Freehold Unopposed Village Store With First Floor Apartment | | Undisclosed Worcestershire | | WORCESTERSHIRE UNOPPOSED VILLAGE STORE WITH FIRST FLOOR ACCOMMODATION Main road location in affluent village S/C 1 bed apartment A/T: £120,000 ADJ NP: £26,000 Scope to extend hrs /lottery & paper rounds F/H: £270,000 +SAV REF: 9848WR | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56637
ADVERT IMPRESSIONS : 10,804 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | General Stores | | SALE: | Agent Sale | FREEHOLD: | £270,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The premises have a high visibility, main through road location, in the heart of an affluent village set in Worcestershire.
HISTORY
• Originally founded over 50 years ago, the present vendors have owned the business for over 2 years
REASON FOR SALE
• They want to start a family
PRODUCTS
The store stocks most items you would expect to find in a typical village shop, including:
• Newspapers and magazines
• Greetings cards and gift wrap
• Cigarettes, beers, wines and spirits
• Confectionery, cakes, bread and biscuits
• Dairy products
• General household products
• Soft drinks
• Frozen foods
• Local butchery products including meat joints, chicken fillets, faggots, pies and pasties
• Locally produced fruit and veg
CUSTOMERS
• All from the local village
SERVICES
• Window cards displaying local services and items for sale
• Microwave pies and pasties
SUPPLIERS
• The local cash and carry will make deliveries to the area for no charge, providing the order is in excess of £500
STAFF
• Vendor full time and her husband approx 14 hours per week and her mum approx 8 hours per week
TRADING HOURS
• Mon, Tues, Thurs & Fri 7.30am – 6pm
• Wed: 7.30am to 12.30pm
• Sat: 7.30am to 1pm
• Sun: 8am – 12pm
FINANCIALS
• Annual Sales: Circa £120,000
• Net Profit: Circa £26,000
• Stock holding £5,000
PREMISES
• Attractive and spacious premises with the shop on the ground floor and living accommodation on the first floor, it briefly comprises:
• Shop – centre opening door into the store, tiled floor, suspended ceiling, side product shelving, veg table display, eggs, cakes and bread table display, cocoa cola hiller, 2m open chiller, chest freezer, wine fridge, microwave. Rear corner counter with back cigarette and spirits on display. Rear stores, w/c and exit to garden
• The premises are fully double glazed, alarmed and has a 2 camera CCTV system
• There is a very large rear garage which with some improvement could be converted for additional storage
• Separate self contained first floor apartment comprising:
- lounge
- large double bedroom
- refitted kitchen and bathroom
STRENGTHS
• Very well established
• Nearest competitor is over 3 miles away
• A low overhead business
• Good gross margins
• Very good presentation
SCOPE
• Apply for the lottery
• Open more hours
• Have paper rounds – many in the village have requested it
• Apply for Pay Point
• Increase the product range
• Extend the shop to the rear
TENURE
• Freehold
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9848WR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
