Property Introduction

A LEASEHOLD LOCK UP SHOP PREMISES Sales Area: 300 sq ft (approx) Price to include existing business with an Off Licence and good-will, stock at valuation

Property Description

Draycott is a much favoured village located in a sheltered position just south of the Mendip Hills and within two miles of Cheddar and six miles of Wells. Facilities include First School, Church, and two local inns and is located on a regular bus service to Wells, Cheddar and Weston-Super-Mare. Bristol and Bath are within daily commuting distance and the nearest M5 motorway junction is within approximately 10 miles thus facilitating easy travel throughout the South West Region.
Bristol International Airport is within approximately 12 miles offering regular internal and continental flights.

This is a good opportunity to purchase a profitable small thriving business, having been established for many years.  Details of the trading, profit and loss accounts are available on request.

The accommodation comprises (all measurements are approximate):

Shop display front and double glass doors opening into:

SALES AREA: 23’x13’ Wood panelled ceiling with concealed ceiling lighting.  Good shop window display. Ceiling hatch to roof space. Fitted display counters, extensive shelving, 2 drinks chillers, 1 upright freezer, 1 open chillier.

POST OFFICE AREA: Oak fitted counter with fitted security screen.

SMALL REAR STOREROOM: Separate toilet facilities.  Rear exit door to:

SMALL REAR YARD: Screened by interwoven wood-lap fencing

Services include mains electricity, water and drainage.

RATES: from informal enquires to Mendip District Council Tel: 01749 343399

Description: Lock up Shop Premises
Rateable Value: £1,700
Business Rates: None payable under the Rural Settlement Relief conditions

TENURE: Leasehold

RENT:       £5,000 Per Annum (exclusive)

TERM:      A New Lease is offered over a Term of 10 years with a 5 yearly rent review.

VAT
Under the Finance Act 1989 VAT may be added to the sale price or rent quoted: we recommend that prospective buyers/lessees satisfy themselves and establish the VAT implications prior to entering into any agreement.

We are advised that the property is Leasehold – please verify with your legal representative.

All room sizes are approximate.  Electrical installations, plumbing and central heating installations, drainage installations are noted in particulars on the basis of a visual inspection only.  They have not been tested and no warranty of condition of fitness for purpose is implied by their inclusion.  Potential purchasers are warned that they must make their own enquiries as to the condition of the appliance, installation or of any element of the structure or fabric of the property.

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