Newsagent And General Grocery Store With Butchers For Sale

Business description

The store is located on a main road in the heart of a thriving residential community. The fairly large outlet provides all the basic necessities such as bread, milk, fruit and veg, meat,snacks and confectionary, toiletries, frozen food and readymade meals etc.

The turnover and profit is good however due to personal circumstances relocation forces the sale.

All fixtures and fittings including plenty of shelving, freezers, refrigerators and butchers machinery etc are included in the sale. There is also an fully managed ATM (i.e the payzone are responsible for servicing, filling and maintaining the ATM) within the store.

Viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Nine years remaining on the lease, which is extendable.

Leasehold rent:

£7,800 per annum

Living accommodation:

Living accommodation exists above the shop which comprises of 1 large room, bathroom and two smaller rooms. At ground level there is a furnished kitchen. The accommodation is included in the lease and therefore it is possible to rent the accommodation out to tenants or for the proprietor to live in themselves.

Location:

The business is located on a busy main road (Ravenshouse road) with plenty of parking space of customers. The road is popular with motorists and pedestrians alike. The store is very suitably positioned to be accessable and seen by the local community.

Other information

Expansion potential:

The business has scope to move the fruit and veg section externally to the shop front, as there is plenty of space to do so. Not only will this advertise the fruit and veg more, but will free internal space for more stock. A lottery service is also attainable.

Competition / Market:

The store is also the only one to serve a large community and is a handful of convenience stores providing newspapers and magazines in the town.

Reasons for selling:

The turnover and profit is very good however due to personal circumstances, relocation forces the sale.

Trading hours:

7 days a week, 06.30- 20.00

Furniture / Fixtures value:

£20,000 (included in the asking price)

Inventory / Stock value:

£25,000 (included in the asking price)