Wakes Colne, Post Office and Convenience Store, Colchester Road, Chappel / Wakes Colne

£675,000.00 / For Sale
Address: Colchester Road, Chappel / Wakes Colne, Colchester, CO6 2DE

Property Description

A well established Post Office & Convenience Store, Trading Business With 4 Bedroom Family Living Accommodation
Wakes Colne Post Office & Convenience Store, Colchester Road, Chappel/Wakes Colne, Colchester CO6 2DE. Commercial & Residential Freehold with successful ongoing concern. Mixed Use Freehold & Trading Business

LOCATION
Wakes Colne & Chappel are villages in Essex, sitting on the River Colne, midway between Colchester and Halstead on the busy A1124.

The villages, although separate by boundary are entwined and have the benefit of the Post Office/Convenience Store as well as a primary school, village hall, two churches and The Swan Public House and Restaurant.

The village is well served with a bus stop to the front of the property and the Chappel and Wakes Colne Railway Station situated between Bures and Marks Tey on the Gainsborough Line.

The area is a frequent destination for tourists with the attraction of the 32 arch Chappel Viaduct, visible from immediately outside the property, and the Victorian East Anglian Railway Museum.

- Cross Road Junction – A1124 Halstead to Colchester Road and The Street/Station Road
- Close to Chappel Viaduct
- Bus Stop Outside
- Less than 0.25 miles from Chappel and Wakes Colne Railway Station and the East Anglian Railway Museum

DESCRIPTION
The property is set back from the road and comprises a 1930s built two storey house with single storey rear extension.

Ground Floor:
- Lounge 4.2m x 3m
- Dining Room 2.3m x 2.65m
- Kitchen/Breakfast Room 4.1m x 2.2m plus 2.2m x 2.5m
- Garden Room 4.6m x 2.8m
- Cloakroom/Utility 2.8m x 1.3m

First Floor:
- Bedroom One 3.2m x 2.1m
- Bedroom Two 4m x 3.15m plus wardrobe
- Bedroom Three 3.1m x 2.8m
- Bedroom Four 2.4m x 2.2m
- Bathroom

To the front is the convenience store and shop with extensive forecourt on two sides for customers.
There is a large private garden to the east with timber shed measuring 3.2m x 7.2m and a garage to the rear measuring 6m x 3.3m.


Trading Information
Chris Eaton has been running the business for nearly 50 years and has built up a tremendous amount of local goodwill.
The turnover for the store for the period ending 31st July 2020 was £282,889 with an unadjusted Net Profit for the same period of £52,509.
Full trading data will be made available to seriously interested parties subject to signing a non-disclosure agreement (NDA).

Trading Hours
Monday to Saturday 6.30am - 6.00pm (Wednesday 5.30pm)
Sunday – 8.30am – 1pm

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


TERMS
The property is available freehold with offers invited in the region of £675,000.

OUTGOINGS
The Rateable Value is £7,100.
Due to the Rateable Value being less than £12,000, occupiers may be able to achieve full business rate relief. We advise interested parties to make direct enquiries with Colchester Borough Council Rates Department.
Please note, this is not the amount you will pay. Prospective purchasers are advised to make their own enquiries with Colchester Borough Council to verify the business rates payable.

LEGAL COSTS
Each party is to bear their own legal costs in connection with any transaction.

PLANNING
Regulatory
There is a premises licence.

OTHER
Energy Performance Certification
Available upon request.

VIEWING
Strictly by prior appointment with the sole agents Nicholas Percival Chartered Surveyors.

T: 01206 563 222
E: tnoble@nicholaspercival.co.uk
REF: C5524

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