Convenience Store For Sale Reading | | Reading Berkshire | | • Fantastic W/T of £5000. • Licensed convenience store • Situated on shopping precinct • Consistent levels of high profitability and turnover • Ample scope for further development • Repeat and regular client base • Early viewing essential | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65231
ADVERT IMPRESSIONS : 7,646 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £45,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | KEY FEATURES:
• Licensed convenience store
• Situated on shopping precinct
• Consistent levels of high profitability and turnover
• Ample scope for further development
• Repeat and regular client base
• Early viewing essential
• Fantastic W/T of £5000.
THE BUSINESS:
Caversham Park Food and Wine is situated in the predominantly residential area of Caversham, Reading, in the county of Berkshire. It has a repeat and regular client base, serving the local community for all essential goods. It serves a combination of food and drink, cleaning materials, toiletry items as well as pet foods. It has a large range of alcoholic products from wines, lagers and spirits, to bitters and ales. It generates an impressive turnover and profitability from on going special offers that are competitively priced. It also offers a pick and mix facility, that is a huge success providing popular with the community.
The business has outstanding potential, with an already impressive turnover and profitability. It offers a great deal of scope in regards to the products stocked, and would be ideal for a first time buyer wishing to further improve the business. It could benefit from the additional options to implement ideas such as food and takeaway products, and stock a further variations of products stocked. It would also be an attractive proposition to similar or larger sized investors, wishing to add to their portfolio with a successful, reputable convenience store. The business is well known within the community, and well signposted off the main road routes. The general turnover is generated primarily by the sale of everyday convenience items stocked.
TRADING HOURS:
Currently trading 7 days a week, opening at 8am and closing at 9pm.
TENTURE:
Leasehold:
FINANCIAL INFORMATION:
Advised gross weekly sales in the region of £5000
RENT:
Rent to be negotiated.
LEASE:
The business has 12 years remaining on a 16 year lease, with reviews every 4 years.
PROPERTY DESCRIPTION:
Internally: This spacious business is currently trading from a sales counter with one counter with a till for sales, however we are advised that there is further potential for expansion and additional till points to be added. Due to being a former post office there is a redundant counter that could, if purchasers wished, be removed in order to create extra space in order to put an additional till point on the sales floor. The business comprises of wall shelving, one large chest freezer, one alcohol chiller, one large drinks/chilled food chiller, and standing gondolas. There is also a substantial stockroom within the premises, leading to a rear yard. A kitchen area is available as well as full W/C facilities for staff.
Externally: The shop has the advantage of a fully operational CCTV alarm system in place for added security. It also benefits from roller shutters to the front of the shop premises. Caversham Park Food and Wine is on a purpose built shopping precinct in a residential area and has the facilities for off road parking for approximately 20 vehicles.
Fixture and Fittings: We are advised that all fixture & fittings previously mentioned are owned outright, excluding the Walls Ice Cream freezer.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business. For an appointment to view please telephone 01254 776022.
Quote Ref 1112. | | | | | | FOR SALE | | | | | REFERENCE: | 1112 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
