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Popular Convenience Store In Residential Location For Sale

Tutbury, Staffordshire
Asking Price:
£26,995
Turnover:
£260,000
Net Profit:
Available on request

Business
The business has been operating for over 30 years and by the current vendor for approximately 3 years with the benefit of a loyal local customer base with no surrounding competition.

The business stocks a range of basic amenities including newspapers, bread and milk a range of frozen foods, packet and tinned food, ice creams as well as tobacco, beers wines and spirits and other household essential’s; all displayed throughout the store in a row format.

The business also operates a Lottery machine, Payzone service and cashpoint machine which have proven extremely popular with the local residence and helped to maintain a strong and active footfall.

A good range of confectionery is available as well as crisps and soft drinks. There is an opportunity to expand the food offering further as well as expanding the solid fuel offering, increasing the social media presence and offering a home delivery service to elderly and infirm residents living locally.

Location
Located at the top of Park Lane in the thriving village of Tutbury. The business has the benefit of parking outside the store to the front as well as plenty of on street parking within the vicinity.

Excellent location for passing trade in and out of the village as well as regular local trade from the surrounding residential area.

The business is situated on a main bus route running in and out of the village.

Premises
Located at the top of Park Lane in the thriving village of Tutbury. The business has the benefit of parking outside the store to the front as well as plenty of on street parking within the vicinity.

Excellent location for passing trade in and out of the village as well as regular local trade from the surrounding residential area.

The business is situated on a main bus route running in and out of the village.

Tenure
We are advised the business is being sold as a Leasehold opportunity with a passing rent of £800 per calendar month.

Hours
Opening hours to be advised.

Staff
The business is run and managed by the current vendor with family assistance.

Financial Profile
We are advised the business is currently turning over in the region of £5,000 per week.

The business is exempt from business rates.

Newsheet is £180 per week
Lottery is £400 per week.
Payzone between £250 & £300 per week.

Property information

Property:

Leasehold

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