Shop

Mailbox Estates present an opportunity to acquire a busy convenience store with £13,000 per week on average.

The store is well known and highly relied on within the local community with no local competition. The store offers a full range of products such as alcohol, tobacco ( Vapes ) , confectionery, and general items of convenience.

The store does not offer Lottery, Pay Point or Lottery services, these can be added at any time to increase the sales.

THE OPPORTUNITY
* low overheads
* Weekly T/O in excess of £13,000
* Average gross margin 30%
* Current owner happy to offer a handover to ensure the continued success
* NO local competition

TRADING HOURS
* Monday - Sunday - 7:30am to 9:00pm
( The store is licenced to close until 11:00pm )

LOCATION
* The store is within short walking distance from three High schools and a residential area.
* The store has a large prominent shop front with which makes it appealing to local trade.
* The store is well presented and maintained.

TURNOVER
* We have been advised by our client that the turnover is around £13,000 per week on average.

Commissions Received:
*Cash machine from £50 - £100 per month
*Amazon & DPD from £100 - £150 per month.

The store does not offer Lottery, Pay Point or Lottery services, these can be added at any time to increase the sales.

TENURE
* The site is offered by way of sub lease with a new 10 year renewable lease.
The tenant has 56 years remaining on the lease with the landlord.

STAFF
* The store is owner run with the help of two full time and one part time staff.

EXTERNAL
* Secure gated parking to the rear for staff and the owner.
* Rear access for loading / unloading.

SHOP FLOOR PLAN
* Ground floor - Shop sales area of approximately 149 Sq. M (1603 Sq. ft)
* Staff WC

RENT
* The rent per annum is £13,000 with a rent review every third anniversary.

ACCOMMODATION
* There is no accommodation included in the sale.

BUSINESS RATES
* We have been advised that there are no business rates payable.
* Purchasers should enquire with relevant local authorities to confirm the rates payable.

LEGAL COSTS
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlords Legal fees are the buyer and vendors responsibility and are to be shared equally.

Fixtures and Fittings
*The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

Regulatory
* Premises licence

Viewing arrangements
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF

DEPOSIT
*Successful Applicants will be required to pay a non-refundable deposit.

Mailbox Estates highly advise early viewing to avoid disappointment.

Tenure: Leasehold (10 years)