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Property Listing Details

Description

Business
Hilton Smythe welcomes to the market this well priced and popular community store The Hollies Variety Store; easily managed from well fitted and presented parade premises. It is situated opposite the entrance to a Sainsburys supermarket so has a good footfall, a wonderful lifestyle business, with excellent year-round regular and passing trade and scope for retail expansion and extended hours.

The shop has been run by the current owner for 5 years, who is now looking to pursue other business interests abroad.

The shop is very much as it says, a discount variety store offering an amazing range of products to include cards, kitchenware, tupperware, Christmas decorations, stationary, hardware including screws/nails etc, garden accessories, wool, rugs, pet supplies, storage boxes, toiletries and much more.

The owner informs me that they could also offer food supplies, but choose not to at present; this should be something the purchaser considers. Also, the rear store could easily be used for things like paint supplies etc.

The potential product list is endless offering great future development.

Location
The Hollies Variety Store is situated on a shopping parade in the centre of Midsomer Norton opposite a Sainsbury’s store which offers free parking and a busy footfall.

Midsomer Norton is a town near the Mendip Hills in Bath and North-East Somerset, 10 miles south-west of Bath, 10 miles north-east of Wells, 10 miles north-west of Frome and 16 miles south-east of Bristol. It has a population of 10,997.

Premises
An easily managed premise covering around 88 sqm with the main shop area, large rear store room, office and WC.

The main shop offers customer counter and till, various shelving, racking and display items.

There is also rear access and easy parking.

Tenure
We are advised that the business is being sold as a leasehold opportunity.

5 year lease remaining as of 2017.

The rent payable is £9,996 per annum.

Hours
Monday – Saturday: 9.00 a.M. To 5:00 p.M.
Sunday: Closed

Staff
The business is currently run by the owner and 3 other part time staff.

Financial Profile
We believe from the owner that the shop currently turns over around £100,000 per annum.

According to the voa website the current rateable value is £10,750; however, the owners inform me that they benefit from small business rate relief.

We are advised our vendor will consider deferred payments.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Midsomer Norton Primary School 0.1 miles
  • St John's CofE Primary School 0.2 miles
  • Oldfield Park 7.8 miles
  • Bath Spa 8.3 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.