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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

Christie & Co, Retail

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 disco

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Notes

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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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