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Churchill Avenue, Bourne £500,000

2    0    0
  • Retail Shop
  • Thriving Business
  • Includes Self Contained Flat
  • Large Retail Sales Space
  • Good Catchment Area
  • Large Parking Area
  • Large Stockroom
  • Good Condition
  • Viewing Recommended

This is a rare opportunity to acquire a freehold thriving town retail store with self contained flat let out on an assured shorthold tenancy producing an income of £6,300 per annum. The shop itself is well fitted out with shelving, chiller cabinets, chest freezers and tobacco counter, and the retail area has suspended ceiling with fluorescent lighting.


Churchill Avenue
Bourne PE10 9QA
County: Lincolnshire
Sale Type: For Sale
Ref #: 00000591

General Information

Trading as 'Londis', there has been a retail outlet on this site for a number of years. Since our client acquired the premises, there has been extensive refurbishment both to the shop itself, and to the self contained flat which is of a good size and currently rented out on an assured shorthold tenancy. This shop is located within a large catchment area principally containing residential dwellings, and which will attract business from passing traffic too, as it occupies a prominent site on the corner of Churchill Avenue and West Road - West Road being the main artery road into and out of Bourne towards Stamford. The shop primarily sells household goods, including newspapers, tobacco, frozen & fresh produce, and it has an alcohol licence.

Main Retail Shop

54' 0'' x 22' 0'' (16.45m x 6.70m) Approx Measurements

The main retail area is L-shaped and comprises a large open space with modern open fronted shelving units to the walls and central area. There is a large open fronted shelved chiller unit, and 2 glazed lidded chest freezers. The shop counter area has shelving, a further open fronted chiller unit, and a tobacco retail unit. A suspended ceiling has inset fluorescent lighting and airconditioning units which also provide heating when required. 5 arched windows afford ample natural light into the retail area.

Retail Area 2

13' 1'' x 9' 10'' (4m x 3m) - Approx Measurements

This area is slightly offset to the main retail area, and is predominantly used as an alcohol sales area, with shelved racking and open fronted chiller unit.

Inner Lobby

Affording access to the stockroom and staff WC

WC

With low level WC, wash hand basin.

Stockroom

17' 1'' x 15' 6'' (5.2m x 4.73m)

This is racked out with wooden shelving, with sink unit, fluorescent lighting, chest freezer & fridge.

Rear Lobby

With shelving, and with Fire Escape Door.

Store

9' 11'' x 8' 0'' (3.03m x 2.44m)

With shelved racking and with ladder stairs to:

First Floor Loft Area

This has central floorboarding and has natural light via 2 windows. It is utilised by our client as his office area, although it should be noted that it is not a habitable space, being the loft.

Overall Information

The overall price includes the freehold, the shop fittings, goodwill and business, and stock will be accounted for separately upon completion.

Trading Accounts

Our client will be pleased to show his trading accounts to any interested parties at a suitably arranged appointment.

Self Contained Flat

Access

We understand that there is a right of way from Churchill Avenue which leads to the ground floor entrance door of the flat with staircase leading to the first floor and to the flat itself.

Entrance Hall

With built in storecupboard.

Kitchen

10' 10'' x 8' 2'' (3.29m x 2.5m)

Refitted with a range of base & eye level units with oven, hob & extractor. Gas fired central heating boiler.

Lounge

17' 9'' x 11' 1'' (5.41m x 3.39m)

Bedroom 1

10' 10'' x 8' 2'' (3.3m x 2.5m)

Built in wardrobes.

Bedroom 2

11' 1'' x 10' 10'' (3.39m x 3.3m)

With built in wardrobes.

Bathroom

Refitted with 3 piece suite including bath with shower over.

General Information

The flat has the benefit of uPVC double glazing, gas fired central heating, and has its own private entrance.

Tenancy Information

The flat is rented out on an assured shorthold tenancy at a rate of £525 per calendar month.

Outside

There is an extensive tarmacadam apron in front of the shop providing off road car parking for numerous vehicles. There is a useful steel storage container included in the sale.


Churchill Avenue
Bourne PE10 9QA
County: Lincolnshire
Sale Type: For Sale
Ref #: 00000591

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Churchill Avenue
Bourne PE10 9QA
County: Lincolnshire
Sale Type: For Sale
Ref #: 00000591
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