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Convenience Store In Acton Suffolk

Acton Suffolk
Convenience Store with Semi Detached 3 Bedroom House in Picturesque Village, Acton, Suffolk. Est. since 1928, annual turnover £192,998, Weekly sales approx £4,000, limited competition within area, scope to introduce alcohol sales, extend the opening hours. Freehold, viewing recommended REF 39454
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72784
ADVERT IMPRESSIONS : 9,371 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

ASKING PRICE:

£399995

FREEHOLD:

£399995
 

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BUSINESS DETAILS:

The business is located in the picturesque village of Acton near Sudbury which is on the Suffolk/Essex border.
The business is recognised on Google Maps and you will see the immediate surrounding area is residential with a local primary school, church, public house and the business completely unopposed. There is also 3 Industrial Estates within a mile of the store.
Sudbury sits next to the River Stour and is a delightful and ancient market town surrounded by rolling countryside which hosts many villages with their own unique charms like Acton.

The convenience store has been established since 1928 and is a purpose built shop built for the village. It was originally owned by the Jacobs family which was sold to a Mrs Mander in 1968 who then sold it to the current vendors in 1977.
Over the years the business has sold many an item from Fireworks to Xmas trees and Wool to Children’s toys. It has built up an enviable reputation and it has a real community feel which is represented by the majority of visitors greeted on first name terms.
The annual turnover on accounts ending July 2011 shows £192,998 with Gross Profits of £41,251. The business also has a healthy Turnover from Pay Point sales and current annual sales are £88,269.
The business has potential to increase sales from Sunday opening, Introduction of Alcohol sales, increasing the opening hours, An ATM Machine and National Lottery.
The store benefits from having a completely self contained 3 Bedroom house.
When the local Post Office was closed down it was relocated for 15 months into the convenience store before national closure in 2009.
   
  FOR SALE
   

REFERENCE:

39454 / RightBiz
   
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