LEASEHOLD ASKING PRICE : £ 499,950 £ 449,950 Rent £ 30,000 per annum
AT A GLANCE
Weekly sales £ 20,000 excl. services
Free parking to the side and the front of the store
Relied upon by the local community
Minimum 60% GP so high NP
Energy Rating D
A long-established leasehold double convenience store located upon a busy main road. This business is fitted to a good standard. A rare opportunity to acquire a longstanding off licence and convenience store.
This site has space for storage in the back of the property and secure parking to the side and rear. The site is fully staffed full time therefore it has huge potential to increase sales with onsite management and extending hours.
This would be ideal as a family run store or it would suit a hands on multi store operator.
LOCATION
This property is on a busy main road in Nottingham. The site benefits from being surrounded by a huge residential area and the shop could go from strength to strength. The other shops complement each other.
INTERNAL DETAILS
The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, world foods, alcohol, tobacco, vapes, confectionery, and general items of convenience including specialising in Polish foods. This business has no PayPoint and lottery.
External Details
The business benefits from having free parking to the front and side of the store for customer use.
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. This business is fitted to a good standard and is being offered on a leasehold basis. The current owner has decided to divert his attention to his other businesses and wishes to spend his time without being called away at short notice. There is huge potential for increasing sales by good management and or a new hands-on operator. The site could add lots of new items to the business, this opportunity has been missed by the current operator as he wants to spend his time on other avenues. This is an opportunity NOT to be missed.
TRADING INFORMATION
Trading information shows average weekly sale of circa £ 20,000 per week.
TRADING HOURS
Monday to Friday 07:30 - 21:00 (Alcohol license is 08:00 - 23:00) Sunday 09:00 - 21:00
Regulatory
Premises Licensed
BUSINESS RATES
The current owner has advised that the store benefits from small business relief on business rates and currently pays £ 6,000 per annum. 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.
