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We are very pleased to be offering for sale both a valuable freehold retail unit on The Square in Chagford and the Casa Magnolia business itself. It is in a superb situation on the busy traditional town square in this Ancient Stannary town on Dartmoor. The Casa Magnolia business is well established and very profitable with many regular return clients who travel some distance to buy the quality clothing items offered by this excellent boutique. The accommodation comprises a bright retail floor with high ceilings and generous display windows, a storage area with three changing cubicles, a staff area/kitchenette, a rear lobby, a w.c. and a small exterior courtyard. It may be viewed by appointment and Fowlers strongly recommend a viewing.
Casa Magnolia at 38 The Square is set on the bustling town square in the thriving Dartmoor Ancient Stannary town of Chagford which is on the Eastern side of Dartmoor. The town square has a wide variety of day to day and specialist shops, pubs and cafes and Chagford has great facilities with a Primary school, pre school and Montessori, a Parish church, chapel and R.C. church, surgeries for doctors, dentist and vet and great walks in the countryside, riverside and on the moor. The A30 is approximately 5 miles away and Exeter is about 20 miles.
This bright retail area has a glazed recessed front door set between two fully glazed bay display windows. It leads to a spacious room with high ceilings and four bold red ceiling hung chandeliers plus wire mounted adjustable spotlights. The floor is laid with a high quality commercial vinyl and the walls are clad with painted matchboarding to head height. Painted shelving, cupboards and recessed hanging spaces are fitted and there is space for a glazed top sales counter. Oak capped steps lead up to the changing/storage area.
A space with a high ceiling, three curtained changing cubicles with mirrors and clothes hooks, wire mounted adjustable spotlights , a quality commercial vinyl floor and a painted concrete floor in the storage segment which has built in oak shelving and hanging rails. From the storage segment there is a door to the rear lobby and from the changing area is a door to the staff room/kitchenette.
This room has a rear facing metal framed window with a single drainer stainless steel sink beneath and tiled 'subway' style splashbacks and a fitted base unit with cupboards. Shelving is fitted and a quality commercial vinyl floor.
This has an older wood effect laminate floor, an obscure glazed door to the courtyard and a door to the w.c.
Fitted with low level w.c., a wall mounted electric panel radiator, a wash hand basin, a metal framed obscure glazed window, the water meter and a ceiling light point.
A small exterior area with space for a bistro set for staff breaks.
Casa Magnolia has been established in Chagford for about 12 years. It has a loyal following both of local and out of area clients and stocks ranges of quality clothing for women. It is a profitable business which has been mostly run with the owner managing the boutique and attending to the buying whilst excellent staff have manned the boutique. Staff costs could be quite dramatically reduced if the owner both managed and manned the boutique, but net profits of £26-37,000 are common in a normal year. If serious interest is shown the last three years accounts will be available to view.
Mains water, drainage and electricty. Gas is available in the Square.
It may be possible to apply for full rates relief if this were to be your only place of business.