RARE OPPORTUNITY TO ACQUIRE………………
FREEHOLD INTEREST FOR SALE LONG-ESTABLISHED VILLAGE STORE WITH SPACIOUS LIVING ACCOMMODATION
An extensive photo gallery can be viewed online through www.henryadamscommercial.co.uk
THE VILLAGE STORE, POUND LANE MANNINGS HEATH, WEST SUSSEX RH13 6JJ Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519
[email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION Mannings Heath is an affluent West Sussex village situated 2 miles to the southeast of historic Horsham. The village has a thriving local community and being strategically placed between other larger towns and villages, the business enjoys all year round trade from day visitors and passing traffic. A street view of Pound Lane can be viewed online through Google Maps by typing in the property’s postcode RH13 6JJ DESCRIPTION A substantial, detached freehold building compromising a village stores over ground floor with spacious living accommodation arranged over ground and first floors. The property benefits from a well maintained rear garden area, car port and a forecourt providing off road parking and access for deliveries. There is good off road street parking for customers in the immediate surrounding roads. Commercial Aspect The commercial aspect provides an open plan double fronted retail shop with ancillary storage to the sides. The accommodation provides the following floor areas (measured upon a net internal basis): Ground Floor Retail Area Lean to garage store Store Total Accommodation
636 sq ft 215 sq ft 90 sq ft 941 sq ft
Residential Aspect The residential aspect offers four bedrooms, two bathrooms, a spacious kitchen and conservatory, utility room and vaulted living room arranged ground and first floors, offering the following measurements: Ground Floor Living room Kitchen Utility room Conservatory
21’10 x 10’9 17’5 x 11’8 5’11 x 6’1 9’9 x 19’7
First Floor Master bedroom En-suite bathroom Walk-in wardrobe Bedroom 2 Bedroom 3 Bedroom 4 Family bathroom
12’6 x 14’6 7’3 x 7’3 7’3 x 6’0 7’9 x 11’9 11’11 x 11’10 11’8 x 13’0 6’2 x 11’6
BUSINESS The freehold is being sold with the benefit of the existing well established village stores business (est. 18 years). The business is run by a husband and wife team who are looking to retire and therefore, the going concern interest will include all trade fixtures and fittings. Trading under the name The Village Store Farm Shop & Delicatessen, core over the counter business includes a range of farm produce, artisan breads, cakes, beers and wines together with fresh flowers. The business currently trades from Monday to Tuesday 9.00 am to 5.00 pm, Wednesday 9.00 am – 1.00 pm, Thursday & Friday 9.00 am – 5.00 pm, Saturday 9.00 am – 3.00 pm, Sunday 9.00 am to 1.00 pm. An overview of the business’s trading activities can be viewed online at www.manningsheathstore.co.uk. Trading accounts for 2014 and 2015 show a turnover of £191,672 and £175,914 respectively. We are of the opinion that there is scope to increase the revenue by increasing the trading hours. Subject to the Vendors’ permission, audited accounts can be made available to interested parties.
PRICE Price upon application VAT We understand that VAT will not be payable on the purchase price with the exception of stock at valuation. BUSINESS RATES & COUNCIL TAX (2016/2017) Business Rates The current Rateable Value advertised online by the Valuation Office Agency www.voa.gov.uk is £5,200. The Uniform Business Rate for 2016/2017 is 49.0p in the £ making the Rates Payable £2,548. We have been advised by Horsham District Council that Small Business Rate Relief to those who qualify will be entitled to a 50% reduction until March 2017. Council Tax We understand that the residential accommodation falls within Council Tax valuation Band B (£1,187.26). Interested parties are advised to contact Horsham District Council on 01403 215 100 to verify the above figures.
VIEWING ARRANGEMENTS Whilst the commercial aspect may be informally inspected as a customer, we would ask all parties to strictly respect our client’s wishes and not to approach any staff members. With the exception of Fridays, the preferred viewing times are between 9.00 am and 12.30 pm and 2.30 pm and 6.00 pm. Arrangements for thorough inspections are to be made by appointment only with sole selling agents Henry Adams Commercial, 50 Carfax, Horsham, West Sussex RH12 1BP CONTACT Andrew Mark Algar - Head of Commercial Property 01403 282 519 07868 434 449
[email protected] ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate has been commissioned and will be available shortly Agents Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
LOCATION MAPS – NOT TO SCALE