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BUSINESS REFERENCE : 8853 / RightBiz LEASEHOLD CONVENIENCE STORE/ NEWSAGENTS FOR SALE IN COUNTY ANTRIM | | | | | | Convenience Store/Newsagent Belfast, County Antrim. T/O: £600,000. GP: 20%. Busy city centre convenience store. High daily footfall. Scope for growth. | | | BUSINESS LOCATION: | Undisclosed County Antrim UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £125000 | ANNUAL RENT: | £15132 | | | | | | | | | | | BUSINESS DETAILS: | Location
This busy convenience store is situated in a prime location within a parade of shops in the heart of Belfast, Co Antrim. There is an extremely high daily footfall and this accounts for the day to day trade of the business. There is ample car parking available in the nearby car parks of the town. Belfast is very much an up and coming city and the area in which the store is located is experiencing large amounts of inward investment. It is served by the George Best Airport, which is just 10 minutes away and the international airport 20 minutes away.
Business History
Bag A Business is delighted to offer for sale this busy city centre convenience store. The business was established in 1990 and has been under our client's careful ownership since 1992. It is only now being offered to the market due to our client's wish to retire. The shop receives a huge amount of passing trade, due to the excellent location and as a result is achieving very healthy figures. Turnover is currently in the region of £600,000 per annum with a gross profit of approximately 20%. Rents are incredibly low for such a central site at just £15,000 per year, which gives any prospective retailer a head start on the competition. Whilst the shop is doing well, we feel that there is room for improvement by introducing a hot food counter as it is a great site from which to offer breakfast and lunches. It would also benefit from the introduction of the National Lottery and Payzone. We feel this is an ideal business for independent retailers and symbol groups alike and expect interest to be very high. Bag A Business urge early viewing to avoid disappointment.
FINANCIAL DETAILS
T/O: £600,000 approx
GP: 20% approx
OPENING HOURS
Mon - Sat: 7.00am - 7.00pm
Sun: Closed
PROPERTY DETAILS
Ground floor, city centre retail unit with CCTV, briefly comprising:
GROUND FLOOR
. Tiled floor
. Suspended ceiling
. Shelving to the walls
. Dairy refrigerator
. Coke refrigerator
. Dale farm ice cream refrigerator
. Nescafe coffee dock
. Greeting card display
. Counter with confectionery display and cash register
. Store
. Kitchen
TENURE
Original length: 12 years
Remaining length: 4« years
Rent: £291 per week | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8853 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
