4 Bed Detached House For Sale The Causeway, Colchester, CO6

Great Horkesley Wine Centre has been established as a wine merchant for 60 years. The trade is 100% retail offering some 500 wines, a full drinks complement, deli food, hampers and events. It is a profitable business which has great potential for growth, especially internet sales and trade sales. It is accompanied by a Grade II listed, four-bedroom country home with mature gardens and paddock to the rear, with possibilities for development.

The business is located on the Causeway in Great Horkesley, which is a desirable village set just a few miles north of Colchester on the A134 Essex/Suffolk border and is surrounded by a number of affluent villages. It has easy access to the A12 and is a mature commuter belt to London. Colchester is the fastest growing town in the UK with extensive new developments surrounding Great Horkesley.

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We have been informed by the owners that the fixtures and fittings are owned outright.

To the front of the of the property there is parking for multiple vehicles, including customer and residential parking. There is a side trade access for deliveries.

?The House?\r
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\"Gardenhurst\" The adjoining residential accommodation is a charming Grade II Listed building with original Georgian features. The accommodation is made up over two floors. The ground floor, on the left-side is the lounge, which has been converted back into part of the residential home after previously being used as a gift shop. On the right-side of the ground floor there is the dining room, adjoining kitchen, utility room, shower room and garden porch. Leading to the second floor there are two original stairways, to the front and back of the house. There are four bedrooms, including three doubles, and a large bathroom.

Great Horkesley Wine Centre has been established as a wine merchant for 60 years. The trade is 100% retail offering some 500wines, the full drinks complement, deli food, hampers and events. It has been a largely successful business in all this time, however, lately it has run into difficulties, recording a small loss in 2022, with a larger loss expected this year (TBC). The owners are looking for an exit and this presents a fantastic opportunity for the right buyer. The shop is attached to a Grade ll listed four-bedroom country home with mature gardens and paddock to the rear with possibilities for development.

Excluding the owners, there are three members of staff who work on a part time basis with hours fluctuating in busier times.

Turnover for the store for the period ending 30/04/22 was £461,143, with a gross profit for the same period of £184,563 giving 38% gross profit. Full trading information will be made available to seriously interested parties.

Monday to Saturday 10.00am - 6.30pm\r
Sunday - Closed

The rateable value is £14,500 as of 1 April 2023.. Confirmation of business rates payable should be obtained from the local authority.

There is a premises licence.