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BUSINESS REFERENCE : 10427 / RightBiz LEASEHOLD CONVENIENCE STORE IN STAFFORDSHIRE | | | | | | Convenience Store Burton-upon-Trent, Staffordshire Prominent main road corner location T/O: £468,000 GP: 26% approx Spacious 3-4 bed accommodation Extremely profitable | | | BUSINESS LOCATION: | Burton on Trent Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £120,000 + SAV | ANNUAL RENT: | £13,500 | | | | | | | | | | | BUSINESS DETAILS: | Horninglow Food & Wine is located in a prominent position on one of the main routes into Burton-upon-Trent. The business occupies exceptionally large premises that boast a wide frontage. Parking is available in front of the business and on the many side roads. The business is surrounded by several industrial parks and factories. The prominent frontage generates a huge amount of passing trade due to the many commuters travelling into the town, in addition to this the local area is densely populated with privately owned housing. Burton-upon-Trent is a large town in the east of Staffordshire, and is home to many large companies such as Pirelli and Coors brewers, attracting a huge number of employees to the area on a daily basis.
Bag a Business is delighted to offer for sale this extremely profitable business that provides the prospective purchaser with spacious and well presented three/four bedroom living accommodation. Horninglow Food & Wine has been under the careful ownership of our clients for the past 6 years, during which time they have overseen an increase in turnover to its current healthy level of £468,000 per year. This is accompanied by an impressive 26% gross profit. The turnover is derived from the sale of convenience goods, alcoholic beverages, cigarettes, magazines and of particular note is the fact that the shop is one of the most successful firework retailers in the area. The business has a loyal customer base comprising local factory employees, residents, school children and commuters. Horninglow Food & Wine is exceptionally well presented and boasts recently refurbished living accommodation as well as a trading area to rival any independent convenience store. The business is only being placed onto the market to allow our clients to focus their efforts towards a thriving unrelated internet business. We feel that this would offer a new owner an excellent base to build upon by possible re-branding the store, introducing deliveries and by extending opening hours.
FINANCIAL DETAILS
W/T: £9,000 approx.
GP: 26% approx.
OPENING HOURS
Mon - Fri: 8:30am - 10:30pm
Sat - Sun: 9:00am - 10:30pm
ACCOMMODATION DETAILS
Two storeys building of brick construction situated underneath a pitched tile roof. Briefly comprising:
GROUND FLOOR
Open plan retail trading area
Large dairy/convenience/drinks display chiller
Wide counter with electronic till and pay point
Perimeter shelving and racking
Free standing display gondolas
Office/baked goods prep area
Two large storerooms
FIRST FLOOR
Living accommodation briefly comprising:
Kitchen/diner
Family bathroom
Lounge
Dining room/fourth bedroom
Two double bedrooms
One single bedroom
TENURE
Leasehold
Original lease length: 25 years
Remaining lease length: 21 years
Review every 3 years
Rent: £1,125 per month | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10427 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
