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AF106 -Village Store with Three Bedroom Flat located in Attractive Countryside Location

Asking Price: GBP 575000
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Business Location: United Kingdom » East Sussex » East Sussex 
Category: Real Estate » For Lease
Description:
Village Store with Three Bedroom Flat located in Attractive Countryside Location Including Freehold

Ref.AF106
Location East Sussex
Asking Price £ 575,000Established for over eighty years and under the stewardship of the current Owners for the past nine, this is a very busy, independent, village store serving the local community. Having been a firm fixture for so many years this business enjoys an extensive catchment area including several surrounding towns and villages with customers drawn by the high levels of personal service they receive and the breadth of goods and services available, all under one roof.

This is a typical village store. It currently generates a turnover of approximately £7,000 per week derived mainly from the sale of all the normal ‘village store’ lines including freshly made teas and coffees, fresh bread, pastries, pies and sandwiches, frozen foods, dairy products, household goods and groceries, fresh fruit and vegetables as well as wine, spirits and beers in its off licence section, sweets, confectionery, snacks, tobacco as well as mobile phone top-up.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 2000
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
Nearing retirement age and with other business interests, the current Owners feel the time is right to pass the business on to new Owners to build on the excellent foundations already laid.
Market competition and expansion:
Established as it has been for so many years this is a firm fixture within the community it serve s and as such requires little need of advertising and marketing. What marketing the business undertakes is limited to community based activity – advertising in local parish magazines for example. The business published an in-house newsletter two to three times per annum to tie in with key retail periods – Christmas and the sale of turkeys being one.
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