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Well Established Convenience Store For Sale

Wirral, Merseyside, UK
Asking Price:
£165,000
Turnover:
£484,834
Net Profit:
Available on request

Business
Please Quote Reference B06150

Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Village Shop which is a well-established General Convenience store with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

There has been a grocery type business at these premises for nearly 100 years and the current owners have run it successfully and lucratively for the last 20 years or so during which time it has flourished and become a real part of the local landscape and accrued a fantastic reputation. The business has loads of regular customers, many of whom are known on a first name basis by the current owners who are popular and well-respected members of the local community.

This wonderful business is now being sold, albeit reluctantly and with heavy hearts only due to the owners wishes to enjoy a well-earned retirement and possible change of direction, they are keen to see their beloved convenience store pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

The Village Shop is extremely well stocked and offers a wide range of product including:
Tobacco and vaping products
Confectionery
Newspapers and magazines
Bramble Foods with award winning jam, chutneys, and marmalade’s
Snowdonia Cheeses with award winning Black Bomber Hogan’s Sausages
Chilled soft drinks
General groceries
Ice creams from Cheshire Farm
Crisps and snacks
Household Goods
Greeting cards and Wrapping Papers
Stationery
Slushy Machine

Additionally, the business has an impressive weekly news bill of approximately £4500 with 8 news delivery rounds and a lottery terminal which takes roughly £300 per week.

Scope to Improve

Advertising and marketing campaign
Extend the opening hours
Possibility to apply for an alcohol licence.
Install a Paypoint/ Payzone terminal
Consider additional income generators such as parcel services.

Reasons to buy

A well-established business with an enviable reputation and loads of existing customers
No competition locally
Prime trading position in the centre of a densely populated residential area
Low running costs with inexpensive rent and no business rates
Current owners happy to offer a handover to ensure the continued success
Ideal owner managed or partnership business
Priced to sell…the first to view should buy!

Hilton Smythe highly advises early enquiry to avoid disappointment

This exceptional business is likely to attract considerable interest.

Location
Heswall is a town on the Wirral in the county of Merseyside. Located on the eastern side of the Dee Estuary, with views across the river to North Wales, Heswall is about 20 minutes’ drive from the Roman city of Chester and about 20 minutes’ drive from Liverpool. The towers of Liverpool’s Cathedrals can be seen on the horizon from high ground.

Heswall bus station is owned and managed by Merseytravel. The bus station consists of four stands. The main bus operators at Heswall are Arriva Northwest, Avon Buses, A1A Travel and Stagecoach.

The Village Shop occupies a prominent corner position. The business is housed in an attractive period style building and is well signed and presented. There is ample free parking immediately outside.

The area surrounding The Village Shop is a mainly residential one with a mix of housing types, the business therefore benefits from high levels of footfall with an impressive number of regular customers.

Premises
Ground floor premises, windows and glazed door to front creating a light, airy and inviting interior, suspended ceiling with concealed lighting, carpet flooring, perimeter shelving, stationery shelving, glass fronted drinks chiller, glass fronted cheese & meats chiller, Lotto stand, magazine and newspaper racking, bespoke greeting card racking with wrapping paper beneath, revolving card carousels, counter with wrapping area and till etc.

Tenure
We have been advised the business is being sold on a Leasehold basis at £542 per month, there is 4 years remaining on the current Lease.

Hours
We are advised the business hours are as followed:
Monday - 8am - 1pm

Tuesday - 8am - 1pm

Wednesday - 8am - 1pm

Thursday - 8am - 5pm

Friday - 8am - 5pm

Saturday - 8am - 1pm

Sunday - 8am - 12.30am

Staff
We are advised the business has 6 Part Time staff members.

Financial Profile
We have been advised as per the --------- Accounts the business genereated in the region of £480,000

Further financial information can be made available upon request.

Please Quote Reference B06150

Property Information

Property:

Leasehold

Contact Hilton Smythe

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