Reduced For Quick Sale! Well Established, Thriving Local Convenience Store In Hartlepool | | Hartlepool Cleveland | | A well established local convenience store based on a busy shopping parade for sale in Hartlepool. Greatly reduced in price for a quick sale as the owners have new business interests to pursue. Lease to let or rent Reduced For Quick Sale! Well Established, Thriving Local Convenience Store In Hartlepool is located in Cleveland. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71819
ADVERT IMPRESSIONS : 5,664 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Private Sale | ASKING PRICE: | £30000 | ANNUAL RENT: | £3000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION:
POUNDSAVER is ideally located on a busy shopping parade in Hartlepool approximately two miles away from the town centre. It is surrounded by a densely populated residential area, at the heart of the local community, from where it draws strong regular trade. The shopping parade is host to a variety of complimentary shops and businesses including a post office, chemist, bakers, take aways, hairdressers, florist etc. There is ample designated parking outside of the shops plus on street parking in the vicinity. The shopping parade is also served by a number of bus routes. BUSINESS HISTORY:
Offering for sale a busy, local convenience store which was established in September 2000 by the current owners and is only offered to the market due to their wish to pursue other business interests. The shop currently trades six days per week and generates a turnover of approx £162,500 PA plus a utility sales turnover of approx £500,000 PA (based on last years figures). The store offers a wide range of high quality products and services including general convenience items, hardware, pet products, household goods, confectionary, greetings cards and local evening newspapers. It also offers a 'PAYPOINT' service which draws a huge amount of custom. There is still room for buyers to increase trade by extending the opening hours and introducing national newspapers, alcohol and tobacco products if wished. The store is currently run by a husband and wife team alongside three members of part time staff however, there is potential for an owner operator to cut down on staff costs to generate greater profit. The business benefits from being the only one to offer 'Paypoint' in an area which very much depends on this service and enkoys an excellent reputation ensuring much repeat trade. This is an ideal opportunity to aquire an already established and thriving business with scope for future development and early negotiations are recommended as there is sure to be plenty of interest. FINANCIAL DETAILS:
T / O £162,500PA general sales
£500,000PA Paypoint
(based on last years figures)
ACCOMODATION DETAILS:
End of parade, ground floor lock up premises briefly compromising:-
INTERNALLY - Spacious shop area with serving counter and cash register, card rack, large dairy refrigerator, shelving and internet monitored CCTV system. Store room with sink, water heater, worktop area and shelving. . EXTERNALLY - Remote assisted electric shutters, toilet at rear. TENURE:
LEASEHOLD
RENT - £3000 PA
RATES - This premises qualifies for small business rates relief. Offers of £30,000 plus stock at value for a quick sale. Accounts will be made available to serious buyers after viewing. . . | | | | | | FOR SALE | | | | | REFERENCE: | 71819 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
