Retail premises to let in Chapel Street, Georgeham EX33

£12,500 pa (£12500.00/sq. ft. pa)
Retail premises to let 1 sq. ft*
Interested in this property? Call +44 1271 618961 * or Request Details

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Property description

*Ingoing Premium of: £50,000*


Location


Located on the main through road in the sought after village of Georgeham between Croyde and Woolacombe.

The village is just inland from Putsborough Beach has two pubs, a Church and school as well as this thriving Post Office and store at the heart of the community.

Nearby is a free car park and opposite a road easy to park and call into the shop.


The property


This is a ground floor lock-up retail shop with rear hallway having cloakroom off and beyond a stock room and office.

The shop provides a depth of 32 feet and a frontage of 21 feet plus a built in secure post office counter and office behind.

The premises are fully fitted with double side central display units and wall shelving.

There are numerous refrigerated upright glass fronted units, ample shelving throughout, main post office counter and newspaper counter with magazine rack.

The shop operates as a Post Office, General Store and Off Licence.


Tenure


We have been advised by the Landlord who lives above that the premises will be offered on new lease terms (the existing lease was for 15 years) at a current passing rental of £12,500 per annum on Fri Terms.

The original start date is 1st June 2006 end ends 31st May 2021.

The incoming tenant will need to provide usual trade and bank references and meet with the Landlord for approval.


The business


This business is a vibrant village general store and Post Office operated by the proprietor and part time staff.

The business sells counter news and has a lottery as well as selling greeting cards, gifts, off licence sales, general goods, cigarettes and sweets.

Opening hours are as follows:
Monday to Friday 8am to 5.30pm, Saturday 8am to 1pm, Sunday 8am to 1pm (Mid September to Mid July)
Summer Hours: Monday to Saturday 8am to 8pm, Sunday 8am to 1pm and 4pm to 8pm (Mid July to Mid September)
Post Office Salary circa £13,892 plus turnover for year end March 2018: £211,835.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Webbers Commercial, EX31 on +44 1271 618961 * (local rate)

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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.

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