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Established Convenience Store For Sale With Three-Bedroom Accommodation

Telford, West Midlands, UK
Asking Price:
£60,000 Furniture / Fixtures included
Turnover:
£208,000
Net Profit:
On request

We are delighted to offer an excellent opportunity to acquire an established convenience store, generating approximately £4,000 in weekly sales, with the added benefit of substantial three-bedroom residential accommodation.

This is an attractive opportunity for an owner-operator, family-run business or an experienced retailer looking to acquire an established retail business with the convenience of living on-site.

The property benefits from a separate access to the residential accommodation, providing privacy and independence from the commercial premises.

THE OPPORTUNITY

Weekly Sales: Approximately £4,000.

An existing convenience store offering an opportunity for a new owner to continue and develop the business.

Spacious three-bedroom accommodation included with the property.

Separate Access: Independent access to the residential accommodation, offering added privacy and convenience.

Accommodation Layout: Three bedrooms, a separate living room and a separate kitchen.

Approximately seven years remaining on the existing lease.


There may be opportunities for a new owner to build on existing sales through an expanded product range, additional services, promotional activity and further development of the business.

RESIDENTIAL ACCOMMODATION

A particularly appealing feature of this opportunity is the accompanying three-bedroom accommodation.

The accommodation comprises:

Three bedrooms.

Separate living room.

Separate kitchen.

Independent access, separate from the shop.

This makes the opportunity particularly attractive to buyers looking to combine business ownership with residential accommodation.

TENURE & RENT

Tenure: Leasehold.

Annual Rent: £12,000 (£1,000 per month).

AN EXCELLENT BUSINESS OPPORTUNITY

This is an appealing opportunity to acquire an established convenience store with approximately £4,000 in weekly sales, together with the added benefit of three-bedroom residential accommodation.

With seven years remaining on the lease and annual rent of just £12,000, the business offers an opportunity for an incoming purchaser to take over an established operation while benefiting from the convenience of separate residential accommodation.

LEGAL COSTS:

  • Each party will be responsible for their own legal costs associated with the sale.
  • The landlord's legal fees are the responsibility of both the buyer and the seller and are to be shared equally.

TRADING INFORMATION:
-Trading information will be made available to genuinely interested parties who have signed a Non-Disclosure Agreement and have viewed the premises.


DEPOSIT:
Successful applicants will be required to pay a non-refundable deposit.

VIEWING ARRANGEMENTS:
-Discreet customer visits are encouraged; however, please do not approach the vendor or staff directly.

Property Information

Property:

Leasehold

Lease Terms:

7 years remaining

Leasehold Rent:

£12,000 per annum

Business Operation

Management type:
This business is owner operated.

Listed by

Mailbox Estates