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Property Listing Details

Property details

Features

  • Freehold
  • Supermarket and Main Post Office
  • Retail sales in excess of £600,000 per annum
  • Two bedroom owner’s accommodation
  • Retirement sale, Leasehold option available

Listing view statistics

Last 30 days: 86 page views

Since listed: 1080 page views

Description

Reference - 45492

Description
Spar supermarket and main post office is located in Brightlingsea on the outskirts of Colchester which is England’s oldest recorded town. Brightlingsea is a popular destination with tourists in the summer months due to the coastline, nature walks and open air swimming pool which operates between May and October each year.

We have been advised that the supermarket has been trading from the same spot since the 1970’s when it was opened by our client. The business operates from a good sized property with approximately 2000 sq ft of retail space, close to the high street amongst other independent retailers such as butchers, bakers, pubs, national chains and major banks.

The area is busy throughout the day with plenty of locals residents using the store along with people from surrounding villages using the post office plus tourists, passing trade and college students.

The business is a well used supermarket and posy office which is presented in excellent condition and could in our opinion could introduce a deli counter along with freshly made to order sandwiches, baguettes and salads given its location to the sea front. This is an ideal opportunity for an energetic family to acquire a successful business in a popular coastal location.

Sales
Currently shop sales generate in excess of £600,000 per annum with good profit margins plus the Post office salary which is in the region of £60,000 to £70,000 per annum.

Accounts
Current records and accounts can be inspected after viewing by genuinely interested parties.

Trading Hours
Monday – Sunday 07:00 to 22:00

Staff
Managed by the owner’s along with a mix of full and part time staff

Building Internal
The retail space presented is in excellent condition with a full range of modern chillers and display shelving throughout allowing the business to change stock lines throughout the year to cater for different seasons, especially during the summer time. The post office consists of two main tills to the rear of the store along with one additional combi till.

Ancillary Areas
Towards the rear of the ground floor retail area there are several large storage rooms along with commercial kitchen and staff bathroom facilities.

The building also benefits from a mezzanine floor which provides ample space, which is currently unused and in our opinion, with little cost could be converted to provide a small café or tea shop.

Residential
The property also provides owner’s accommodation or could be let out thus providing an additional income.

The accommodation consists of:
Two bedrooms
Bathroom
Kitchen
Living room

Tenure
There is the option to purchase the business as freehold at £589,999 or leasehold at £225,000 with the terms of the lease to be negotiated with the landlord.

Map & Nearby

Local Amenities

  • Brightlingsea Ferry Landing 0.3 miles
  • Point Clear Ferry Landing 0.5 miles
  • Brightlingsea Primary School and Nursery 0.1 miles
  • Colne Community School and College 0.7 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Brightlingsea Ferry Landing 0.3 miles
  • Point Clear Ferry Landing 0.5 miles
  • Brightlingsea Primary School and Nursery 0.1 miles
  • Colne Community School and College 0.7 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.