| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 7,120 TIME(S)
BUSINESS REFERENCE : 8835 NG / RightBiz 8835 NG-NOTTINGHAM-£95,000 LEASEHOLD-CONVENIENCE STORE | | | | | | CONVENIENCE STORE NOTTINGHAM REF: 8835 NG ASKING PRICE: LEASEHOLD: £95,000 | | | BUSINESS LOCATION: | Undisclosed Nottinghamshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £95000 | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales is pleased to offer to
the market this extremely well established
convenience/grocery store which has been
trading successfully for about 27 years.
The current vendor has been in ownership for
the last 2½ years but is now selling due to
obtaining his university degree and wanting
to set up a professional business.
Our client has achieved an enviable weekly
turnover without selling alcohol or pork
products due to religious reasons, a detail
that a new owner might wish to add to the
business.
On offer is an excellent array of goods, such
as:
• Frozen food
• Tinned and dried foods
• Sauces and spices
• Dairy products
• Soft drinks and juices
• Snacks and sweets
• Vegetables
• Breads and cakes
• Tobacco products and patent
medicines
There is also a sizeable offer of household
goods and toiletries.
The shop also offers top ups and a good
offering of Afro Caribbean and Polish foods
including Polish bread that is delivered on a
daily basis.
Stock at cost is approximately £10,000.
Two full time (including the owner) and 2
part time employees staff the business.
REF: 8835 NG
TRADING HOURS
Mon - Sat: 8.00am – 8.30pm
Sun: 9am – 8pm
EXPANSION POTENTIAL
Any person taking over this shop and
expanding into the off licence trade, as well
as selling pork products, particularly aimed
at the Polish population, as well as lottery
would ‘clean up’ in the area, adding gas and
electricity to the top ups would also increase
turnover.
There is an empty shop next door also owned
by the same landlord, which would be ideal
to expand into to facilitate the off licence,
this would considerably increase the shops
turnover, particularly if it sold Polish beer.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £6500 plus £1100
top ups at 4%
Gross Profit: 27%
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
Our clients shop occupies a very prominent
corner site.
The door is on the corner and opens up to a
large very well stocked shop, which is both
clean and tidy, a credit to the owners house
keeping.
To the left is the bread/cake offer followed
by fresh fruit and veg.
On the left rear wall are two vertical soft
drinks fridge’s, followed by a 1.5 meter dairy
display.
Near to the front of the store are two
approximate 3 metre frozen food gondolas.
The till is by the door and to the right. At
the farside of this is a doorway into the
stockroom.
The rest of the shop is well ordered and
shelved with other offers previously
mentioned.
As details before there is a rear stock room
with w.c and a back entrance. There is also
a very large dry cellar under the shop for
bulk buy storage.
The shop is paved to the roadway on both
sides.
TENURETENURE: Leasehold
Original lease: 15 years
Remaining lease: New full lease
available
Review every: 3 years
Rent: £609 per month
We are advised that the annual business
rates are currently: £1100
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: | 8835 NG / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
