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Newly renovated convenience store for sale in Wallasey, Merseyside with sales potential

Wallasey, Merseyside
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REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 1
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 2
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 3
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 4
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 5
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 6
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 7
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 8
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 9
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 10
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 11
REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!! Photo 12
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REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!
  • Leasehold: £109,950 (Stock at valuation)
  • Rent: £10,200 (£850 per month)
  • Turnover: £234,000 (£4,500 per week)
  • Profit: On request

Key Features

  • Operating hours and days
  • Operating hours for business
  • Opportunities for deliveries
  • Opportunity for owner involvement

Business Details

REDUCED FOR QUICK SALE £80k Go Local in Wallasey with potential to push sales HIGH!!

Go Local Wallasey Convenience Store

Leasehold: Asking Price £80,000 Rent £850 per month for lock up.

At a Glance

Weekly sales circa £4,500 plus excl. services

(Only been open 3 weeks anticipating sale goes to £10k within 12 weeks)

FREE Parking to the front and opposite the store

Relied upon by the local community

Based in a huge residential area

Amongst a busy shopping parade

Energy Rating D

A leasehold convenience store located upon a busy road.

A rare opportunity to acquire a newly renovated to the highest standards off licence and convenience store.

Current owner is looking to move out of the city.

This site has storage at the back.  The site is staffed time therefore it has huge potential to increase sales with onsite management.

This would be ideal as a family run store, or it would suit a hand’s on multi store operator.

Location

This property is on a busy road in Wallasey. The site benefits from being surrounded by a huge residential area and based in an extremely busy shopping parade with lots of locals and passing traffic. The shop has potential to do so much better as the current owner has been forced to step back due to other business commitments and moving out of the city.  Located in a pleasant area.

Internal Details

The store is equipped with all required chillers, freezers, shelving and gondolas & renovated to the highest standards. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, confectionery, frozen, ice creams and general items of convenience. This business has a potential to increase sales by increasing hours. Currently opens at 8am – 10pm but should open at 7am – 11pm.  Licence is 7am – 11pm.  Current sales are around £4,500 per week excluding services such as Lottery & PayPoint which have been applied for and we are waiting for their arrival. Parcel services also applied for.

External Details

The business benefits from having free parking across the road to the store for customers.

Fixtures & Fittings

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

The Opportunity

This local convenience store is relied upon by the local community. The potential is huge as it has everything a business needs except for the will and power to push the business from strength to strength due to other commitments. 

 

Trading Information

Trading information shows average weekly sale of circa £4,500 plus per week excluding services.

Trading Hours

Monday to Sunday 08:00 – 22:00 (Alcohol license is 08:00 – 23:00)

Regulatory

Premises Licensed

Business Rates

The current owner has advised that the store benefits from some small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.

Viewing

No direct approach may be made to the property. For an appointment to view please contact the agent.

 

Read more

Contact Agent

Listing Statistics

Advert Statistics Graph

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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