SOLD / WITHDRAWN
6727 / Rightbiz
- Densely Populated Residential Area
- Accounts Available 31st July 18
- Annual Turnover £376,073(Excluding Lotto)
- Gross Profit £95,898
- Accounts Available After Viewing
- Established 1949
- 4th Generation Family Run Business
- Large Property With Extension To Rear
- Close To Railway Station & Schools
- 3 Bedroom Accommodation
- Scope To Expand Product Lines
- Excellent Reputation
- Popular With Locals
- CCTV Fitted Throughout
- Genuine Reason For Sale
- EPC - D
REF 6727 – Freehold Long Established Convenience Store & Accommodation
Blacks Business Brokers are pleased to bring to the market this freehold convenience store and accommodation located in a busy area of St Helens, Merseyside.
J L & J Metcalfe's has been trading on Fir Street for over seventy years. Our client’s family established the business here due to the surrounding residential area. The business has evolved over the last seven decades and is now a thriving, popular and busy convenience store offering a range of services including National Lottery and Payzone. The property was once two terraced buildings which have been converted into one with additional extension to the rear.
The business is positioned within a densely populated residential area close to St Helens town centre. There area number of local schools nearby along with a busy college, park and Thatto Heath railway station. The area is well linked by the M62 and M57 with excellent public transport links and free parking is available immediately outside.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The business is currently operating with three part time members of staff in employment supporting our three clients working on a part time basis.
J L & J Metcalfe's has traded well during the last seventy years and has become an integral part of the local community. We are advised that the business currently has annual turnover of £466,284 (excluding Lotto & Payzone) with gross profit of £110,000. National Lottery generates a further £40-£80 commission per week and Payzone around £250 per week. Full financial details are available upon viewing.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This freehold business and property occupy a superb trading position in a busy and much sought after residential area. There is plenty of scope to develop the business further with the introduction of new product ranges and a marketing drive in the local area with offers for locals. At present our client runs a Wine and Spirit savers club which is popular but could be built upon. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations or it could also be of great interest to an investor looking to let the business and/or accommodation to other business owners. Early viewings are strongly advised.
BUILDING LAYOUT AND DESIGN
J L & J Metcalfe's operates from the ground floor of a spacious, corner property with glazed frontage. The business is well branded with signage and advertising displayed to the front and side of the property. Inside, the main shop is very well presented and well stocked. This is fitted with wall shelving, central gondolas, display fridges and card racks. The servery is positioned to the rear and large stock behind. There are also toilet facilities and an enclosed yard to the rear. CCTV is fitted throughout.
The accommodation is positioned within the first floor with the exception of the bathroom which is on the ground floor. The accommodation comprises of two bedrooms – one master with fitted wardrobes, a private office (this could be easily used as a third bedroom if required), fitted kitchen and large lounge. All areas are finished well with good quality fixtures and fittings in place.
Fixtures & Fittings:
Ice Cream Freezer
CCTV (7 Points)
Double Display Drinks Fridge
Slush Machine x 2
MON - FRI: 08:15 - 22:00SAT: 09:00 - 22:00SUN: 10:00 - 22:00
Freehold Price: £220,000
Location: Saint Helens, Merseyside
Sector: Convenience Stores, Off Licences
Annual Turnover: £376,073
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