This store is ideal for a multi-operator seeking to expand upon the solid foundation established by the current owner, or for a first-time buyer to enter the profitable retail sector.
The shop offers a wide range of products, including alcohol, tobacco, groceries, chilled and frozen goods, household essentials, office supplies, and much more.
REASON FOR SALE:
* Our clients, who own the property, have successfully operated the business since 2016. They are now offering it for sale due to other commitments.
THE OPPORTUNITY:
* Successful business already established in prime location
* Busy main road location
* Potential extension of store to offer wider product range
* Accommodation available if required
LOCATION:
* The store benefits from a prime location on a busy main road, drawing substantial traffic. Positioned along a major bus route, with walking distance of a School. Consistent high footfall, ensuring a steady flow of potential customers.
TURNOVER:
* We have been advised by our client that the counter sales on average are £10,000 per week with 30% - 35% + margins.
* Sales can be further boosted by integrating delivery platforms, expanding the store's reach and accessibility to a wider customer base.
* Potential to add Pay point, pay zone, parcels and hot drink services such as Costa coffee
* Newspapers can be added
GROUND FLOOR SHOP PLAN:
* The ground floor of the premises boasts a large retail sales area and stock room.
( approx. 2,000 sq. ft)
* Internally the retail trading area is offered in excellent condition.
* There are a number of dedicated chillers and freezers around the perimeter of the shops trading area.
* The ATM Machine is located to the left-hand side of the entrance which showcase a range of beverages. To the rear of the trading area is a storeroom with a separate W.C and kitchen area.
* A 12 -channel CCTV system providing comprehensive security coverage throughout the entire premises.
TRADING HOURS:
* Monday - Thursday 8:00am - 9:00pm
* Friday 8:00am - 9:30pm
* Saturday 9:00am - 9:30pm
* Sunday 10:00am - 9:00pm
* Extending the current opening hours presents an excellent opportunity to boost sales.
STAFF:
* The business is owner-operated, supported by a dedicated team consisting of one full-time and one part-time staff member.
FIXTURES AND FITTINGS:
* The business is well-fitted throughout and a valuable inventory of equipment will be included in the sale
EXTERNAL:
* Customer parking spaces are available directly outside of the store, off road.
TENURE:
* A New 20 year renewable lease will be offered
* Rent review every 5 years
ACCOMMODATION
* The property benefits from 2 bedroom accommodation with its own separate access. This may be offered to serious enquiries from £675 PCM.
RENT:
* Annual rent is £15,000.
* Annual rent including the whole building, ground floor shop with the accommodation is £23,100.
TRADING INFORMATION:
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.
LEGAL COSTS:
* Each party to be responsible for their own legal costs in connection with the sale.
DEPOSITS:
* Successful Buyer(s) will be required to pay a non-refundable deposit.
BUSINESS RATES
* No business rates payable.
