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Related Ads > Nottinghamshire Business for Sale > LConvenience Stores to Lease > Convenience Stores in Selston for Sale 

Convenience Store In Nottinghamshire

Selston Nottinghamshire
Convenience Store Selston, Nottinghamshire T/O: £145,600. GP: 19.6% Infinite scope for growth. Ideal lifestyle opportunity. Highly versatile opportunity.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 13494
ADVERT IMPRESSIONS : 9,556 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

FREEHOLD:

£299,000 + SAV

LEASEHOLD:

£9,950 + SAV

ANNUAL RENT:

£7,000
 

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BUSINESS DETAILS:

This well proportioned convenience store is situated in the heart of a housing estate in Selston, Nottinghamshire. The village has a good range of amenities and the shop itself has limited competition. Selston itself is situated between junctions 27 and 28 of the M1 motorway and is within easy reach of Nottingham East Midlands Airport.

Bag A Businessis delighted to offer to the market this excellent convenience store. There has been a business on the site since the 1970s, and it has been in the careful ownership of our client since 1987. It is only now offered for sale due to family pressures following a bereavement. Annual turnover is currently in the region of around £147,000 with a gross profit of 19.6%. The business could easily be grown to its former levels by increasing stock levels, expanding the range and extending opening hours. We feel that this is an exceptionally versatile business and strongly recommend early viewing.

FINANCIAL PROFILE
W/T £2,800 (approx.)
GP 19.6%

OPENING HOURS
Mon - Sat 8.30am - 1.00pm &
3.00pm - 8.30pm
Sun 10.00am - 1.00pm &
5.00pm - 8.30pm

PROPERTY DETAILS
Single storey convenience store. Briefly comprising:

GROUND FLOOR
Spacious main sales area
Racking and shelving to suit trade
Central aisle gondolas
Chilled display cabinets
Deep freezers
Cigarette gantry
Retail counter with cash register
Confectionery display

EXTERNAL
Rear yard

ADDITIONAL INFORMATION
The freehold is also available , to include a neighbouring 4-bedroom bungalow comprising of:
Spacious stock room with racking - could be utilised to extend retail area
W/C and washroom
Fully fitted kitchen with a range of base and wall units and dining area
Living/dining room
Hallway
2 double bedrooms with fitted wardrobes
Double bedroom
Single bedroom
Family bathroom
Shower room
Lounge with patio doors to garden
Garden to side of property with potential for development

Freehold price: £299,000 + SAV

TENURE
Leasehold
New lease to be negotiated
Rent: IRO £7,000 per annum
   
  FOR SALE
   

REFERENCE:

7468 / RightBiz
   
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