Unopposed Convenience Store, St Neots | | Eaton Socon Cambridgeshire | | * £8000 weekly sales net of vat * 22.5% GP Margin * Leasehold (£13,000 Per annum) * 2 bedroom flat (let for £550 pcm) * 700ft2 sales area * Unopposed residential location Lease to let or rent Unopposed Convenience Store, St Neots is located in Cambridgeshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 35295
ADVERT IMPRESSIONS : 10,411 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Private Sale | LEASEHOLD: | £100000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Situation
The property is situated within a large residential housing development in Eaton Socon which is a district of St Neots in Cambridgeshire. The business trades alongside complimentary businesses. St Neots is the largest town in Cambridgeshire with a population of 27,000. The area has excellent transport links being located on the A1 which provides links to Peterborough in the North and London to the South. The A14 is just to the North and provides excellent routes to the Midlands. There is a good rail service from Peterborough via St Neots to London taking 40 minutes to Kings Cross. The property
A single fronted shop situated on the end of a 1980’s designed retail parade with self contained 2 bed flat above. Internal details
Sales area in the region of 700ft2 and equipped with a 1 position sales counter with cigarette gantry behind, suspended ceiling and tiled floor. Other equipment in the shop includes a 2.5 meter dairy chiller, 3 x double coca cola drinks chillers, x single coca cola chiller, 1x double stella drinks chiller and 1x double irn bru chiller. There is also a 2m chest freezer, 1x 2.5 m dairy chiller and 1x walls ice cream freezer. There are also various gondolas and shelving units. Ancillary areas
Stock room, staff wc, and office circa 350ft2. This area leads to a self contained rear yard which is used for deliveries, rubbish storage and parking for all the units in the parade. Accommodation
Self contained 2 bedroom flat with separate access located at the rear of the parade. The flat is currently let on an assured shorthold tenancy for £550 per calendar month. The Business
The business has been owned by our clients for over 19 years and is only coming onto the market due to our clients’ wishes to retire. We feel that trade can be increased further by trading longer hours during the weekend, introducing National Lottery ticket sales, news delivery and more fresh and convenience lines. Trading information
We are advised by our client that weekly sales are approximately £8,000 net of VAT. Profit and loss accounts show a gross profit margin of 22.5% for year ending 30th April 2007. Full trading accounts and VAT returns will be provided following a formal viewing. Trading hours
Monday to Friday 6am – 9.30pm (closed 2pm – 3pm)
Saturday 6am – 9.30pm
Sunday 7am – 2pm & 7pm – 9pm
Fixtures & fittings
We are advised by our client that all items excluding the Coca Cola chillers are owned outright and will be transferred with the sale. A full inventory will be provided by the vendor’s solicitor prior to exchange of contracts. Staff
The business is currently run by our client with the assistance of family members
Tenure details
The premises are held on a lease with 2 years left to run. Current rent is £13,000 per annum exclusive. The landlord is more than happy to liaise with the new owner to create a new lease on similar terms. Current business rates payable are £1500 per annum. | | | | | | FOR SALE | | | | | REFERENCE: | 35295 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
