0 Bed Shop For Sale

Description

Netherfield Post Office, Store and Cafe is an older style end of a terrace of three property, having brick elevations under a tiled roof, at the heart of the village, just a stone's throw away from the village Primary School and opposite the village green.

This well established business has been much improved over the years under the current ownership, including expanding what was a very traditional post office and store, to the current business, whose store includes a wide range of local produce, and the cafe, where it is renowned for its homemade food.

More recently, there has been the addition of a holiday 'cottage', which has quickly established itself as a popular getaway for those visiting the area.

Customers come not only from the immediate locality, but from further afield too, and is also popular with dog walkers, walkers and cyclists who enjoy the surrounding countryside.

There is further scope to expand the business by expanding the opening hours, including opening more over the Christmas period, where the current owners close for ten days. Regardless of this, the current turnover is consistent at around £300,000, net of VAT, plus a Post Office salary of around £14/£15,000. In addition to this is the income from the holiday cottage.


Location

Netherfield Post Office, Store and Cafe is located the heart of the village, just a stone's throw away from the village Primary School and opposite the village green.

Netherfield is a village in the civil parish of Battle, in the Rother district, in the county of East Sussex and within about three miles from the historic town of Battle, a popular tourist location with its history associated with the Battle of Hastings.

To the south are located the coastal towns of Hastings and Bexhiil on Sea, further enhancing Netherfield's popularity to stop by and enjoy the facilities of this business.

Accommodation

The business part of the property occupies the ground floor and has the Post Office and Store occupying one area and the cafe another. The cafe has seating for around 26 and there are doors opening to an outside seating area to the front of the property. There is off-street Parking.

On the first floor there is a very well presented two bedroom apartment with an independent entrance via an external flight of steps, or via a staircase from the business. There are far reaching views from the first floor and there is an owner's private garden, which is well enclosed and stocked with flowers and shrubs, which make it a tranquil place to relax.

More recently, there has been the addition of a holiday 'cottage', which has quickly established itself as a popular getaway for those visiting the area. It enjoys its own enclosed garden and private entrance.

EPC

Commercial Building - 'B' Rating
Residential Above- 'D' Rating

Tenure Comments

The property is currently held under two separate leases, the retail part on the ground floor and the apartment on the first. but the owners are currently in the process of purchasing the long leasehold interest (virtual freehold), so this will form part of the sale.

Rent/Price

The asking price for the long leasehold (virtual freehold) interest in the property is £695,000.

Rateable Value / Council Tax

The rateable value of the business part of the property, effective from 1 April 2023 is £5,700, as such it may be eligible for small business rates relief. Please enquire with local borough council for further information.
The apartment will be liable for Council Tax, which currently falls under band A.


VAT

Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT) which will be charged at the prevailing rate. Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.

Viewing

Strictly by prior appointment through the Surveyors. Please contact Andrew Moore e: andrew.