Cottage for sale in Preston PR3, 3 Bedroom

Reference - 46619

Description
This is a rare and exciting opportunity to acquire a long established and well known village store and tea rooms, located in the medieval Lancashire village of Chipping.

Chipping is a quaint and highly desirable village situated in the picturesque Ribble Valley within the Forest of Bowland, an area of outstanding natural beauty between Longridge Fell and the Bowland Fells, halfway between Clitheroe and Garstang.

The village is conveniently positioned just 5 miles from Longridge and 9 miles from the historic market town of Clitheroe.

Brabins occupies a prominent and unopposed trading position at the very heart of the village and is heavily relied upon by the community, as well as also proving popular with the large number of walkers and cyclists who frequently visit the area.

The store retails a range of products including groceries, ice cream, tobacco, traditional sweets, as well as home cooked pies and cakes.

The business hosts an Outreach Post Office two mornings a week, generating additional footfall and a source of rental income.

The shop premises provides a well presented sales area with beams and décor in keeping with the traditional building. There is an extension to the rear creating a charming tea room, which can cater for 12 people inside and over 20 people outside in the picturesque garden area.

The business is fitted to a high standard with a comprehensive range of good quality, valuable equipment which has been well maintained.

Established back in 1668, Brabins celebrates 350 years of trading and is reputed to be the oldest continuously trading shop in Great Britain.

Externally there is a separate detached former coach house which has previously operated as an art gallery and is currently vacant.

This building offers terrific potential to extend the tea rooms or for alternative uses, subject to any relevant planning permission approval.

Brabin’s Shop and Tea Rooms is a thriving and lucrative business, ye

Sales
Current weekly shop sales average £2,000 - £2,500 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Winter Hours

Monday – Tuesday
08:00 – 17:00

Wednesday
8:00 - 13:00

Thursday - Saturday
8:00 - 17:00

Sunday
10:00 – 16:00

Staff
The business is managed by the owners with 2 full time members of staff and 1 part time member of staff.

Building External
The charming Grade II* listed stone cottage offers an excellent blend of deceptively spacious ground floor business accommodation, which has been extended to the rear, and three bedroom private living quarters to the first floor.

Building Internal
The shop premises provide a well presented sales area with beams and décor in keeping with the traditional building. There is an extension to the rear creating a charming tea room, which can cater for 12 people inside and over 20 people outside in the picturesque garden area.

Residential Accommodation
The living accommodation is well presented oozing charm and character, with a wealth of original features. The accommodation briefly comprises of a welcoming living room with a log burning stove, beamed ceiling, flagged flooring and a staircase leading to the first floor.

There is a good size separate dining room with flagged flooring and a comprehensively fitted kitchen located to the rear of the property. The first floor provides a double bedroom with beamed ceiling and a walk in dressing room, two additional double bedrooms and attic room and a family bathroom.

Externally there is a large garden area laid mostly to lawn with a pretty brook side location, patio area, secluded summer house and a separate detached 2 storey former coach house.

Tenure
We are advised that the property is held on a 20 year lease which commenced in 2017. The annual rent is £11,096 exclusive (correct as advised on 04/09/18). Rent reviews are at 3 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a rare and exciting lifestyle opportunity to acquire a profitable business with a lovely family home located at the heart of a charming and highly desirable village. To avoid disappointment a viewing is highly recommended.