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Convenience Store With Off-license And Newsagent For Sale

Newcastle Under Lyme, Staffordshire, UK
Asking Price:
£40,000 Furniture / Fixtures included
Turnover:
£416,000
Net Profit:
£50K - £100K

An opportunity to acquire a business in a prominent residential location.
The shop runs as a Newsagent and Convenience Store nearby to the town centre. This is an excellent opportunity for business growth and can potential.

Location: On a busy parade of shops, substantial passing trade, good customer relations and Parking located at the front.

Potential: Increase opening times, add fresh fruit & veg.

Premises: Shop floor of 1000 Sqft (approx.) fixture and fittings, CCTV, electric shutter and Toilet.

Property Information

Property:

Leasehold

Leasehold Rent:

£13,000 per annum

Living Accommodation:

One bedroom downstairs. Washroom with shower. Kitchen is shared with business.

Location:

Edge of town centre. Between multiple university accommodations. Along a parade of shops. Right outside park.

Premises Details:

Parade of shops including. Busy sandwich shop, Chinese take away, fast food takeaway and hair salon.

Business Operation

Expansion Potential:

Huge potential for growth. High demand for frozen food. Coffe. Food to go.

Reasons for selling:

Family commitments.

Trading hours:

7am-8pm

Employees:
3
Years established:
25+

Other Information

Furniture / Fixtures value:
£50,000 - included in the asking price
Inventory / Stock value:
£20,000

Contact Seller

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