby commercial centre of Bideford is approximately 3 miles away and also close are the villages of Northam and the fishing village of Appledore.
The premises comprise of an l-shaped retail space offered as a lock up shop of approximately 1,000 sq ft with a small office/store room and rear access to inner hallway with a chiller room off and cloakroom. There is a large forecourt outside for display of goods if required.
A commercial property lease is available at a current rental of £11,000 per annum which expires in the year 2023 plus an ingoing premium of: £35,000.
Currently trading 7 days a week, 8am - 6.30pm Monday - Saturday and Sundays open 8am - 5pm and under the personal supervision of the proprietors a couple with two part-time members of staff manning the post office counter.
The business is that of busy general store, off-licence, counter newsagents, tobacconist and confectionary shop.
Also with the benefit of a lottery machine and lottery sales, selling cards and post office counter boosting the income.
The takings from the shop have the potential to be: £7,000 per week.
We understand the community post office commission is in the region of £17,000 per annum.
This is a fine lock-up business in a prime tourist trading position with further potential.
Stock at valuation to be purchased on top of the price running at about £20,000.
All shop fittings included, coffee machine on rental.
For more information about this property, please contact Webbers Commercial, EX31 on +44 1271 618961 * (local rate)
Contact Webbers Commercial about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Webbers Commercial, and do not constitute property particulars. Please contact Webbers Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.