General Stores for sale in Bideford

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Busy Seaside Village Store/Post Office

Bideford, Devon, England

  • Leasehold Price: £35,000  Price Reduced arrow_drop_down
  • Sale Agreed
Seller Reference: COM190087
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Business Description
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Seller Reference: COM190087
Request Details
Business Description
The premises comprise of an L-shaped retail space offered as a lock up shop of approximately 1,000 sq ft with a small office/store room and rear access to inner hallway with a chiller room off and cloakroom.

There is a large forecourt outside for display of goods if required.

Currently trading 7 days a week, 8am - 6.30pm Monday - Saturday and Sundays open 8am - 5pm and under the personal supervision of the proprietors a couple with two part-time members of staff manning the post office counter.

The business is that of busy general store, off-licence, counter newsagents, tobacconist and confectionary shop.

Also with the benefit of a lottery machine and lottery sales, selling cards and post office counter boosting the income.

The takings from the shop have the potential to be: £7,000 per week.

We understand the community post office commission is in the region of £17,000 per annum.

This is a fine lock-up business in a prime tourist trading position with further potential.

Stock at valuation to be purchased on top of the price running at about £20,000.

All shop fittings included, coffee machine on rental.
Location Details:
In a prime tourist trading position, this Londis General Store is located on Nelson Road, on the main through route in the popular seaside village of Westward Ho! Nearby traders include a bakers next door, an estate agents, a financial services office and a stationery/cards & gift shop, opposite is the North Devon Cancer Care Centre charity shop.
Leasehold Term:
A commercial property lease is available at a current rental of £11,000 per annum which expires in the year 2023 plus an ingoing premium of: £35,000.
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