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8942DN DONCASTER FREEHOLD: £575,000 OFF LICENCE/GROCERY/CONVENIENCE

Asking Price: GBP 575000
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Business Location: United Kingdom » Doncaster » DONCASTER 
Category: Retail » Convenience Stores
Description:
Advent Business Sales have been instructed
to offer for sale this excellent village shop,
with enormous potential for growth.
The shop has been in existence for over 100
years and has been in the hands of the
current vendors for the last 20. It has now
reluctantly been offered for sale due to
imminent retirement plans.
Originally a Spar store, at peak trade was
buoyant. Due to the vendor’s age, the
business has been run on limited trading
hours.
The large premises consist of a main sales
area as well as ample storage to the rear.
The business retails:
• Wide range of beers, wines and
spirits
• Convenience and grocery products
• Tobacco and cigarettes
• Confectionery
• Payzone
The main sales floor is extremely large in
comparison to most offering the prospect to
stock a wide range of products.
The business is offered on leasehold with a
new lease subject to negotiation (business
premises only).
Alternatively, the vendor would be willing
to sell the freehold, which also
accommodates a spacious 4 bed living
accommodation.
Our client has advised us that planning
permission has been obtained to convert the
ground floor into 4 sizeable retail units is
one so wished to explore.
In addition, the vendor is willing to
negotiate separately the purchase of
adjoining land, on which two 3 bed houses
can be built, as plans for this has also been
approved.
REF: 8942DN
Financial Information:  
Annual gross sales: (GBP) 104000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1989
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon-Sun: 8am – 9.30pm
Reasons for selling:
 reluctantly been offered for sale due to imminent retirement plans.
Market competition and expansion:
 Due to the sheer size of the premises a total refit and introducing a buying group such as Costcutter or Londis would escalate turnover significantly. A full scale offer of convenience and newspapers would be an advantage.
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