Business Hilton Smythe is delighted to introduce to the market Langrick Bridge Stores. This multi-facet business is a family run concern with our clients, a successful husband and wife team running the business since 2011.
Revenue is derived from a well-stocked convenience store, petrol station with additional red diesel services, chandlery with a wide variety of products for passing boaters, pump out station and boat moorings.
The business reports turnover at circa £167,000 with a gross profit at around 25% for this financial year, with ill health reluctantly forcing the sale. We believe the business has huge scope for future development with a new owner in situ with enthusiasm and drive to take the business to the next level. Perhaps by extending opening hours or embarking on a modest marketing campaign to promote the assets of the business.
In addition, the business benefits from a 1 bedroom self-contained flat suitable for letting out to generate additional income.
The business is complete with superb 3-bedroom owner’s accommodation, ideal perhaps for a couple or small family looking for a life style change in this beautiful and desirable location.
Location Langrick Bridge Stores occupies a prominent trading position on the heavily used commuter road between the B1192 running towards Coningsby and A1121 towards Boston, Lincolnshire.
The route is regularly used by heavy goods vehicles, commuters and tourists alike. The store nestles within idyllic and stunning surroundings and is situated alongside the navigable River Witham.
The business is within easy reach of Lincoln to the north along the A15 and Sleaford and Kings Lynn from the A17.
Premises Convenience Store
Shop counter with 1 till, card terminal, rear shelving with alcohol display shelving, cigarette store, Ice cream freezer, news and paper display unit, perimeter racking and shelving, 2 glass top display freezers, smaller ice cream freezer, 2 door upright chiller, 3 door upright chiller, 1 door upright chiller and loose sweet display also designer wallpaper.
Accessed via shop area with central display aisle, perimeter shelving with range of items including: life jackets, toilets, chemicals and gas bottles.
Former garage workshop, still has pulley and hoist with covered pit. Currently used as store room. Benches and shelving.
Petrol station forecourt
2 nozzles pumps, with separate red diesel pump. Central kiosk with 1 till. Calor Gas cage, storage container, water hose, concrete pillbox store with security grill door, log cabin with facilities for catering housing fridge, freezer, hand wash, sink and counter.
River Witham bank moorings, with permission for double mooring. Access pontoons, and grassed river bank area.
Accessed via separate gate from frontage.
Fully fitted kitchen with base and wall units, sink unit, fitted appliances.
Lounge with multi fuel burner
Spacious dining room with stairs leading to the first floor
Double bedroom with fitted wardrobes
Small double bedroom
Large double bedroom with ensuite shower room
Family bathroom with shower, bath and basin and airing cupboard.
External door to internal staircase access to kitchen/diner/lounge with combi boiler Small double bedroom with ensuite shower room.
Tenure We are advised freehold.
Hours The business opens:-
Monday to Friday 8.00am – 5.30pm
Saturday 9.00am – 1.00pm
Staff This is a family run concern.
Financial Profile The business reports turnover at circa £167,000 with a gross profit at around 25% for this financial year.