Only convenience store in Weobley up for sale for the first time in almost 20 years
Specialist business property adviser, Christie & Co, is delighted to bring to market, The Old School Shop, a busy, Costcutter-branded convenience store set in the quintessential English country village of Weobley, Herefordshire, for the first time in almost twenty years.
Centrally positioned on Portland Street, with a large frontage and no immediate competition, The Old School Shop operates at the heart of the popular and attractive village, which can be found eleven miles from Hereford and Leominster and fourteen miles from Hay-on-Wye.
Weobley is one of the main villages on the Herefordshire Black & White Village Trail, making the area hugely popular with tourists and the business hugely benefits from this footfall, in addition to the customers attracted from surrounding villages and outlying areas.
The well-appointed store extends to around 1,400sqft of retail space, with the addition of a prep room, and staff facilities. The current owners, Andrew and Jane Parsons have also acquired the site next door, a former bookstore, and currently utilise this space as an office and storage unit. In addition, the property features a beautifully refurbished five-bedroom residential unit with a rear garden and views of the surrounding countryside.
Following almost twenty years of ‘hands-on’ operation, the time has finally come for Andrew and Jane to seek retirement, meaning the successful business is now up for grabs.
They comment, “We have thoroughly enjoyed our time operating The Old School Shop and being a part of the Weobley community, however, is time to pass this amazing business on to somebody new who will take it forward into the future. We are entrusting the sale to Christie & Co because we believe that they will be able to achieve the best outcome for us.”
There are a number of opportunities for an incoming owner, including the addition of a Post Office, extending the opening hours to maximise trade, or exploring the potential to convert the former Book Shop into a delicatessen or food-to-go business, subject to planning permissions, to add an additional income stream.
Stephen Bell, Retail Business Agent is handling the sale and comments, “This store is not only a beautiful and high turnover country style shop, but also comes with possibly the finest living accommodation I have ever seen in a retail business, with five bedrooms and some of the best rural views in the country so we anticipate lots of interest.
“We are currently experiencing strong demand for the Herefordshire area, with other recent transactions including the sale of Ashby Stores, a Nisa Local-branded convenience store in a nearby village, to Ascona Group, in their first purchase of a stand-alone convenience store. I encourage anyone with a similar business to get in touch to take advantage of this demand.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: +44 (0) 7721 420 656 or E: bronte.hughes@christie.com
