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RARE FREEHOLD VILLAGE SHOP OPPORTUNITY WITH 12 PARKING SPACES

Sell New Group are delighted to offer for sale this exciting opportunity to acquire a purpose-planned village shop in the highly sought-after Bedfordshire village of Studham, close to the Hertfordshire border and surrounded by attractive Chilterns countryside.

This is a particularly rare opportunity, as the building was specifically granted planning permission to provide a SHOP as part of the Bell Cottages development.

Planning permission CB/14/03116/FULL was granted by Central Bedfordshire Council on 16 April 2015 for the:

“Erection of 5 three bed dwellings and building to include a shop and associated parking.”

The property therefore offers an excellent opportunity for an independent retailer, entrepreneur or owner-occupier looking to establish and operate a village shop serving Studham and the surrounding communities.

Potential concepts could include a traditional village convenience store, farm shop-style offering, delicatessen, locally sourced produce, bakery products, everyday groceries and household essentials, subject to compliance with the existing planning permission and all necessary consents.

CREATE STUDHAM’S VILLAGE SHOP

Currently presented in shell condition, the building provides the incoming purchaser with the exciting opportunity to create and fit out a village shop to their own specification.

Internally, the property provides an impressive open space with high ceilings, exposed timber roof structure and unfinished blockwork walls, offering considerable flexibility for the installation of counters, shelving, refrigeration, fresh produce displays and other retail fittings.

One of the property’s most striking features is the extensive floor-to-ceiling glazed frontage and sliding glazed doors. These provide excellent levels of natural light while creating an attractive shopfront with excellent scope for displays and product presentation.

The CGI images accompanying the marketing have been prepared to demonstrate the potential transformation of the existing shell into a welcoming contemporary village shop, incorporating concepts such as timber flooring, fresh produce displays, open artisan shelving, food and deli counters and feature lighting.

The opportunity is to create a shop that combines everyday village essentials with quality locally sourced produce, potentially establishing a destination that serves both the immediate community and customers from surrounding villages.

CGI images are for illustrative purposes only and do not represent the property’s current condition or an included specification.

12 PARKING SPACES

A major advantage for the operation of a village shop is the excellent provision for customer parking.

The property is being sold with 12 parking spaces, providing generous parking for customers and staff.

The parking is conveniently positioned immediately in front of the shop, providing straightforward access for customers and helping to make the premises accessible to people travelling from Studham and the surrounding villages.

Some areas of the parking currently require clearing and general attention.

The combination of a detached purpose-planned shop, extensive glazed frontage and 12 parking spaces provides an excellent foundation from which a purchaser can establish a successful village retail business.

PLANNING – APPROVED SHOP

The planning position forms an important part of this opportunity.

Central Bedfordshire Council Planning Reference: CB/14/03116/FULL

Decision: GRANTED – 16 APRIL 2015

The approved development comprised five three-bedroom dwellings together with a building to include a shop and associated parking.

The retail/shop element formed an important part of the original approved development and prospective purchasers should therefore satisfy themselves through Central Bedfordshire Council and their legal advisers regarding the precise authorised use, planning conditions, Section 106 obligations and any requirements affecting the operation or fit-out of the shop.

Any purchaser considering an alternative use should make their own enquiries regarding whether further planning permission or other consents would be required.

ESTATE CHARGE

There is an estate charge associated with this building, we are currently awaiting confirmation of this charge from the freeholder.

SERVING STUDHAM & THE SURROUNDING VILLAGES

Studham is an attractive and established Bedfordshire village situated close to the Hertfordshire border and within the Chilterns countryside.

The wider parish has a population of approximately 1,180 residents, providing an established local community which could potentially benefit from a conveniently located village shop.

A new operator could potentially create a retail offering combining:

Everyday groceries and household essentials
Fresh fruit and vegetables
Locally sourced produce
Artisan bread and bakery products
Deli and chilled produce
Fresh meat and premium food products
Fresh coffee and takeaway products
Gifts and locally produced goods

The concept could be tailored to create a modern village shop with a traditional community focus, providing convenient everyday shopping while also offering products capable of attracting customers from the wider area.

LOCATION

Studham enjoys an attractive semi-rural position while remaining accessible to Dunstable, Luton, Hemel Hempstead, Berkhamsted, Tring and Harpenden.

The village is surrounded by attractive countryside and is close to well-known destinations including Dunstable Downs and Whipsnade Zoo, with the wider Chilterns area popular with walkers, cyclists and visitors.

This combination provides an interesting opportunity for a village shop capable of serving the resident community, surrounding villages and visitors to the wider area.

APPROXIMATE DISTANCES

Luton & Dunstable – 5 miles
Hemel Hempstead – 8 miles
London Luton Airport – 9 miles
Watford – 15 miles
Central London – 35 miles

Distances are approximate and provided for guidance only.

BUSINESS RATES

Interested parties should make their own enquiries with the Valuation Office Agency and Central Bedfordshire Council regarding the Rateable Value, business rates payable and potential eligibility for any available business rates relief.

COMMERCIAL FINANCE

For free, no-obligation, whole-of-market commercial mortgage advice, please contact the team to arrange a telephone appointment.

IMPORTANT INFORMATION & DISCLAIMER

Sell New Group has not tested any fixtures, fittings, apparatus, utilities or services at the property and cannot confirm their condition or working order.

All dimensions, areas and distances are approximate and should be independently verified before a purchaser incurs any expense.

Photographs, floor plans and CGI images are provided for guidance and illustrative purposes only. CGI images demonstrate potential fit-out concepts and should not be interpreted as representing the property’s existing condition, specification or items included within the sale.

Prospective purchasers should independently confirm the property’s planning use, Planning Reference CB/14/03116/FULL, planning conditions, Section 106 obligations, Rateable Value, business rates, EPC, utilities, service or estate charges and any other matters relevant to their proposed occupation.

Sell New Group does not verify legal title, boundaries, rights of way, covenants or other legal matters. These should be confirmed by the purchaser’s solicitor prior to exchange of contracts.

RESERVATION REQUIREMENTS

Upon reservation, Sell New Group will require:

AML/ID checks for all purchasers
Proof of deposit or proof of funds
Mortgage Agreement in Principle, where applicable
Selling estate agent details, where applicable

A £5,000 non-refundable reservation fee is required to reserve the property. This will be credited against the agreed purchase price upon completion and is payable on the basis that the purchaser works towards an 8-week exchange of contracts, commencing from receipt of the draft legal contract by the purchaser’s solicitor.

Full reservation terms should be reviewed and agreed before payment of the reservation fee.

Should you require clarification regarding any aspect of the property, planning position or reservation terms, please raise this before committing to any expenditure or paying a reservation fee.

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