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Very Established Convenience Shop Prominent Trading In Telford For Sale

Telford, Shropshire, UK
Asking Price:
£89,000 Furniture / Fixtures included
Turnover:
£442,000
Net Profit:
Available on request

We are excited to present this excellent opportunity to purchase a well-established busy convenience shop, which is well fitted and presented to a high standard.

The business is situated in a prominent trading location close to the town centre.
The current owners have run this business for 8 years now and are looking to sell due to pursuing other business interests. However, the shop itself has been established for 50 years plus and therefore has a very good repeat customer base.

The business offers for sale Beers, Wines and Spirits, Tobacco, Confectionery, General Groceries, and Sundry Lines.

Premises:
Shop size is approx. 800 sq ft (square foot). Double fronted shop, which is well fitted for the trade, it has two 4 metre Arneg open chillers, a one 1 metre open dairy chiller and 2 chest freezers.

Rear stock room and W.C, the total size of this area is 200 sq ft.

This shop also benefits from CCTV and a free parking area.

Accommodation:
This is a lockup shop with a 2-bed accommodation option available. Please see below the Rent section for further information.

Our Client Informs Us That:
Takings and Profitability:
The retail takings are £8,000 to £9,000 per week average. The minimum weekly sales are £8,000.

The following are in addition to the above weekly sales:
Lottery commission - £100 to £150 per week.
Newspaper - £300 to £400 per week.

Trading Hours:
6:00am - 8.00pm Monday to Saturday
7:00am – 8:00pm Sunday

Staff:
This is a family run business.

Tenure:
This is a leasehold business with a new lease option of 15 years.

Rent:
Lockup shop only – £12,000 per annum.
Shop including accommodation option - £15,600 per annum.

Business rates: £0.00, small business relief available.

Price:
£89,000 plus stock at valuation (or near offer) for the Lease, Business, Fixtures and Fittings.

Please note the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.

Viewing is highly recommended, strictly via agent only.

Please note the average weekly sales of £8,000 to £9,000 are calculated as an average over 52 weeks

Property Information

Property:

Leasehold

Lease Terms:

15 years

Living Accommodation:

This is a lockup shop with a 2-bed accommodation option available. Please see full description rent section for further information.

Location:

The business is situated in a prominent trading location close to the town centre.

Business Operation

Reasons for selling:

other business interests.

Trading hours:

6:00am - 8.00pm Monday to Saturday
7:00am – 8:00pm Sunday

Employees:
0
Years established:
50 years plus

Contact Mailbox Estates

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