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Spar, High Street, Bream, United Kingdom, GL15 6JS

£750,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Five bedroom accommodation rented for £1350pm
  • Gross profit £184,717
  • Leasehold option available - £225,000,
  • Rent £38,000 per annum.
  • Post Office income £12,000
  • Well fitted store. EPC C
  • Christie & Co Ref: 3410466

Description

Description

Spar Lydney is a Convenience Store, Off Licence and Post Office located in a busy and thriving residential and commercial area of the town, which offers a consistent trade.

The property is set back from the pavement and benefits from significant window frontage, which would be ideal for displays and advertising.

The ground floor of the premises boasts a large retail sales area and is offered in good condition, with customer parking at the front. There is potential to extend the store to the side and rear.

Location

Lydney is surrounded by the Forest of Dean on the edge of the Wye Valley, and situated on the River Severn, the historic town of Lydney houses some of the area’s must see points of interest.

Thirty pubs, cafes and restaurants cater for locals as well as Forest of Dean visitors. The town also has a variety of local shops that offer everything you need for your stay.

Lydney boasts a lovely park and historic monuments, so you could easily spend a day here before venturing outside the area.
Finally, it’s also the perfect base for those who prefer to leave the car at home, as the town is connected to the national rail network via Lydney Station, with trains to Newport and Gloucester.

The Spar store is located in a busy thriving part of the town, located opposite the Bream cricket club and the local primary school.

Internal Details

The store is in great condition and offers the customer a good experience with well laid out shelving, large fridges and freezers and a wide variety of products stocked.

There is a freestanding sales counter with two points of sale for the shop. There is an alcohol display shelving and tobacco gantry behind the counter and a Post Office counter.

The store also benefits from CCTV and an alarm system. To the rear of the building is a staff toilet and office.

The first floor is where you will find the accommodation and this is comprised of a kitchen, living area, five bedrooms and the family bathroom, ideal as rented accommodation to give an extra income or for an owner operator to live there.

Fixtures & Fittings

We are advised that all fixtures and fittings are to be included within the sale. An inventory will be prepared and issued to the buyer.

The Opportunity

The business is derived from traditional convenience sales, including; alcohol, fresh, chilled and frozen foods, ambient grocery products, confectionery, snacks, soft drinks, a deli and takeaway espresso coffee.

There is consistent local trade as well as fantastic seasonal tourism trade. There is so much potential that still can be done to the store with an experienced operator.

Staff

The store is currently run with one full-time and eight part-time members of staff and is fully managed.

Trading Information

We are receipt of accounts for year ending February 2022, which show a turnover of £1,081,029 a gross profit of £184,717

Trading Hours

Monday to Saturday 7am to 9pm Sunday 8am to 9pm.

Energy Performance Certificates

EPC 1

Brochures

Spar, High Street, Bream, United Kingdom, GL15 6JS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station3.2 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3410466-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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