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Best One - Babbacombe, 120 - 122 Reddenhill Road, Torquay, Devon, TQ1 3NT

£125,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • 0.4 miles from Babbacombe Beach
  • Busy high street location
  • Sales circa £10,800 per week
  • Spacious 1247sqft sales area + store rooms
  • Great opportunity for hands on operator
  • On street parking - EPC Rating C
  • Christie & Co Ref: 3410506

Description

Description

Best One Babbacombe is situated in a busy high street location just 0.4 miles form Babbacombe Beach. Serving both the local communities and tourists alike. The store is well presented throughout with a sales area of circa 1247 sqft plus two store rooms. It is leasehold lock-up store and offers a great opportunity for a hands on operator.

Location

Babbacombe is a fabulous seaside town on the fringes of Torquay and part of the English Riviera. Situated on a busy high street just 0.4 miles from Babbacombe Beach. This South Devon location is accessed easily from the A38 and A380 with the major cities of Exeter and Plymouth 22 miles and 35 miles away respectively.

Internal Details

Internally the store is presented in good order throughout. With main entrance door to left and large display windows to the right. On entering the store, the main two station EPOS counter is to left with high value spirits, tobacco and vape gantries behind. There are several central gondolas with all the expected product lines, sweets and snacks, general produce and everyday essentials, bakery, newspapers and magazines. A variety of fridges and freezers surround with food to go, diary, fresh fruits and veg, soft drinks beers and wines. There are two storerooms, one of which has two walk in fridges plus a separate office.

Fixtures & Fittings

We are advised that all fixtures and fittings are included in the sale.

The Opportunity

A great opportunity for a hands-on operator to take over a successful and busy convenience store in the centre of Babbacombe. The business is just 0.4 miles from Babbacombe beach which has a thriving tourist market to tap into during the spring - autumn seasons alongside the local year-round trade. With current trade at circa £10,800 per week the business is ready for an experienced operator to take it to the next level.

Staff

There are 8 members of staff. Two full time and six part time.

Trading Information

Turnover for the year ending March 2023 shows total of £561,197 or £10,792 per week.

Trading Hours

Monday - Saturday 7am - 9pm, Sunday 8am - 8pm.

Tenure

Leasehold store with a rent of £14,250 per annum. 20 years from January 2019 on a protected lease basis.

Business Rates

The rateable value of the business as of April 2023 is £16,500. However this is not necessarily what you will pay.

Energy Performance Certificates

EPC 1

Brochures

Best One - Babbacombe, 120 - 122 Reddenhill Road, Torquay, Devon, TQ1 3NT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torre Station1.4 miles
  • Torquay Station1.7 miles
  • Paignton Station3.7 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

These notes are private, only you can see them.

Disclaimer - Property reference 3410506-lh. 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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