Under Offer

A fantastic opportunity to acquire a home with income

Exeter, Devon

£535,000 Freehold
Kennford HubKennfordExeterDevonEX6 7TRView Map

A fantastic opportunity to acquire a home with income, business, investment or even development opportunity, in one of Devon’s most desirable villages. This flexible freehold sale comes with great income potential and comprises of a 1/2 bed cottage, convenience-shop business and Airbnb accommodation all in very good condition. Early viewings are highly recommended.

This large, terraced property is situated in the very heart of the sought-after Devon village of Kennford. The village has an active community that supports the village convenience store very well. There is a convenient local bus service and it is only a short distance to the seaside town of Torquay and the Cathedral city of Exeter with its world-renowned University, M5 motorway, Paddington direct train line and International airport. Also, nearby is Haldon Forest with many forest walks and activities and within a short drive is Dartmoor National Park and some spectacular beaches.

This successfully owner operated convenience business has been nurtured for many years and comes with an open post office which draws custom from a wide geographical area. It provides an extensive range of convenience products. This thriving business will be sold with a comprehensive hand over to ensure its continued success. A new owner will be complimented by an existing team of staff to ensure day-to-day smooth operation, but we the agents feel there is plenty of scope to increase the existing turnover. Also, the current owners rent out accommodation successfully on Airbnb which providing an additional impressive income. Actual trading figures will be made available following formal success viewing.

ACCOMMODATION COMPRICES

CONVENIENCE SHOP

Door to

MAIN RETAILING AREA

9.08m x 7.07m

This fabulous space comes with a large centre island unit with multi shelved product display together with comprehensive shelving throughout the shop, deli counter, bespoke counter with an epos till, plethora of fridge and freezer glass fronted units, licenced area with a wide range of wines, beers and spirits. To one side is an open plan post office which is big  draw and able to receive packages when people are at work and offers a wide range of parcel brand dispatch services. National lottery and various pay-point facilities are established within the shop. Also, there is access to the “Hot ‘N Go” café service.

STORE 1

4.26m x 2.57m

STORE 2

2.07 1.84m

To the rear is a large, covered alleyway with ample space for delivery cages, bins and general storage.

OWNERS ACCOMMODATION

Currently this 1/2-bedroom cottage is arranged as follows.

1st FLOOR

BEDROOM 1

4.67m x 3.95m

A large double room with a window to the front of the property and an en- suite comprising of a walk-in shower, WC and wash hand basin.

BEDROOM 2

4.38m x 2.92. A double room with window to the front of the property and an en-suite comprising of a walk-in shower, WC and wash hand basin.

Airbnb (bedroom 3)

A large double room with a window to the rear of the property and an en-suite comprising of a walk-in shower, WC and wash hand basin. This has separate access from the rear of the property; however, this could easily be incorporated into the owner’s accommodation.

OUTSIDE

To the rear is a magical secluded smaller courtyard with mature scrubs which has been laid with large, tiled flooring to create a relaxing feel. This area is accessed independently from the business.

PARKING

The village has plenty of free unrestricted parking immediately outside the business for customers and the owners of this property.

TRADING HOURS

SHOP and POST OFFICE

Mon – Sun                07.00am – 8.00pm

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES

Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)

TENURE

Freehold

VIEWINGS.

All viewings and enquiries are to be made through the agents, Ware Commercial.

TEL. 01803 328880 or 01392 462266 Email. [email protected]   www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.