Last updated: Mon 4 Dec 2017

For sale: SPAR, Market Place

The SPAR village shop in the Market Place is currently for sale as a going concern at £550,000, including owner’s accommodation.

SPAR shop Nunney

The freehold property comprises of a SPAR retail store on the ground floor with 3-bedroom residential accommodation on the first floor.

It is positioned next to the Nunney Brook waterway in the centre of the village, with impressive views over the village’s bridge, castle and brook.

Outside of the property, there are approximately 10 free parking spaces which can be used by customers.

Location

The store is located in the centre of the idyllic historic village of Nunney in Somerset, which is the home of Nunney Castle, a medieval castle constructed in the 14th century. The castle attracts tourists all year round.

Other attractions include The Nunney & District Flower Show and the annual Street Fayre which attracts thousands of visitors each year.

Located approximately three miles from Frome and approximately 16 miles from Bath, the store has excellent transport links close by, with the A361 less than one mile away.

Residential housing surrounds the store and nearby is the iconic George at Nunney Inn, a mid-18th century public house.

The business has a wide catchment area, attracting customers from Nunney and neighbouring villages. There is a highly regarded primary school located in the village, which became an academy school in 2016.

Internal details

The retail area measures approximately 1,100 sq ft which includes: cigarette gantry, confectionery stands, shelving for confectionery goods and groceries, ice cream and frozen goods freezers, upright chillers and alcohol displays.

To the rear of the shop is doorway access through to a good-sized stock room, office area and staff toilets.

There is the potential to knock through the partitioned wall separating the shop and stock room in order to extend the retail area.

There is direct rear access into the store room for delivery purposes from the roadside.

Owner’s accommodation

Above the shop is a three double bedroom flat, with separate access up a staircase to the side of the building. Alongside a sizeable fully fitted kitchen is the living room area.

The accommodation offers a south facing, outside decking area described as a sun trap by our clients, which has provided our clients with many years of enjoyment.

The opportunity

S Bird & Sons has been a family run business since 1922 and our clients are reluctantly selling in order to retire.

This provides a purchaser an opportunity to acquire a well-established business with the possibility of increasing profits by increasing the retail space by improving and updating the layout and extending opening hours.

Staff

The only members of staff are the two owners, so it would suit a family looking to relocate to this idyllic setting.

Trading information

Profit and loss accounts for the year ending 28 February 2017 show that the store is providing the owners with an annual turnover of £227,346, producing a gross profit of £52,210 and a net profit of £35,519.

The full accounts for the year ending February 2017 can be provided upon request.

Trading hours
Monday: 7am – 1pm
Tuesday – Friday: 7am – 5:30pm
Saturday: 7am – 4:30pm
Sunday: CLOSED

Regulatory
Premises Licence

This property is currently on the market at £550,000. Full details are available on Rightmove.

To view this property or request more details, contact Christie & Co, Embassy House Queens Avenue, Clifton, Bristol BS8 1SB, telephone 0117 407 0138.

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