Shop

Mailbox Estates offers a remarkable property opportunity to acquire a Convenience store with weekly sales of £18,000.

The store will suit a multi operator who is looking to build on the excellent foundation of the current operator or a first-time buyer who is looking to delve into the convenience sector.

REASON FOR SALE
*Our client, who has successfully run the store since 2009, is offering it for sale due to genuine retirement.

THE OPPORTUNITY
* Under the same ownership for over 15 years
* High Weekly Turnover
* Independently owned, Free of tie

LOCATION
*The store enjoys an excellent location on the bustling A4100, attracting significant traffic.

The surrounding residential area provides a strong customer base, and the presence of various nearby businesses, including pubs and schools, further enhances the potential for high footfall

TURNOVER
* We have been advised by our client that the counter sales on average are £18,000 per week with 30% margins.

*The owners have informed us that the shop has significant potential to increase turnover, as they currently do not run any promotions or special offers.

OTHER INCOME
Lottery sales of average £1,500 per week
WHSMITH - £350 per week News Bill counter trade only ( no newspaper delivery )

GROUND FLOOR SHOP PLAN
* The ground floor of the premises boasts a large retail sales area and stock room and is offered in good condition.

*Internally the retail trading area has a number of dedicated chillers and freezers around the perimeter of the shops trading area. The payment kiosk is located to the right-hand side of the entrance which showcase a range of alcoholic spirits and cigarettes. To the rear of the trading area is a large storeroom.

TRADING HOURS
* Monday - Saturday 5:00am - 10:00pm
* Sunday 6:00am - 10:00pm

STAFF
*The business is owner-operated by a dedicated husband and wife team.

TENURE:
The site is available under a new 20-year lease with a rent review every five years.

RENT:
Annual rent is £15,000.

TRADING INFORMATION
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

LEGAL COSTS
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are to be shared equally between the buyer and seller.

DEPOSITS
* Successful Buyer(s) will be required to pay a non-refundable deposit.

Business Rates and Service Charge:
* Eligible for small business rates relief, resulting in no business rates payable.