Convenience Store And Post Office In Gloucestershire | | Colefords Gloucestershire | | T/O: £262,463 GP: 21% Potential to expand business Ideal village location Well-respected Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 53855
ADVERT IMPRESSIONS : 6,157 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | FREEHOLD: | £279,995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Corner Store is ideally located in a prime corner position on a busy main road in Milkwall, which is a suburb of Coleford, Gloucestershire. The business is situated within a densely populated residential area and enjoys ample free on-street car parking with a bus stop directly outside the premises. Milkwall is a picturesque village with a strong community feel and the Corner Store is at its centre. The village sits on the outskirts of the Forrest of Dean and enjoys easy access to Coleford and the A4136 to the north. Monmouth is approximately 6 miles away where the A40 connects to the M50 motorway at Ross-on-Wye. Gloucester and the M5 motorway are approximately 22 miles to the east, with Cheltenham around 27 miles distant. The A40 also offers good access to Junction 24 of the M4 motorway, close to Newport.
Business History
Preferred Commercial is pleased to offer for sale this highly regarded convenience store and Post Office, which was established in 1930 and owned by our clients since 2006. The business is only now offered to the market due to our clients' desire to relocate. The large premises are well-equipped for the trade and boast attached 3-bedroom owner's accommodation with private parking for 2 vehicles. This popular store stocks a wide variety of groceries along with newspaper, magazines, cards and ice creams. We feel the turnover could be further increased by extending the opening hours and stock. The new owner could apply to sell National Lottery Tickets and Scratch Cards. If desired, application to license the premises for the sale of alcohol is also a consideration, as an alcohol licence is already in place. This is an ideal opportunity to acquire an already profitable business with plenty of scope to expand the business and improve turnover. Early internal inspection and negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £262,463 pa approx.
GP: 21%
Opening Hours
Mon - Sat: 6.30am to 6.30pm
Sun: 7.00am to 1.00pm
Accommodation Details
Semi-detached village shop with attached owner's accommodation, double glazing, central heating, CCTV and alarm system in main road position. Briefly comprising:
Ground Floor
• Sales area with central aisle grocery displays, ice cream freezer, 2 x crisps displays, 2 x shingle chillers, 2 x double chillers, 2 x card spinners, 3-metre magazine and news display, stationery display, card and gift wrap displays, serving counter with EPOS cash register and tobacco gantry to rear.
• Single position Post Office counter, fully equipped for trade
• Doorway through to owner's accommodation, which has parquet flooring throughout
• Kitchen with wall and base units, gas hob and oven, dining table
• Door through to external lean-to used for storage
• Lounge with feature fireplace and exposed beams
• Dining room
• Double bedroom
• Single bedroom
• Bathroom with tiled walls and flooring, bath, wash basin and WC
First Floor
• High-quality loft conversion comprising double bedroom with 2 x sky-lights and en-suite facilities comprising shower, wash basin and WC
External
• 2 x car parking spaces to front
• Garage
• Yard to rear
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 1982 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
