Busy Convenience Store In Newhall Derbyshire | | Newhall Derbyshire | | Convenience store, Newhall, Swadlincote T/O: £293,000 GP: 20% Huge scope Well-equipped Loyal customer base Much repeat trade 2 x s/c 2-bedroom apartments | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72238
ADVERT IMPRESSIONS : 2,709 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £649000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Wellwood Stores occupies substantial detached 2-storey premises, ideally located in a prominent trading position in a densely populated residential area in the town of Newhall, Derbyshire. The premises benefit from ample on-street parking and are situated close to the local amenities. There is a bus stop directly across from the property, with regular buses serving the area. The premises boast easy access to the A-road network and the M42 motorway. Swadlincote lies a short drive away and possesses a wealth of further amenities and attractions. The town is popular with commuters due to its location and excellent road links. Burton upon Trent lies 4.5 miles away, while Birmingham city centre lies approximately 30 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy convenience store, which was established in 1940 and which has been in our client's careful hands since 1991. The store is only now being offered to the market due to our client's wish to retire. The business trades 7 days a week and generates a turnover in the region of £293,000 per annum with a gross profit of 20%. The store offers a wide range of products including general CTN lines, convenience lines, groceries and alcohol, along with the Lottery and Payzone facilities. We feel the turnover could be further increased by extending the range of products available and offering newspaper delivers. The business has an enviable reputation for selling quality products and receives much repeat trade. The premises are well-equipped to suit the trade and boast a spacious retail area and 2 x self-contained 2-bedroom apartments, which are currently let out at £375 each per month. There is also land to the side of the property, which we feel could be utilised for the development of two further apartments, subject to planning permission being granted. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £293,000 approx.
GP: 20%
Newssheet: £500 per week
Lottery: £1,200 per week
Opening Hours
Mon - Sat: 6:00am to 7:45pm
Sun: 7:00am to 7:45pm
Accommodation Details
Substantial detached 2-storey retail premises with 2 x self-contained 2-bedroom apartments. Briefly comprising:
Ground Floor
• Retail area with open plan sales area, shelving to suit, greeting card display, 2 x double chillers, 2 x double freezers, lottery stand, 3 x aisles, 2m dairy chiller, 2 x freezers, 2 x double alcohol chillers, counter servery with 2 x electronic cash registers and tobacco gantry
• 2 x store rooms
• WC with wash hand basin
First Floor
• 2 x self-contained 2-bedroom flats with lounge, kitchen and bathroom
External
• Land to side and rear
• Enclosed rear gardens
• Shed to rear
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2956 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
