Convenience shop for sale in Cleobury Mortimer with free car park options available
Cleobury Mortimer, Shropshire
- Status
FOR SALE
- Advert ID
652929
- Leasehold: £100,000 (Stock at valuation)
- Rent: £25,000 (£2,083 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: £50,000 (17% Profit margin)
Key Features
- Retail sales area
Business Details
Covenience Shop for sale near Village free car park Freehold and Leasehold available
Located in a vibrant village town centre, this established convenience store presents a unique opportunity for potential buyers. The shop occupies a prime position, benefiting from high foot traffic and robust local community support. Its enviable location next to free public parking ensures consistent customer access, complemented by a variety of nearby amenities, including pubs, restaurants, and hotels, which attract a diverse clientele.
This modern convenience store is well-organised and features an extensive range of products, from chilled and frozen goods to everyday groceries. With an efficient display layout, there is ample storage for beverages, snacks, and essential items. The store further enhances its appeal by providing additional services such as PayPoint and ATM facilities, ensuring convenience for every customer.
Having been in operation for just six months, the current owner has managed to establish a thriving environment, with a turnover reaching £312,000 and a profit margin of £50,000. The annual rent stands at £25,000, reflecting a promising investment potential for prospective owners. The business has shown a positive trend, with an increase in turnover observed over the year, affirming its viability and demand within the community.
Despite the presence of competitors in the area, this shop stands out as the largest and most comprehensive in terms of product offerings. Currently operated by two employees, the business is up for sale due to the owner's focus on staff management rather than day-to-day operations. Fixtures and fittings are included in the sale, providing additional value for buyers.
Moreover, while the business does not currently have an online presence, there lies significant potential for growth and expansion. The new owners will have the chance to tap into this opportunity, with available outdoor space that could be utilised for further services or product offerings. The current owner is also willing to provide training to facilitate a smooth transition for the new management.
***Leasehold Opportunity***
Asking price for the leasehold opportunity is available upon request. This shop is not just a business; it is a chance to become part of a thriving community and make a meaningful impact in the local retail market.
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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.
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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 number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.'.
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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.
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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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