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Established Convenience Store in Derbyshire **Open to Offers**

Derby, Derbyshire
Leasehold Price:
£60,950
Status
FOR SALE
Advert ID
206589
Reference
05597 / Rightbiz
    Recently renovated to a high standard

    Minimal competition

    High turnover

    Household name in community

    2 large schools nearby

    high footfall

Intelligent Business Transfer are pleased to bring to the market this traditional convenience store, which offers a desirable base for a new buyer.This is a superb opportunity to purchase a long-standing convenience store in a large residential area surrounded by regular customers, most of whom have been crucial in generating its highly impressive annual turnover of £325,000. As the business has been a dominant store in the area over the centuries it has undoubtedly become a famed name in the local community. At present, the business lacks active advertising, with the only means of promotion extended through word of mouth. There is a keen opportunity to market the shop further be it through leaflets, an online presence or shop window advertising, which could all potentially enhance trade. Extending its variety of stock to include popular items such as newspapers, as well as extending its opening hours, could do much to bring in extra takings.Intelligent Business Transfer are searching for a suitable buyer. The current owner is willing to stay on for a transitional period, if needed, to help familiarise the new buyer with how the business operates.
Listing Details
Leasehold Price: £60,950
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Derby, Derbyshire
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £210,417
Annual Net Profit: £17,791
Contact Agent
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Advert Reference: 05597 / Rightbiz
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