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Convenience Store With Accommodation - Haydock For Sale

St Helens, Merseyside, UK
Asking Price:
£55,000 Furniture / Fixtures included
Turnover:
£415,794
Net Profit:
Available on request

Prominent Residential Trading Position
Accounts Available Year End 28th February 2020
Annual Turnover £415,794
Gross Profit £91,474
Accounts Available After Viewing
Long Established
Ill Health Sale
Self Contained 3 Bed Flat
Owner Operator / Family Staff Team
CCTV Fitted Throughout
Well Presented
Fully Equipped
Free Parking
Huge Scope For Deliveries
Potential To Expand Product Lines
Scope For Online Sales & Social Media
EPC - D

REF 7341 – Leasehold Convenience Store With Accommodation

Blacks Brokers are pleased to bring to the market this leasehold convenience store with accommodation located in Haydock, St Helens.

INTRODUCTION

Raja Ji Food & Wines Ltd was established in this busy residentially area of Haydock for many years with our client in ownership from 2014. The business offers a range of convenience products and services including National Lottery, Payzone and parcel drop. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position directly opposite a large primary school. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.

LOCATION

Raja Ji Food & Wines Ltd occupies a prime trading position within a densely populated residential area. The area is densely populated residentially with no immediate local competition and a constant amount of footfall due to the large primary school opposite. The area is well linked by the M6 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill helath, the business is offered for sale at a very competitive price. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a twenty year lease which began in 2019 at a cost of £216 per week.

STAFF

The business operates with our client in full time employment supported by family members on an ad hoc basis.

FINANCIAL DETAILS

Raja Ji Food & Wines Ltd has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 28th February 2020 show that the business has an annual turnover of £415,794 with a gross profit of £91,474. Accounts can be made available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This popular and long established business occupies an enviable trading position in a busy residential area of Haydock. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines, possibly fresh food and longer opening hours. There is also huge demand locally for a delivery service and online sales. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - SUN: 07:00 - 23:00

Contact Information

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