A profitable convenience store is located in the heart of Cleethorpes. The store has been owned by current owners for 25 years. The store is located on the busy main road into Cleethorpes. The store has recently undergone a full renovation and taken on the new Todays banner. Local cash and carry with good supply. Items within the store are Pay Point, Lottery, and Internal ATM.
The store is covered with CCTV inside and out. Air conditioning to keep a nice temperature within. The owners use EPOS to control stock, orders, leakage, and profitability. The store's open times are 7 days a week, 6 a.m.–9 p.m.; this could be extended to 10pm.
The rent for the store would be on a new 15-year lease for a reasonable £12,500 pa. Parking: There is parking for 1 car on the front of the property. The property could come with the upstairs residential. This is a 4-bedroom property currently being let as a HMO. The owners are willing to let this go at a further rent. Please message me if you need more details on the rental revenues from this property. I believe there could be room for growth in extending the alcohol license to meet the store's opening hours.
This would be an easy store to manage, and the current owners are local and are willing to help/guide any buyers who are new to this sector. If you feel we have missed anything, please message us and we will quickly respond. If you are aware of the store's location, please be discreet towards staff when visiting. The sellers would like the opportunity to personally tell the staff when a deal is agreed upon. Note: normal Toupee rules will apply.
The sellers would like to sell the LTD company with its 25-year trading history, which will come with personal guarantees for any outstanding. The sale of the company is an option; this saves all the hassle of changing lottery, pay point, etc. into new owner names, as these are all trading in the LTD. If you don’t understand this point again, feel free to reach out, and we can give guidance.
