Convenience Store for Sale in Thornton Cleveleys, Lancashire with Renewable Lease Available
Thornton Cleveleys, LancashireEst. 30 years
- Status
FOR SALE
- Advert ID
659269
- Leasehold: £200,000 (Stock at valuation)
- Rent: £20,000 (£1,667 per month)
- Turnover: £728,000 (£14,000 per week)
- Profit: On request
Key Features
- Advertising and marketing potential
- Attractive leasehold arrangements
- Essential business rates
- Established business turnover
Business Details
Established Convenience Store for Sale – Thornton Cleveleys, Lancashire
Established Convenience Store for Sale – Thornton-Cleveleys, Lancashire
An excellent opportunity to acquire an established convenience store situated in Thornton-Cleveleys, Lancashire, offering a spacious retail area, a range of essential everyday products and services, and excellent potential for further business growth.
The business generates an average weekly turnover of approximately £14,000, presenting an attractive opportunity for an experienced retailer or an ambitious owner-operator looking to take over an existing retail operation.
The premises comprise approximately 860 sq. ft. of retail space, providing ample room for product displays, stock merchandising and day-to-day trading activities.
The business benefits from a renewable lease, with an annual rent of £20,000 and business rates of approximately £80 per month.
Currently trading from 8:00 am to 10:00 pm, the convenience store benefits from permitted opening hours of 7:00 am to 11:00 pm, offering scope to extend trading hours and maximise sales opportunities.
The store also provides PayPoint and additional customer services, enhancing convenience for shoppers and offering opportunities for supplementary income.
Key Features
Established convenience store in Thornton-Cleveleys, Lancashire
Average weekly turnover of approximately £14,000
Annual rent: £20,000
Business rates: approximately £80 per month
Renewable lease
Approximately 860 sq. ft. retail area
Current opening hours: 8:00 am – 10:00 pm
Permitted opening hours: 7:00 am – 11:00 pm
PayPoint and additional services
Potential to increase trading hours and develop the business further
Suitable for an owner-operator or experienced retailer
An Attractive Retail Business Opportunity
Offering an established trading operation, convenient customer services and scope for further development, this convenience store represents an appealing opportunity for purchasers looking to enter or expand within the retail sector.
Asking Price: £200,000 plus stock at valuation.
Early enquiries are encouraged. Contact Right Estate today for further information or to arrange a confidential viewing.
All financial figures and business information have been provided by the seller and should be independently verified by prospective purchasers.
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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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