Sold

General Store, Post Office & Tea Room Roxwell

Chelmsford, Essex

£74,995 +SAV

Ref: 14271 J

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Description

Hilton Smythe welcomes to the market The Roxwell Village Store, which is also the local Post Office and tea room. The business was taken over by our clients early 2016, they are now selling due to other business commitments. The business is the village general store, which also has a tea room and is the local Post Office. Having been fully refurbished at the start of 2016 and extended to the rear in the form of a conservatory for the tea room, the business attracts a great deal of footfall from local customers and visitors to the area. The store currently offers milk and other dairy products, fresh bread, pastries, fruit and vegetables, newspapers, frozen food, soft drinks, ice creams, cards, pet food, alcohol, tobacco products, hygiene products and much more. The Post Office side has varied services available, this includes; withdrawing cash, pay cash and cheques into bank accounts, Moneygram service, order and collect foreign currency, pay bills, top up service and mobile phone top ups. The tea room has proven very popular and offers an excellent array of dishes, some of which include jacket potatoes, hot breakfasts, paninis, sandwiches, salads, afternoon teas, as well as a range of desserts and hot and cold drinks. There is an area to the rear, which could be tarmacked in order to give outside space for the tea room, this leads to a lawned area of approximately 15m x 15m which could also be used for external seating. There is a Facebook page with a 5* rating. The page is kept well up to date, with regular posts of the menu, new produce and pictures. Social media is a great way to attract new and repeat custom. A loyalty card is also available for the tea room, this allows for a generous amount of repeat loyal trade. There is also a two bedroom flat included in the sale. Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a leasehold business opportunity. Original lease length: 12 years.Remaining lease length: 11 years as of 2017. Rent: £9,000 per annum.

Hours

The business opening hours: Monday-Saturday: 7am – 8pmSunday: 7am – 4pm

Staff

The business is run and managed by our client, with the help of 3 part time members of staff.

Financial Profile

The Roxwell Village Store & Tearoom generated an advised turnover of circa £175,000 as of the 2017 accounts.

Location

The Roxwell Village Store is located in the village of Roxwell approximately 4 miles outside of the county town of Chelmsford, Essex. The village has a population of 1,044 according to the 2011 census and has no other multi-facet shops like this one. There is free on road parking outside the premises.

Premises

The premise is entered directly off the main road. To the left is a soft seating area for 6 to enjoy a relaxed coffee etc. The main counter area has a marble worktop, hot food display, till, and access to the Post Office safe. The main village store has double display fridge, 2 display freezers, shelving for stock, bread counter and further freestanding storage for food. Off the main area is the kitchen with griddle and industrial extractor over, dishwasher, microwave and sink. The tea room area has the main serving area with marble work top, coffee machine, bread oven, display fridge and door to the seating area with seating for 10 on 3 tables, door to WC and door to outside. Outside, the initial area can be made into seating for the tea room. This area has access to the outside storeroom and to the rear garden area which could also be used for the tea room. Store room is a large room with 3 chest freezers, 2 fridges and storage shelving. The shop has air conditioning and a CCTV system fitted. Flat has two bedrooms, lounge, kitchen and bathroom and is currently tenanted on a rolling tenancy at £750 PCM; this covers the whole premise rent.

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