SPAR shop for sale! Owner David Bird has put the village shop on the market as a going concern at £625,000.
SPAR shop for sale
The shop and three-bedroom accommodation are currently being advertised on the Dalton Business property website.
The description reads:
“Meridian Business Sales are delighted to offer for sale this exceptional well known Spar convenience store which was established by our clients in 1958. Our clients are reluctantly offering the business to the market due to a desire to take a well deserved retirement. Since the business was established it has been run at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that they generate a respectable annual turnover which is derived from the sale of a wide variety of convenience style goods such as general food items, confectionery, toiletries, cigarettes and magazines etc. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
This superb convenience store is located in the quaint village and civil parish of Nunney which is situated 2.5 miles from Frome, Somerset.
The business is positioned on a main through road in a highly desirable trading location on a beautiful riverbank in the village centre surrounded by a wealth of residential properties which Barratts Homes is currently in the process of the application for 100 more houses, also the business is surrounded by parking facilities which are all beneficial for the business as it generates much of its trade especially off local residents and all the surrounding villages with no shops.
The village holds many attractions and leisure facilities in and around which attracts tourists from all over the country such as; The Nunney & District Flower Show which is an annual event in the village and the picturesque Nunney Castle, also an Annual Street Fayre which attracts around 10,000 people. The near by towns and villages include Whatley, Chantry and Coleford which are all in close proximity, also Frome which is 2.5 miles away. The village is easily reached via the A361 giving easy access to tourists and visitors.
Monday: 7:00am – 1:00pm Tuesday: 7:00am – 1:00pm // 2:00pm – 5:30pm Wednesday: 7:00am – 1:00pm // 2:00pm –5:30pm Thursday: 7:00am – 1:00pm // 2:00pm – 5:30pm Friday: 7:00am – 1:00pm // 2:00pm – 5:30pm Saturday: 7:00am – 1:00pm // 2:00pm – 5:00pm Sunday: Closed
Well presented and well signed detached property, briefly comprising: GROUND FLOOR Secure entrance leading to: Open plan shop area Various product displays Stock racking/shelving Serving/payment counter Cash register Chilled food area Drinks fridge Freezer REAR Large storage/stock room Toilet facilities FIRST FLOOR Self contained flat: 3x double bedroom Fully fitted kitchen Dining space Lounge Bathroom 12 x 40 ft roof top terrace EXTERNAL Parking facilities.”
If the property can’t be sold as a going concern at the current asking price, it is possible that it will be converted to residential and that Nunney will lose its only convenience store.
Facilities sich as the village store were previously quoted by Barratt Homes as a key argument why Nunney was a viable location for new housing development.
The village lost its Post Office a nunber of years ago in a similar fashion, after it had been advertised as a going concern for a while and apparently no serious buyer came forward to keep the Post Office going.
For the full description, go to http://m.daltonsbusiness.com/convenience-stores-for-sale/long-established-spar-convenience-store-frome-somerset-uk/365965.