Shop

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 clients are selling due to other business interests.

THE OPPORTUNITY:
-Main road location
- High Turnover
-Ideal for new entrant or existing operator
-Further income could be generated by adding services

LOCATION:
- The store enjoys an excellent location on a busy main road upon local bus routes attracting significant traffic.
-The store enjoys an excellent location on the main road with parking for customers, attracting significant traffic.
-The surrounding residential area provides a strong customer base, and the presence of various nearby businesses which enhances the potential for high footfall.

TURNOVER:
- We have been advised by our client that the weekly counter sales on average are £12,000

TENURE:
The business is sold on an assignment of an existing lease with 7 years left and is renewable

TRADING HOURS:
Currently open 10am-2am monday to sunday
Licensed hours are 6am-3am

STAFF:
The business is managed by the owner however they also have 2 staff members.

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

INTERNAL:
-The ground floor of the premises boasts a large retail sales area with a stock room/W.C. and is offered in excellent condition.
-CCTV

EXTERNAL:
-The store is well presented and maintained, with clear visible signage
-The shop has parking directly outside offering convenience for customers

RENT:
£1,400 PCM

BUSINESS RATES:
£1,200 P/A

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

Tenure: Leasehold (7 years)