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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 5,093 TIME(S)
BUSINESS REFERENCE : 8820 DE / RightBiz

8820 DE-DERBYSHIRE-£125,000-LARGE CONVENIENCE STORE WITH UNUSED SHOP

 

 
LARGE CONVENIENCE STORE WITH UNUSED SHOP DERBYSHIRE REF: 8820 DE ASKING PRICE: LEASEHOLD: £125,000 + SAV

BUSINESS LOCATION:

Undisclosed Derbyshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£125000
   
 
   

BUSINESS DETAILS:

Advent Business Sales is pleased to offer to
the market this extremely well established
convenience store, which has been trading
successfully since 1983.
The current vendor has been in constant
ownership from this time but is now
reluctantly selling due to a need to retire.
Our client, over the years, has steadily grown
the business and enjoys an excellent
reputation in the local area.
With the opportunity of adding number 19
to the shop on 15/17, the size would become
a very useful 1500 sq ft of selling space.
This makes it very interesting to the groups
with their ‘local mini markets’. The vendor
will consider selling just 15/17.
A very useful, indeed desirable aspect of the
business, is the very large storage area which
has been grown to make use of bulk buying
over the years, added to which a rear loading
bay so that lorries can drop their loads
without problems of traffic congestion.
Present items of sale include:
• Packaged , frozen and fresh foods
• Dairy products
• Household items
• Pet requirements
• Greetings cards
• Wines, beers and spirits
• Soft drinks
• Stationery
• Sweets, snacks and ices
• Spices, condiments and pickles
• Breads and cakes
• Branded medicinal needs
• Bagged household coal
• Tobacco products
• Top up and payzone
Stock at cost is approximately £40,000 -
£50,000.
STAFF DETAILS
Two full time (including the owner) and 3
part time employees staff the business.
TRADING HOURS
Mon – Fri: 8.15am – 10.00pm
Sat: 9.00am – 10.00pm
Sun: 10.00am – 10.00pm
EXPANSION POTENTIAL
This is an ideal candidate for a Sainsbury
local or a similar shopping configuration.
There is additional potential to increase
turnover with news/magazines, lottery,
paypoint and a bigger dairy offer and longer
opening hours.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £9,000 - £10,000
Gross Profit: 24%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Numbers 15 and 17: This makes up a large
double fronted shop with doorway near the
centre.
The left hand is a counter and till with rear
cigarette gantry and spirits down the left
hand side is an ‘off licence’ of beers, wines,
ciders and lagers.
To the right hand side is a chilled dairy
display and cold soft drinks display. In the
centre there is a large gondola with frozen
food in it.All around these noted areas are
the other items on offer. Racking is clean
and presentable; goods are tidy and well
ordered.
Top ups and payzone are available from the
counter and an ATM machine is also
provided. There is air conditioning in the
shop area, CCTV is evident and the shop has
electrically powered steel shuttering.
At the rear of the shop are there very large
storage areas and staff w/c and kitchen
area. Both rear storage areas have separate
roller shutter loading bays leading to a rear
yard and double steel doors onto the back
street.
The first floor contains a very large family
accommodation consisting of a kitchen,
bathroom/w/c and five separate rooms – an
ideal family quarters.
No. 19: This is a separate shop next door,
currently empty, which could be added to
number 15 – 17 to increase the size to 1500
sq ft and consists of a shop at ground level
approximately 25ft deep by 14ft wide at the
front. There is access to a cellar which may
or may not be required. To the rear of this is
a w/c/stock room area and a staircase
leading up to a flat.
First Floor contains a large lounge area,
bathroom, kitchen and a double bedroom.
.
.
This could be rented out separately
All the properties are flagged to the roadway
TENURE: Leasehold but
freehold considered
Original lease: 12 years
Remaining lease: 12 years
Review every: 3 years
Rent: £30,000 –
all three shops plus the upstairs flats, or:
15-17: £20,000 inc flat
19: £10,000 inc flat
We are advised that the annual business
rates are currently: £2742 (numbers 15 – 17)
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
   
  FOR SALE
   

SELLER:

ADVENT BUSINESS SALES

CONTACT:

0844 8009092

REFERENCE:

8820 DE / RightBiz

ENQUIRIES:

 
 
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