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Bargain Booze Select Convenience Store, Caen Field, Braunton, EX33

£60,000

Property Description

Key features

  • Ideally located in a precinct of complementary shops and businesses
  • Benefits from a free car park to the front and a high footfall
  • T/O 550,000 per annum with a gross profit of 20%
  • Fitted and equipped to a high standard and were completely refitted by our clients in 2007
  • An ideal opportunity to acquire a thriving off licence and convenience store in a sought after area

Full description

Tenure: Leasehold

Location
Bargain Booze Select Convenience Store is ideally located in a precinct of complementary shops and businesses in the popular Devon town of Braunton. The business benefits from a free car park for customers, while in store, to the front and a high footfall. Braunton is a large village in North Devon, popular with tourists and a desirable place in which to live and work. The village lies approximately 2 miles from the wide sandy beach at Saunton, popular with surfers and approximately 5 miles from Barnstaple.

Business History
Preferred Commercial is delighted to offer for sale this popular convenience store and off licence, which was established by our clients in 2007 and which is only now being placed on the market due to their wish for a change of career. The business generates a turnover in the region of 550,000 per annum with a gross profit of 20% derived from the sale of alcohol and convenience lines including fresh local produce, bread, cakes and frozen foodstuff. There is also an in-house pizza oven, chicken rotisserie and video/DVD hire. There is scope to increase turnover by offering newspapers and perhaps introducing the National Lottery. The premises are fitted and equipped to a high standard and were completely refitted by our clients in 2007. We feel this represents an ideal opportunity to acquire a thriving off licence and convenience store in such a sought after area. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: 550,000 approx.
GP: 20%

Opening Hours
Mon - Sun: 9.00am - 10.00pm

Accommodation Details
Large lock-up retail unit in a popular precinct of shops with ample free parking in the forecourt to the front. Briefly comprising:

Ground Floor
Main sales and display area fitted to suit trade with counter area with 2 electronic cash registers, EPOS system, large alcoholic drink display, 4 chillers, product display shelving, frozen food section, pizza oven, chicken rotisserie, hot food display, preparation area for pizza making, sink and storage area, stainless steel preparation surfaces.
Kitchen to rear with oven and sink unit
Freezer store with 5 x chest freezers
Large storage area for food and drink with shelving and small scissor lift
Office with CCTV system and PC
WC
Wash Basin
Beverage making area

External
Car park to front of shop with 2 hours free parking
Large walk-in refrigerator to side
Delivery access to side

Tenure
Leasehold
Original length: 25 years
Remaining: 20 years
Review: every 3 years
Rent: 16,000 per annum

To view this property or request more details, contact:

Preferred Commercial, Nationwide

Lower House Farm Mansell Way, Horwich, Bolton, BL6 6JL

0844 871 1484 Local call rate

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