A well established wine merchant and adjoining Grade II Listed residence with a vast, loyal customer base

Location
Great Horkesley Wine Centre is located on the Causeway in Great Horkesley, which is a desirable village set just a few miles north of Colchester on the A134 Essex/Suffolk border and is surrounded by a number of affluent villages. It has easy access to the A12 and is a mature commuter belt to London. Colchester is the fastest growing town in the UK with extensive new development surrounding Great Horkesley.

Description
Great Horkesley Wine Centre has been established as a wine merchant for 57 years. The trade is 100% retail offering some 500 wines, the full drinks complement, deli food, hampers and events. It is a pro table business which has great potential for growth, especially internet sales and trade sales. It is accompanied by a Grade II Listed four-bedroom country home with mature gardens and paddock to the rear with possibilities for development.

Internal Details
"The Shop"
The Wine Centre The business side of the premises is located on the left - hand side of the property and comprises; store frontage, which is believed to date back 100 years and is of timber construction, with doorway leading into the Deli and Wine offering. Above the main store is office space and stock room. The rear of the business has a large warehouse and stock room which is conveniently accessible from a separate gate to the front. There is also a customer toilet facility which is used when wine tasting evenings are conducted.

The House
"Gardenhurst" The adjoining residential accommodation is a charming Grade II Listed building with original Georgian features. The accommodation is made up over two floors. The ground floor, on the left -side, adjoins the shop and is currently being used by the owners to trade ladies' fashion, jewellery, handbags and toiletries. A new owner could easily return these rooms to the house as a lounge and study. On the right-side of the ground floor there is the main reception (lounge/diner), adjoining kitchen, utilities room, shower room and garden porch. Leading to the second floor there are two original stairways, front and back of house. There are four bedrooms, including three doubles, and a large bathroom.

Fixtures & Fittings
We have been informed that the fixtures and fittings are owned outright by the owners.

External Details
To the front of the of the premises is parking for multiple vehicles, including customer and residential parking. There is side trade access for deliveries.

The Opportunity
The Great Horkesley Wine Centre offers a fantastic opportunity for a purchaser who is looking for a lifestyle business without having to compromise on the accommodation aspect. The business has been run as a wine merchant for the last 57 years and benefits from being ideally located for its clientele. The Wine Centre is perfect as a first business, or for a purchaser looking to add to their own off -licence or wine merchant portfolio.

Staff
Excluding the owners, there are four members of staff who work on a part time basis with hours fluctuating in busier times.

Trading Information
The turnover for the store for the period ending 30.04.2021 was £576,509 with a gross profit for the same period of £213,309 giving 37% gross profit. Full trading data will be made available to seriously interested parties.

Trading Hours
Monday to Saturday 10am - 6.30pm
Sunday - Closed

Business Rates
Until recently, the shop had a rateable value of £13,500 which, after small business rates relief, amounted to £3,056.30 per annum. Having applied to have this reduced, RV is now £12,750. Recycling cardboard collections is another £600 per annum.Confirmation of business rates payable should be
obtained from the local authority.

Regulatory
There is a premises licence.

Council Tax
The property has a separate liability to Council Tax in respect of the residential element which is rated under Band C; currently in the amount of £1,653.30.

Disclaimer - In accordance with Consumer Protection from Unfair Trading Regulations, these particulars have been issued in good faith but do not constitute representations of fact or form part of any offer or contract. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. Chapman Stickels have not tested any services or appliances in the property. Any areas, measurements or distances are approximate. Neither Chapman Stickels nor any of its employees has any authority to make or give any representation or warranty in relation to this property. We may give advice (directly or indirectly) to vendors or prospective purchasers on, for instance, valuation, conveyancing, marketing or letting of their own property, mortgages, or finance - for which we may receive a fee.