Paul Fox Commercial


t: 01724 870520
f: 01724 870532
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746 sq ft (69.51 sq m)
  • Excellent freehold business opportunity.
  • Corner location on through road.
  • High turnover village store and post office.
  • Includes sales shop, storage, outbuildings and income producing first floor flat.
  • Business element includes, retail sales, post office and outreach, cash machine, lottery and newspaper round.
  The subject property is situated in the village of Keadby which is approximately four miles directly to the west of Scunthorpe. Keadby is on the western bank of the navigable River Trent with its associated wharfage facilities within the village and at Gunness on the east bank. Keadby is close to the A18 which provides access into the Isle of Axholme which contains a large number of villages and settlements many of which gravitate towards Keadby. The subject property occupies a prominent corner location in the centre of the village on the main through road opposite a school and associated parking area. Keadby has local bus services and proves a popular dormitory village to Scunthorpe from a residential point of view. Whilst the village has a limited amount of more specialist retail the subject property remains the main general store and the only post office in the village.
  End terrace unit of traditional construction beneath a slate pitched and hipped roof with accommodation set out on ground, first and second floors. To the rear is a detached double storied traditional outbuilding used for garaging and storage. GROUND FLOOR L shaped retail unit with large wooden shop display windows and single centrally placed entrance door. Retail area has plastered and emulsion walls, fitted out with traditional proprietary racking and shelving. The balance of the ground floor is taken up with ancillary and storage areas. FIRST & SECOND FLOOR FLAT Two bedroom self-contained flat currently tenanted on an Assured Shorthold agreement. EXTERNAL To the rear is a separately detached double storied garage/store with rendered elevation and up and over door. Internally there are security grills with a separate door to first floor. As noted the subject property occupies a corner location with there being an area of off road parking between the main building and outbuilding.
Description sq ft sq m
Retail 563 52.36
Work area 136 12.74
Secure store 47 4.41
Rear entrance
Side entrance
Two bedrooms
Total 746 69.51
Out buildings GF 17.58 sqm FF 17.58 sqm
  The ground floor is entered in the rating list as Shop and Premises. Ground floor rateable value 3,500 with this figure being under the Government threshold for small business rates and therefore no business rates are payable. Interested parties are advised to contact the Local Rating Authority to make their own enquiries to verify that they are eligible for small business relief.
  Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. Electricity, water and drainage are understood to be connected. The first floor flat is heated via an oil fired central heating system.
Disposal Terms:  
  This is a rare opportunity to acquire a high turnover grocery post office business including an outreach post office. The property is offered freehold with the first floor flat income producing. There is still scope to increase profits by a more hands on approach by the new owner. The business comprises of a general store with approximately 17,000 worth of stock. The internal Post Office with post office salary, an outreach post office, cash machine, newspaper round and the National Lottery. Detailed accounts are available to genuinely interested parties after a viewing has taken place. Enquiries for this business are strongly recommended.
  Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
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Conditions under which particulars are issued: Fox Knight (Commercial) Ltd trading as Paul Fox Commercial - for themselves and for their vendors or lessors of this property whose agents they are give notice that: i) the particulars are set out as a general outline only for the guidance of the intending purchaser or lessees and do not constitute, or constitute part of an offer or contract; ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith but without responsibility on the part of the vendor, lessor, Fox Knight (Commercial) Ltd trading as Paul Fox Commercial or their employees. Any intending purchaser or lessee should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) no person in the employment of Fox Knight (Commercial) Ltd trading as Paul Fox Commercial, has any authority to make or give representations or warranty whatsoever in relation to the property; iv) all rentals and prices are quoted exclusive of VAT; v) Fox Knight (Commercial) Ltd trading as Paul Fox Commercial will not be liable, in negligence or otherwise for any loss arising from the use of these particulars.

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Paul Fox Commercial is the trading name of Fox Knight (Commercial) Ltd. Registered in England No. 3497668
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