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8926S L/H CONVENIENCE STORE £55,000+SAV
Asking Price:
GBP 55000
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Business Location:
United Kingdom » Rotherham » ROTHERHAM
Category:
Retail
»
Convenience Stores
Description:
Advent Business Sales are pleased to offer to the market this well established convenience store, which has been trading successfully for the last 20 years.
The current vendor has been in ownership for the past 9 years. He has decided to sell in order to concentrate on an unrelated business acquisition.
The business has modern fixtures and fittings, which have been maintained to a good standard. The business retails all the usual traditional lines including:
• Cigarettes & tobacco
• Confectionery, sweets, chocolate and crisps
• Chilled foods & sandwiches
• Soft drinks
• Frozen foods
• Ice creams
• Milk and bread
• Fresh fruit and veg
• Cards, gifts and stationery
• Bakery products
• Counter papers and magazines
• Tinned groceries
Stock at cost is in the region of £15,000.
The vendor has informed us that at least 3 to 4 customers per day ask if the business sells alcohol. This is an area, which has tremendous implications for growing sales. Applying for an alcohol licence as well as a lottery facility would have a positive impact.
Our client has informed us that a new owner could apply for an A3 licence. A fish and chips facility at the space at the rear (where the post office was) would make this an extremely profitable venture, especially with the surrounding homes and offices, who travel into the city centre to purchase food.
BUSINESS PREMISES
The mid terraced business premises consist of a ground floor lock up, which is in good condition. It briefly consists of:
Ground Floor
• Counter
• Cigarette gantry to rear of counter
• Central gondola
• Appropriate racking and shelving
• To rear is a large storage area and access to the main road
Basement
Currently used for storage
The business premises benefit from electric shutters to the front, CCTV and double glazing.
TENURE: Leasehold
Original lease: TBN
Can be either 10 or 15 years
Remaining lease: TBN
Review every: 3 years or 5 years
Rent: £200 per week
We are advised that the annual business rates are currently:
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Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
318240
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Our client is located close to the centre of Rotherham town on a busy road facilitating traffic flow. The road has free car parking for up to one hour.
Year Established:
1999
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
1 full time member of staff runs the business.
No of trading hours:
Mon-Sat: 7.30am – 7.00pm, Sun: 7.30am – 6.00pm
Contact Seller Now
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