Sold STC

Shop

Freehold Supermarket with HUGE potential and TWO Flats


£575,000 OIRO

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 is unopposed and has huge potential to increase sales, by extending the opening hours beyond 7.00pm, operating under a symbol group, adding other product lines and possibly home delivery.

Reason for sale
* Our client has run the store successfully for over 38 years and are now offering for sale due to genuine retirement.

The opportunity
* Same owner run for more than 38 years!
* Two vacant flats included
* Ideal owner managed or family business
* Ideal trading position
* Post office included

Turnover
* We have been advised by our client that the counter sales on average are £7,000 per week with huge scope to increase by increasing product range or trading hours.

The post office remuneration is approximately £1,200 per month offering limited services ( one counter ) but can add more for a higher salary.

Location
*The property is nestled between adjacent neighbourhoods just outside the city centre. It has great bus access and serves its community well.

*'The premises sits within a selection of other go-to stores including a pharmacy, hairdressers and takeaway restaurant.'

Trading Hours
* Monday - Saturday 7:00am - 7:00pm
* Sunday 7:00am - 3:00pm
* The store operates on very convenient trading hours and is licenced to close til late.

Staff:
* The business is family run with one part time member of staff.

Tenure:
* The Freehold is offered for sale.

Internal:
* The store also benefits from 16 Channel CCTV and an alarm system. To the rear of the building there are two staff toilets, a lounge area, kitchen and the stockroom.

External:
* On street customer parking to the front / rear.
* Delivery access to the side of the store which direct acess to the stock room.

Accommodation
*There are two flats included with the first offering a kitchen, bathroom, and four spacious bedrooms.
*The second flat includes a three bedroom, kitchen and bathroom.

*Both flats have their own seperate access, securely gated and have their own central heating / boiler.

*Both flats are vacant and can be rented for around £600 - £700 Per month each for extra income OR staff / the owner to live in.

Ground floor shop plan
* The ground floor of the premises boasts a large retail sales area with an impressive 446 sq. metres. (4800 Sq. ft.). and is offered in good condition.

Business Rates:
* Purchasers should enquire with relevant local authorities to confirm the rates payable.

Fixtures and Fittings
* The business is well-fitted throughout and a valuable inventory of equipment will be included in the sale.

Regulatory
* Premises licence
* Post Masters 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.

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

Mailbox Estates highly advise early viewing to avoid disappointment.

Tenure: Freehold
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