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Retail General Store in Northampton Northamptonshire available for sale

Northampton, Northamptonshire
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  • Leasehold: £74,950
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Retail General Store

Key Features:

  • Busy High Street Location In Kingsthorpe
  • Wide Range Of Household And Garden Products
  • Strong Weekly Sales
  • Opportunity to Stock Other Products
  • Spacious And Well Laid Out Retail Store
  • Large Basement Storage And Delivery Access
  • Established Local Customer Base
  • Printing, Photocopying And Balloon Gas Services
  • Full Width Glazed Shop Frontage
  • CCTV, EPOS And Modern Retail Fit-Out


RETAIL GENERAL STORE
KINGSTHORPE, NORTHAMPTON

VJ's Amazing Savings is a well-established discount retail business operating from a prominent High Street position within the popular suburb of Kingsthorpe. The business offers a broad selection of household and everyday products, serving both local residents and passing trade from the surrounding commercial area.

The shop stocks a varied range of goods including electrical appliances, tools, toiletries, cooking equipment, cleaning products, stationery, pet food, toys, greetings cards and confectionery. Additional services including printing, photocopying and helium balloon gas further enhance customer footfall and provide multiple income streams. The business represents an attractive opportunity to acquire a long-standing retail operation with increasing turnover and a strong local presence.



BUSINESS:

The business operates as a traditional value-led retail store, offering a comprehensive range of household, seasonal and convenience products across a well-organised sales floor. The premises are fitted with extensive display shelving throughout, allowing for effective product presentation while maintaining generous aisle space for customers.

The business benefits from a broad customer base drawn from the surrounding residential neighbourhoods and nearby businesses. Additional services including prestige printing, photocopying and helium balloon gas help generate repeat custom and support day-to-day trade.

The shop is currently owner operated with family support, contributing to the efficient running of the business and maintaining controlled staffing costs. Trading levels are reported to be increasing, presenting further potential for continued growth under new ownership.


PREMISES:

The business occupies a substantial retail premises with a full width glazed frontage directly onto the High Street, providing excellent visibility and accessibility. The main retail area measures approximately 13 metres wide by 15 metres deep and is fitted with carpet tiled flooring, suspended ceilings with inset lighting, CCTV and an EPOS till system positioned at the customer service counter near the double entrance doors.

To the rear of the shop is access to a large dry basement measuring approximately 8.7 metres by 8.2 metres. The basement is arranged to provide additional storage space together with an office, kitchen and separate W.C. facilities. Large double doors open onto a delivery unloading area, supporting efficient stock handling and operational logistics.


KEY INFORMATION:

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business – such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: G37128SM.

OPENING HOURS: Monday to Saturday, 9:00am to 5:00pm. 10.30am to 3:00pm, Sunday.

TENURE: Leasehold. A new lease is to be granted to the purchaser on terms to be agreed. The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.

RENT PAYABLE: Currently £25,000 per annum.

RATES PAYABLE: £12,223 per annum.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: None - family run business. Correct at the time of listing.

EPC: The Energy Performance Certificate shows a rating of '107/E', full document available on request.

PRICE: £74,995 PLUS STOCK AT VALUATION.

Comprising the leasehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern and not as a vacant premises.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.


DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01788 435966.

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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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