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SOLD OR WITHDRAWN FROM THE MARKET
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Well Established Convenience Store in Merseyside

Saint Helens, Merseyside
Leasehold Price:
£19,995
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
205732
Reference
5958 / Rightbiz

Details

    Established Since 2006

    Projected Annual Turnover £234,000

    Gross Profit £46,800

    Free Parking

    Multiple Income Streams

    EPC - D

Description:
REF 5958 – Leasehold Convenience Store
Blacks Business Brokers are proud to bring to the market this leasehold convenience store located in a busy and well-populated area of St Helens, Merseyside.

INTRODUCTION
New Bold Convenience Store has been trading on New Bold Court since 2006. During that time, the business has firmly established itself within the local community, having gained a large, local customer base and a superb reputation. The business offers a wide range of convenience products along with pay point.

LOCATION
The business is positioned just off Travers Entry linking St Helens with Haydock and Newton Le willows – this is a busy area with residents and commuters. Parking is available directly outside the shop.

REASON FOR SALE
New Bold Convenience Store is only being offered for sale due to our client’s family commitments and therefore lack of time to manage the shop.

LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 5 years with rent reviews every 3 years. The current lease began in 2017 at a cost of £750 per calendar month.

BUILDING LAYOUT AND DESIGN
New Bold Convenience Store is housed within the ground floor of a mid-terraced retail unit within a small parade of modern shops with excellent parking areas to the front and backed by a modern development of 500+ houses and quality apartments.The shop is well branded with signage displayed above a mainly glazed frontage. Inside, the shop is well presented with products stored on wall shelving, central gondolas and within display fridges and freezers where required. The retail space is tiled throughout with modern lighting and counter area to the rear with cigarette gantry. To the back of the space is a large storeroom, staff toilet and kitchen area and externally is one designated space for staff parking.All areas are presented well with good quality fixtures and fittings.

STAFF
New Bold Convenience Store is currently operating with one part-time member of staff in employment and our client working on a full-time basis.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business and New Bold Convenience Store has traded solidly over its trading history. The business with a projected annual turnover of £234,000 and gross profits of £46,800.

SUMMARY
This leasehold business is offers a new owner a superb opportunity to acquire a modern, well presented shop with a large customer base already established. There is some scope for expansion into home deliveries in this area. This proposition would ideally suit an owner operating team who could allow the time to run this busy shop and enjoy the benefits of this exceptional trading position. Early viewings are strongly advised.

Fixtures & Fittings:
Modern Wall Cladding
4x Multi Deck Open Fronted Display Chillers
Double Sided Gondolas
Cigarette Gantry
EPOS Till
National Lottery Agreed and Awaiting
News Display
CCTV
Cards Display
Ice Cream Multi Deck Freezer
3x 2 Door Drinks Display Chillers
Monster Single Display Fridge
PayPoint
ATM


Opening Hours:
Mon - Sat: 06:00 - 21:00Sun: 08:00 - 21:00


Weekly Rent:
£173 Per Week.
Seller Details
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Listing Details
Leasehold Price: £19,995
Tenure: Leasehold
Sector: Convenience Stores, Off Licences
Financials
Annual Turnover: £234,000
Energy Performance Certificate (EPC)
Location Statistics
What's nearbyi:
St Helens Police Station (approx. 0 mile)
The Beacon Nursery, YMCA (approx. 0 mile)
Birchley Street Car Park (approx. 0 mile)
College Street Car Sales (approx. 0.1 mile)
College Street MOT Centre (approx. 0.1 mile)
Cineworld Cinema (approx. 0.4 mile)
Kwik Fit St Helens (approx. 0.5 mile)
Enterprise Rent-A-Car (approx. 0.5 mile)
Halfords - St. Helens Store (approx. 0.6 mile)
HSS Hire (approx. 0.6 mile)
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