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THIS BUSINESS IS NOW UNDER OFFER

Convenience Store & Accommodation St Helens

Saint Helens, Merseyside
Freehold Price:
£220,000
Find more details, or book a viewing:
Status
UNDER OFFER
Advert ID
239994
Reference
6727 / Rightbiz

Details

    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

Description:
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.

INTRODUCTION
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.

LOCATION
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.

STAFF
The business is currently operating with three part time members of staff in employment supporting our three clients working on a part time basis.

FINANCIAL DETAILS
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.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
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.

Accomodation:
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
Shelves
CCTV (7 Points)
Double Display Drinks Fridge
Display Freezer
Card Stand
Slush Machine x 2
Coffee Machine
Till


Opening Hours:
MON - FRI: 08:15 - 22:00SAT: 09:00 - 22:00SUN: 10:00 - 22:00


Seller Details
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Listing Details
Freehold Price: £220,000
Tenure: Freehold
Sector: Convenience Stores, Off Licences
Financials
Annual Turnover: £376,073
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)
Listing Statistics
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