Long established and highly reputed business
Scope to rent out 3 bedroom accommodation
Situated in the desirable village of Reeth
Advised annual turnover of £260,000
Fantastic views surrounded
Genuine reason for sale
Walk in condition
Meridian Business Sales are delighted to offer this superb gift shop/convenience store to the market which our client has only put for sale due to personal reasons.
The business was established 100+ years ago and has been in our clients careful hands since 2010, and ever since has gained a fantastic reputation within the community. Our client has devoted her full dedication into the business allowing it to keep the regular custom. The premise has four floors and has stunning modern décor throughout along with having all of the required health and safety measures. The first and second floor consists of living accommodation, this is currently used for the owners’ living however scope to increase trade from renting the bedrooms to prospective tenants. The rooms are perfect for living due to the rooms being fully fitted with the essential fixtures and fittings along with having beautiful views of the surrounding village.
The excellent village shop sells a range of items perfect for the community including; newspapers, alcohol and various beverages, convenience goods, ice creams, freshly made sandwiches and many more.
Due to the exceptional stock and services provided, the business generates a respectable annual turnover of £260,000 with a gross profit margin of 24%.
There is massive scope to expand the business if desired even though the business generates a regular trade; it could expand by introducing more stock. The catering/food side of the business could be further developed by utilising the ice cream making equipment in the catering area, or using the first floor sitting room as dining area for customers.
This is a tremendous opportunity to purchase an established business which is a great base to build upon, and as such early viewing is strongly advised as this brilliant business is not to be missed.
Well presented and well signed 3 storey property, briefly comprising: LOWER GROUND FLOOR Cool storage area GROUND FLOOR Secure entrance leading to: Well laid out shop Wooden counter unit Various shelving 2x ice cream display freezers Display fridge Large display windows to the front with views over to the cobbles and village green Fully fitted and equipped kitchenette area Stainless steel sink Steps leading to: Excellent space for catering or storage Double stainless steel sink Range of fridges/freezers Ice cream making equipments Ample preparation space FIRST FLOOR Spacious lounge Fireplace with electric fire TV Alcove with shelving Bay window to the front Brilliant views over Reeth village green and towards Fremington Edge and Lower Swaledale Fully fitted large double bedroom Bathroom with corner bath with jets and shower over, basin in vanity unit, radiator, heated towel rail Dining kitchen Range of wood wall and base units Stainless steel 1 ½ bow; single drainer sink Electric cooker Electric hob Washing machine and dishwasher Space for fridge/freezer Dining area SECOND FLOOR Fully fitted double bedroom Window to the front with stunning views Fully fitted double bedroom Wash basin Window to the front and rear with fantastic views EXTERNAL Front – cobbled area to the front, previously used to provide seating area for the shop Side – archway to the side of the property leading to the side entrance for the property, bin storage and oil tank
The gift shop is situated in the heart of the village of Reeth which is in Swaledale in the county of Richmond, North Yorkshire. Reeth is a historic village with a protected village green, a fantastic array of shops. Pubs, eateries, educational facilities and many more making it a thriving community. The village is only 8 miles to the market town of Leyburn and is less than 30 minutes from the A1 at Richmond. The business enjoys the prominent position of Reeth as its home to a range of quaint walks including; Wainwright’s Coast to Coast Walk, the Inn Way and many more.
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