Spar, High Street, Bream, United Kingdom, GL15 6JS
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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
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.
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.
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.
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 OpportunityThe 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.
The store is currently run with one full-time and eight part-time members of staff and is fully managed.
Trading InformationWe are receipt of accounts for year ending February 2022, which show a turnover of £1,081,029 a gross profit of £184,717
Trading HoursMonday to Saturday 7am to 9pm Sunday 8am to 9pm.
Energy Performance Certificates
EPC 1Brochures
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
Notes
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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