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Convenience Store Business In Nuneaton For Sale

Nuneaton, West Midlands
Asking Price:
£79,950 Furniture / Fixtures included
Turnover:
£468,000
Net Profit:
Under £50K

Moores Commercial are delighted to offer for sale this successful local convenience store in Nuneaton. The family business is run by hands on owner operators with an average weekly turnover of around £11,000 gross per week. The business benefits from paypoint and payzone, lotto, ATM, off licence, newspapers and Tobacco. Ground floor trading space is approximately 286 Sq M (3000 Sq Ft). First floor accommodation, in need of modernisation comprises 3 bedrooms, lounge, kitchen and bathroom. 2 years remaining on the lease (with potential of a new lease being granted) at a current passing rent of £10,000 + vat per annum.

Property information

Property:

Leasehold

Lease Terms:

£79950 for the goodwill and fixtures and fittings with 2 years remaining. New lease could be available on request.

Leasehold Rent:

£10,000 per annum

Location:

Leeral Superstore (trading as Lister Convenience store) is situated at the mini roundabout on Attleborough Road (B4114) and Lister Street, a 5 minute walk from the main town centre shopping parade. Located to the South of the town with good road access to other local towns and Cities with Coventry 9 miles to the South and Birmingham 20 miles west. Good access to the M6, M69 and M1 Motorways. Towns close to Nuneaton include Bedworth, Atherstone, Hinckley, Tamworth and Lutterworth. The town lies 3 miles from the Leicestershire border, 8 miles from Staffordshire and 12 miles from Derbyshire.

Premises Details:

The shop occupies the ground floor of a 2 storey brick built corner terrace property under a pitched tiled roof. Having circa 3000 SQ FT of trading space on the ground floor, with the first floor for storage and potential for residential accommodation.
To the rear of the shop is a separate store/stock room with ancillary storage.
To the first floor:
First floor landing leading to
Room 1 - 13 ft x 11.7 ft
Room 2 - 9.6 ft x 12 ft
Lounge - 13.6 ft x 13.4 ft
Bedroom - 14.5 ft x 11.8 ft
Kitchen and bathroom and storage cupboards on the secondary landing.

Energy Performance Rating:
F  View EPC Graph for this property

Business Operation

Trading hours:

8am to 8pm 6 days - Sunday 8 - 6pm

Other Information

Furniture / Fixtures value:
£15,000 - included in the asking price
Inventory / Stock value:
£15,000
Related Documents:

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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