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Bargain Booze, 62 Langdale Road, Dunstable, LU6 3BS

Guide Price
£350,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Weekly sales of £22,000
  • Renewable lease with £15,600 rent PA
  • Fully staff-run site
  • Has been established for over 22 years
  • Busy parade of shops with parking
  • A great opportunity to add new products and services - EPC: C
  • Christie & Co Ref: 3818322

Description

Description

We are selling a busy Bargain Booze store in Dunstable. This store is well-located on a high footfall parade, with lots of residential properties surrounding it and ample parking for customers. This store is fully fitted with the Bargain Booze brand both inside and out and is well established with the store being open for 22+ years.

Location

Dunstable is a market town in Bedfordshire, England, just 30 miles north of London with around 36,000 residents. It has great links being just five minutes away from central Luton and has lots of commuters due to its easy links directly into London.

Internal Details

This store is a good size with it being 1,002 sq ft. There is a till close to the entrance with shelving for impulse items and vapes behind. Fully fitted with shelving and fridges throughout and displays in key areas for promotional sales as well.

The store has an entrance at the rear for deliveries.

Fixtures & Fittings

We are advised that all fixtures and fittings are owned outright by the owners, except the lottery terminal and EVRI terminal. A full list of items can be made available upon request.

External Details

The store has good frontage with display windows and roller shutters on the doors at both sites for added security. There is ample parking for customers as well.

The Opportunity

This is a fantastic opportunity to take on a long-established Bargain Booze store that is fully staff-run in a busy location with a strong weekly turnover.

There is an opportunity to look at adding in new products and services, as well as extending the current opening hours in the store.

Staff

We are advised that staff will need to be transferred over under TUPE guidelines with the sale and a full staff list being available upon request.

Trading Information

The total turnover for the store for accounts ending 31/03/2024 was £1,135,585

A full set of accounts and further financial details can be sent upon request.

Trading Hours

Monday to Sunday - 10:00 to 22:00

Tenure

The store has a 10-year lease from 2018 with a rent review at year five in 2023 and a passing rent of £15,600 per annum.

This lease is protected within the Landlord and Tenant Act 1954.

Business Rates

Rateable Value: £13,500

This is not necessarily the amount you will pay so please contact the local authority for further details.

Energy Performance Certificates

EPC 1

Brochures

Bargain Booze, 62 Langdale Road, Dunstable, LU6 3BS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leagrave Station3.2 miles
  • Luton Station4.5 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 3818322-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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