2 bedroom convenience store for sale

3 Straits Parade, Bristol, BS16

£375,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Freehold news CTN with lottery
  • Superb parade location, Fishponds, Bristol,
  • Excellent convenience/off licence potential
  • Scope for change of use
  • 2 bed flat refurbished to high standard 2017

Full description

Tenure: Freehold

LOCATION & DESCRIPTION: Barrett’s Newsagents at 3 Straits Parade, Fishponds, Bristol BS16 2LA enjoys a prominent parade position in a densely populated area of Bristol. With ample parking outside, near neighbours include a Post Office, KFC and Domino’s Pizza.

Bristol, itself, is a historic maritime city and an expanding residential and commercial centre. For over 900 years, it has been one of the country’s most important cities and this generates an aura of vibrancy and special interest. There is a wealth of facilities for all ages, cultural, educational, sporting, entertainment and shopping. The surrounding countryside is of great historical interest and scenic beauty.

THE SHOP: The unit is part of a well -established parade, with c850 sq ft alarmed retail space with CCTV and with spacious, modern 2 bed self-contained flat above (access from rear).

The glazed shop front has a prominent facia board across and is fitted out with suspended ceiling and equipped for purpose. To the rear are secure stock rooms, tobacco safe, 2 WCs and kitchenette.

Fixtures and fittings include Upright Cool Drinks Cabinets, Deep Freezers, Metal shelving + gondola, Card Display Units, with a side wall covered with Magazine Racks.

ACCOMMODATION: Stairs from the rear of the premises via rear lane lead to accommodation on the first floor, fitted with UPVC glazing, comprising 2 bedrooms, kitchen, bathroom and living room. This was completely refurbished, to a high standard, we are advised in 2017, when the roof was also replaced. (Note: this is currently occupied and was not inspected at time of our visit). We understand water and electricity are supplied to the premises; the flat is currently let out at £750 pcm.

There is a garage to the rear and vehicle access.

THE BUSINESS: The business has been in the hands of the present owners – who now wish to retire – since 1970 and has traded very successfully for many years supplying this densely populated residential area with Convenience lines as well as Newspapers.

Current takings are advised at c£240,000pa. The weekly news bill is about £700 per week with counter news only. Lottery sales are c£1,200pw.

There is the clear opportunity to add a full Convenience store range, to include Off Licence (subject to consent) and more. The business would, it is believed, strongly benefit from adoption of a buying group symbol and internal upgrade. This with the introduction of later opening hours would enable substantial turnover growth quite quickly.

This is a fast-growing part of town, with extensive residential house building nearby. As well as an excellent development opportunity for convenience retail, there is the potential for change of use to Catering etc, subject to consents.

The business is family run with a mix of part time staff. The vendors will disclose full financial information to serious applicants.

TRADING HOURS: 6.00 am – 6.00 pm. Monday to Saturday & 7.00 am. – 3.00pm Sunday

TENURE: Freehold. Business rates payable currently nil.

PRICE: £375,000 for the Freehold, Goodwill, Fixtures & Fittings with trade stock in addition at valuation (about £14,000).


Care is taken to ensure that these particulars are correct, accuracy is in no way guaranteed and none of the information supplied forms part of any contract. None of the appliances/systems have been tested and a purchaser must satisfy themselves as to the condition of these. The photograph may have been taken with a wide angle lens and the identity of the business/neighbouring businesses obscured in order to maintain confidentiality. The information was approved as being accurate by the vendor at the commencement of marketing and an undertaking was given to advise EM&F of any changes that occur. However, as all businesses are constantly evolving, the information may not be completely up to date. Prospective purchasers are therefore advised to undertake necessary and adequate enquiries to satisfy themselves of anything that is critical to their interest at the appropriate time.


More information from this agent

Nearest stations

  • Stapleton Road (2.0 mi)
  • Filton Abbey Wood (2.2 mi)
  • Bristol Parkway (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F Group, Bristol

Rustic Farm Ham Lane, Kingston Seymour, BS21 6XE

01938 710008 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stapleton Road (2.0 mi)
  • Filton Abbey Wood (2.2 mi)
  • Bristol Parkway (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F Group, Bristol

Rustic Farm Ham Lane, Kingston Seymour, BS21 6XE

01938 710008 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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