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Established Village Store With Flat And Estuary Views For Sale

Bishopsteignton, Devon, UK
Asking Price:
£48,500
Turnover:
On request
Net Profit:
On request

A rare opportunity to acquire a thriving convenience store in the picturesque village of Bishopsteignton, offering an exceptional lifestyle business with a spacious 2 or 3 bed flat boasting beautiful estuary views. This well-established and highly regarded store provides an extensive range of products, including groceries, fresh fruit and vegetables, patisserie items, snacks, confectionery, hot & cold drinks, takeaway sandwiches, hot food, newspapers and magazines, and a wide selection of wine, spirits and beer. The business enjoys strong local support and benefits from convenient parking directly outside the premises. Early viewings are highly recommended.

LOCATION
Bishopsteignton is a large south facing village on the north bank of the Teign Estuary, a mile or two west of Teignmouth. It boasts fine views over the estuary and nearby access to beautiful walks and Teignmouth seafront. Little Haldon Heath nature reserve is situated at the top of the village and there is a local museum, church, pubs, local shops and accommodation. Close to the village are great arterial motorways, the A380 being only minutes’ drive away. It is an equal distance to both Torquay and the Cathedral city of Exeter with a mainline railway, M5 motorway and International Airport.

BUSINESS
This long-established Victorian village store has been successfully owner-operated since the 1850s and is now being offered for sale due to retirement. The business benefits from the support of four experienced part-time members of staff, and one full-time member of staff, who produces a popular range of freshly baked pastries, sandwiches, and handmade chocolates. Widely regarded as the heart of the village, the shop serves as an important community hub and enjoys strong support both from local residents and the many visitors the area attracts throughout the year. With the village seeing a significant influx of tourists and the store being the only convenience shop in the area, the business is exceptionally well positioned.

Current opening hours are 8am–6pm, with earlier closing on Sundays, offering further potential for growth and extended trading hours if desired.

ACCOMMODATION:

A lovely double fronted shop with a recessed entrance and part glazed door to:

RETAIL SHOP
10.66m x 6.53m

Upon entering, the premises provide a large open-plan retail sales area with central island display units and a wide range of dry goods, confectionery, household items, fresh produce, bakery products and convenience goods. To the left-hand side is a bespoke hardwood service counter fitted with an EPOS till system, weighing scales, double spring-lever espresso machine and heated display cabinet. Behind the counter is extensive shelving, spirit displays and a dedicated Zero Waste refill station area offering bulk dry goods. The right-hand side incorporates a range of refrigerated display cabinets for dairy produce, local meat and fish, soft drinks and chilled convenience foods. At the rear of the shop is a dedicated beer and wine display area. The shop is fitted throughout in a traditional convenience store style with wall shelving, display racks, and wide customer circulation space. The front half of the shop features original ornate cast iron pillar and terrazzo flooring, while the rear sections had a new hardwearing vinyl surface laid in 2023. The shop benefits from customer seating at the front and a compact office space to the rear. Steps to handwashing station, then further steps to;

KITCHEN
3.36m x  2.10m

A practical commercial kitchen with stainless steel work surfaces, commercial electric oven, fridge, freezer, chocolate machine, prep/storage shelving and a door leading to the rear courtyard.

WASH STATION

A cleaning area with stainless steel sink and drainer, a separate WC and hand wash basin.

STORE 2
6.82m x 2.36m

A large storage area with ample shelving and general space for all kinds of products.

Through this area is a door to:

STORE 3
2.28m x 2.36m

A secure further space but with a door to the rear which could receive deliveries via this entrance.

OWNERS ACCOMMODATION

The owner’s accommodation is situated above the shop and can be accessed either via the rear courtyard or independently to the side of the premises. Staircase from side to:

Entrance hallway with doors to:


KITCHEN/DINER
6.49m x 2.26m

A lovely large space with a separate area with a fully equipped kitchen and window to side together with a dining area and ample space for a large sofa group. This area has a window and glazed door which leads to a private courtyard for the owners.

DINING ROOM
4.05m x 2.22m

A great space which could be used as a third bedroom/lounge or even an office for the business. It has a built-in storage cupboard and window to side.

BEDROOM 1
3.61m x 2.96m

A good-sized double room with window to side.

BEDROOM 2
3.79m x 2.57m

A double room with built-in storage cupboard and window to front with beautiful rural views.

LOUNGE
4.30m x 3.52m

A large room with a fireplace with inset electric fire and large window to front with beautiful rural views.

OUTSIDE

To the side of the property is a good-sized courtyard which connects directly with business, enclosed with good privacy and with a secure gate which leads to an access path. The courtyard is ideal for table, chairs, BBQ and general recreational activity.

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 electricity, gas 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

Leasehold. There is a current lease to be assigned but a new negotiable could be made available from the start. Current rent payable is £1780 per calendar month for both the business and flat.

LEGAL FEES

Each party to pay their own legal fees however, ingoing tenant to pay landlord’s reasonably incurred lease assignment/setup costs.

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

Property Information

Property:

Leasehold