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Retail premises for sale

£39,950

Unit 4, The Hollies, Radstock BA3

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Property 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.

What Zoopla users think of Midsomer Norton

Overall rating:

  • currently 4 stars
Very good - 75% (28 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Midsomer Norton:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Oldfield Park (7.8 miles)
  • Bath Spa (8.3 miles)
  • Frome (8.5 miles)
  • Bristol Airport (12.2 miles)
  • Cardiff Airport (38.0 miles)
  • Bournemouth Airport (44.7 miles)
  • Temple Meads Station Ferry Landing (12.2 miles)
  • Prince Street Bridge Ferry Landing (12.3 miles)
  • Temple Bridge (Bristol) Ferry Landing (12.3 miles)

Nearby schools

View all schools in Bath and North East Somerset
  • Midsomer Norton Primary School (0.1 miles)
  • St John's CofE Primary School (0.2 miles)
  • Welton Primary School (0.5 miles)
  • Frome Community College (8.0 miles)
  • Farleigh Further Education College - Frome (8.1 miles)
  • Bath College (8.3 miles)
  • Somervale School Specialist Media Arts College (0.3 miles)
  • Norton Hill Academy (0.4 miles)
  • Fosse Way School (0.5 miles)
Note: Distances are straight line measurements

Local info for Bath and North East Somerset

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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