Convenience Store Off Licence In South Lancashire | | Billinge Merseyside | | Convenience Store Billinge, Lancashire T/O: £960,000 GP: 24.5% Scope to develop further Lock-up premises Ideally located Same owner since 1982 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54452
ADVERT IMPRESSIONS : 9,015 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £244,950 | ANNUAL RENT: | £17000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This Spar branded convenience store occupies a substantial detached single storey property situated between a filling station and a popular parade of complementary shops and businesses including a Post Office and pharmacy. There is ample parking in the vicinity and the business is on a main bus route. The parade is surrounded by a densely populated residential area. Billinge lies approximately 5.5 miles southwest of Wigan and 4 miles northeast of St Helens. The town boasts good road access with the A580 East Lancashire Road and the M6 motorway both approximately 2 miles away.
Business History
Preferred Commercial is delighted to offer for sale this well-established convenience store, which has been in our client's careful hands since 1982 and which is only now being placed on the market due to his wish to retire. This exceptionally well fitted Spar store generates a turnover in the region of £960,000 per annum with a gross profit of 24.5% derived from the sale of an extensive range of convenience items and alcoholic beverages, along with fresh fruit and vegetables and fresh meat. There is scope for a new owner to increase turnover further by introducing newspapers and magazines and perhaps extending the opening hours to cater for earlier mornings and later evenings. The retail area extends to approximately 1,600 sq ft with ample storage areas. We feel this is an ideal opportunity to acquire a thriving and well-established convenience store. Early viewing must come highly recommended.
Financial Details
T/O: £960,000 approx.
GP: 24.5%
Lottery: £3,500 per week
PayZone: £2,000 per week
Opening Hours
Mon - Fri: 9.00am - 9.30pm
Sat: 9.00am - 9.00pm
Sun: 10.00am - 9.00pm
Accommodation Details
Well-presented single storey Spar convenience store, situated in a popular residential area. Briefly comprising:
Ground Floor
• Main sales and display area fitted to suit trade with 3 aisles, 2 x centre gondolas, 3 x display freezers, ice cream freezer, sales display counter with 2 x pay points and slush machine
• Green grocery department, purpose fitted with mirror backed display units, refrigerated serve-over display counter, 3 x refrigerated dairy cabinets
• Fresh meat department, purpose fitted with large refrigerated serve-over counter behind which is a turbo fan-oven, chicken spit, chopping block, bacon slicer, 2 x cooked meat slicers, 2 x walk-in cold rooms, 3 x chest freezers, 2 x electronic scales and commercial stainless steel sink units
• Rear stockroom
• WCs
• Office
• Staffroom
External
• Parking forecourt
• Rear loading bay
Tenure
Leasehold
Original length:24 years
Remaining: 7 years
Review: every 3 years
Rent: £17,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2004 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
