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8835NG L/H CONVENIENCE STORE £79,950+SAV
Asking Price:
GBP 79950
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Business Location:
United Kingdom » Nottinghamshire » NOTTINGHAMSHIRE
Category:
Retail
»
Convenience Stores
Description:
Advent Business Sales is pleased to offer to the market this extremely well established convenience/grocery store which has been trading successfully for about 27 years.
The current vendor has been in ownership for the last 2½ years but is now selling due to obtaining his university degree and wanting to set up a professional business.
Our client has achieved an enviable weekly turnover without selling alcohol or pork products due to religious reasons, a detail that a new owner might wish to add to the business.
On offer is an excellent array of goods, such as:
• Frozen food
• Tinned and dried foods
• Sauces and spices
• Dairy products
• Soft drinks and juices
• Snacks and sweets
• Vegetables
• Breads and cakes
• Tobacco products and patent medicines
There is also a sizeable offer of household goods and toiletries.
The shop also offers top ups and a good offering of Afro Caribbean and Polish foods including Polish bread that is delivered on a daily basis.
Stock at cost is approximately £10,000.
STAFF DETAILS
Two full time (including the owner) and 2 part time employees staff the business.
REF: 8835 NG
Our clients shop occupies a very prominent corner site. The door opens up to a large very well stocked shop, which is both clean and tidy, a credit to the owner’s house keeping.
The shop has:
• Two vertical soft drinks fridge’s,
• A 1.5 meter dairy display.
• 3 metre frozen food gondolas.
• Rear stockroom w/c and a back entrance.
• A large dry cellar under the shop for storage.
The rest of the shop is well ordered and shelved with other offers previously mentioned.
TENURE: Leasehold
Original lease: 15 years
Remaining lease: New full lease available
Review every: 3 years
Rent: £609 per month
We are advised that the annual business rates are currently: £1,100
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Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
340000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Our client is conveniently located in an area highly populated with residential students. It also has a large Polish population and dense council accommodation.
Year Established:
27
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
2 full time & 2 part time
No of trading hours:
Mon - Sat: 8.00am – 8.30pm, Sun: 9.00am – 8.00pm
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