This property is no longer on the market
Shop
Property description & features
- Tenure: Freehold
- Large village post office and general stores
- Close to the coast in West Somerset
- Well cared for 5 bedroom house
- Oil central heating
- Triple glazing
- Rear garden
- Nice lifestyle business
- Services: All mains connected
In a desirable village location just off the A39 North of Bridgwater. Combwich is a village in the parish of Otterhampton within the Sedgemoor district of Somerset, between Bridgwater and the Steart Peninsula. The village lies on Combwich Reach as the River Parrett flows to the sea and was the site of an ancient ferry crossing. Combwich, pronounced 'Cummidge', derives its name from the legend surrounding Dame Withycombe, a witch by repute, who lived in a cottage near the village, from whom it became known as 'Combe of the Witch'.
THE PROPERTY
A surprisingly spacious 5 bedroom mid terraced family home which has been much improved over the last 25 years of ownership. The property benefits from triple glazing, a large shop circa 500 sq ft, stock room and private lounge as well as kitchen and utility room on the ground floor. There are 5 bedrooms and a large bathroom/WC upstairs. The property has oil fired radiator central heating. To the rear is a small yard and steps to a gently sloping lawned garden. There is ample off road public parking is the layby opposite.
THE BUSINESS
Operated by a husband and wife team and now for sale due to retirement after 25 happy years.
This is a community Post Office with a salary of £19,000 per annum and the shop takings are around £140,000 per annum. The adjusted net profit is in the region of £38,000 per annum.
Details of accounts available once a viewing has taken place, subject to the vendors’ permission. Please note any ingoing purchaser will need to apply to the Post Office to become postmaster.
AGENTS NOTE
The premises may revert to any other shop use such as antiques or possibly catering subject to any planning permissions required. Alternatively the property could revert back to residential use again, subject to planning. There is a small area of flying freehold as the ground floor stock room hallway is below the adjoining property.
Rooms
GROUND FLOOR
SHOP 9.3m x 4.57m
Deep shop with counter servery, range of shelving and secure post office counter.
INNER HALLWAY
STOCK ROOM
This runs the length of the shop front to rear with doors front and rear (this is a small flying freehold of the adjoining property).
PRIVATE ACCOMMODATION
PORCH
HALLWAY
LOUNGE 4.4m x 4.1m
With attractive fireplace with fitted electric fire.
KITCHEN 4.47m x 3.5m
UTILITY ROOM 3.86m x 4.17m
With sink unit and plumbing for washing machine.
CLOAKROOM
FIRST FLOOR
BATHROOM/WC
With five piece suite.
BEDROOM ONE/LOUNGE 5.72m x 4.01m
BEDROOM TWO 4.6m x 3.48m
BEDROOM THREE 4.5m x 3.48m
BEDROOM FOUR/OFFICE 3.48m x 3.18m
BEDROOM FIVE 3.28m x 3.25m
OUTSIDE
The property has a small forecourt area for storage of recycle bins.
To the rear is a concrete yard with former hot tub now a fish pond. Steps lead up to a gently sloping rear lawn garden with central path and garden store shed.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£3,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
COUNCIL TAX BAND
A
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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