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Freehold Supermarket In Stoke For Sale

Stoke, Staffordshire, UK
Asking Price:
£650,000
Turnover:
£936,000
Net Profit:
Not applicable

**This business has been under offer for several months. However, the buyers pace in completing the sale is extending beyond initial expectations and the vendor is eager for a swift sale.

The vendor has indicated that only cash buyers will be taken into consideration

If you're intrigued by this business opportunity and are contemplating making an offer, we kindly request proof of funds prior to presenting an offer to the vendor. This ensures that you're well-positioned to proceed swiftly, given the anticipated high demand for this business**

The store is in excellent condition and offers the customer a good experience with well laid out shelving and a freestanding sales counter with two points of sale. The store operates as a supermarket and sells a wide range of items including household products, confectionary, alcohol, tobacco, DIY products, chilled and frozen produce and fruit and fresh vegetables.

The store is unopposed and has huge turnover of £18,000 per week on average. The site is operating under a reputable symbol group.

REASON FOR SALE:
* Our client has run the store successfully and are now offering for sale due to other business committments.

THE OPPORTUNITY:
* Approximate 4068.76 Sq ft trading area
* Ideal owner managed or family business
* Ideal trading position and large car parking included
* Freehold opportunity

TURNOVER:
* We have been advised by our client that the counter sales on average are £18,000 per week

OTHER COMMISION RECEIVED:
* Post Lockers - £1,400 per year

LOCATION:
* The property is nestled between adjacent neighbourhoods on a main busy road in a residential area. It has great bus access and serves the community well.

*The premises sits within a selection of other go-to stores including a hairdressers and a primary school.

TRADING HOURS:
* Monday - Sunday 7:00am - 9:00pm

STAFF:
* The business is family run with Two part time and Two full time members of staff.

TENURE:
*Freehold.

INTERNAL:
* The store also benefits from 16 Channel CCTV and an alarm system. To the rear of the building there are staff toilets, a lounge area, kitchen and the stockroom.
* Internal Cash machine with no charge.
* Air-conditioning.
* Epos Till system.
* Led Lighting
* Walk in Freezer & Chiller to rear of the shop

EXTERNAL:
* The site includes its own private land of a car park up to 30 cars.
* Delivery access to the side of the store which direct access to the stock room.
Secure gated Outdoor building for additional storage /

ACCOMMODATION:
* A proposal has been submitted to the local authority for the construction of six residential flats on the first floor. This project presents an excellent investment opportunity with guaranteed rental income.

GROUND FLOOR SHOP PLAN:
* The ground floor of the premises boasts a large retail sales area with an impressive 378 sq. metres. (4,068 Sq. ft.). and is offered in excellent condition.

BUSINESS RATES:
* Purchasers should enquire with relevant local authorities to confirm the rates payable.

FIXTURES & FITTINGS:
* The business is well-fitted throughout and a valuable inventory of equipment will be included in the sale such as:
* 5 X Double Door Chest Freezer
* 1 x Open Beer Chiller
* 1 X Closed door Chiller
* 1 X Photobooth
* CCTV
* Coffee Machine
* Slush Machine
* Wall's Triple Stack Freezer
* 3 x 3 Meter chillers

REGULATORY:
* Premises licence

LEGAL COSTS:
* Each party to be responsible for their own legal costs in connection with the sale.

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

VIEWING ARRANGEMENTS:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR.
*Our clients have requested for us to obtain proof of funds from applicants before the full address details are disclosed*

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

Property Information

Property:

Freehold

Other Information

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