Skip to main content Skip to footer

Retail premises for sale

£55,000

125 London Road, Benfleet SS7

Interested in this property? Call +44 1204 351867 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Open to Offers for Quick Sale

Hilton Smythe welcomes to the market Thoughts. The business was originally established in 1981 by our client. This is a family run business that has been a great success in this location. The owner is now looking to sell the store, due to the desire to take a well-deserved retirement.

The business runs as a cards and gift store but also offers some newsagents products. The store has an excellent variety of stock, this includes lottery, parcels, greeting cards, birthday gifts, seasonal presents, toys, handbags, stationery, ice cream, confectionery as well as seasonal stock. Newspapers are also on sale. A delivery service could be re-introduced.

The business generated a turnover in the region of £125,027 as of the 2016 accounts, with a gross profit of circa 18%. This is a healthy turnover with the potential to be increased. The new owner could look to extend opening hours to allow for more custom each day. The introduction of alcohol and groceries would also allow for more sales.

Above the store is a large space which would be perfect for a flat, subject to the correct planning permission. This space is currently used for storage. The flat could be used by the purchaser or let out for a monthly income. This would allow for lower overhead costs for the purchaser.

This is a fantastic Leasehold opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Thoughts is located in Benfleet, Essex.

The business is situated on a busy high street location. The property is next door to a library, Co-Op, Wimpy and there is a large Harvester restaurant directly facing. This is a great main road location that benefits from a generous amount of footfall and passing trade.

Benfleet is 30 miles east of London and is north of Canvey Island. Basildon and Southend-On-Sea are just a short drive away from the area.

The A13 and the A130 are close by, these are main a-road in the area. As well as generous road connections, the area also benefits from public transport. There is a bus stop directly outside the property with regular daily routes into Basildon town centre. The closest train station is a 15-minute drive away.
Premises
Thoughts is a well-signed property with The Times branding. The property is in a central position on a busy high street. The property has a window across the front, this allows for a bright interior. The window is also used for eye catching window displays.

There are six different areas with bespoke shelving around the perimeter and through the centre of the property. A greeting card display runs across one wall. This is a large store that is well laid out. The shop is equipped with-

Glass fronted drinks chiller

Glass topped ice cream freezer

Fixed counter with large gantry

6 x camera CCTV

epos till system

Tables

Glass shelving

Varied range of shelving

Lottery terminal

Rear entrance of the shop leads from a large free carpark which is shared with the new Aldi store.

Above the store is a large storage space, this could be converted into a flat if required.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 20 years

Remaining lease length: 10 years as of 2016.

Rent: £16,500 per annum
hours
The business opening hours: -

Monday - Saturday: 7am – 5:30pm

Sunday: 7am – 1pm
staff
The business is run and managed by our client, with the help of family plus casual members of staff.
Financial profile
The business generated a turnover in the region of £125,027 as of the 2016 accounts, with a gross profit of circa 18%.

What Zoopla users think of Benfleet

Overall rating:

  • currently 4 stars
Very good - 81% (87 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Benfleet:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Benfleet (1.7 miles)
  • Pitsea (2.0 miles)
  • Rayleigh (2.6 miles)
  • London Southend Airport (6.2 miles)
  • London City Airport (21.8 miles)
  • London Stansted Airport (25.8 miles)
  • Wallasea Island Ferry Landing (11.2 miles)
  • Tilbury Ferry Terminal (11.4 miles)
  • Gravesend Pier (11.6 miles)

Nearby schools

View all schools in Castle Point
  • Woodham Ley Primary School (0.3 miles)
  • Jotmans Hall Primary School (0.4 miles)
  • Montgomerie Primary School (0.5 miles)
  • SEEVIC College (1.4 miles)
  • The Basildon Upper Academy (2.0 miles)
  • Prospects College of Advanced Technology (4.5 miles)
  • The Appleton School (0.3 miles)
  • Glenwood School (0.5 miles)
  • Cedar Hall School (1.6 miles)
Note: Distances are straight line measurements

Local info for Castle Point

About the neighbours in SS7

AskMe Q&A for Castle Point

Ask a question

See all AskMe Q&A in Castle Point

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

36 more properties like this

View all London Road commercial property for sale