Business for Sale in Shropshire CONVENIENCE STORE IN SHREWSBURY

Price P.O.A.

Key Information

Reference
GOT34937K
Tenure
Leasehold
Status
For Sale
Region
Shropshire
Sector
Convenience Stores
Weekly Sales
£9,000.00 Inc. VAT
Accommodation
No

Business Information

Well Established and Well Fitted Local Convenience Store

Unopposed Shop in a Good Residential Area

Taking Approximately £9,000 per week plus Commission Income

Leasehold Price £95,000

Description and Trade:

This established Convenience Store is situated within a small parade of shops in a good residential area of Shrewsbury. The Shop is fully fitted out for the trade, offering for sale General Groceries, Beers, Wines and Spirits, Newspapers & Magazines, Confectionery, Tobacco products and Sundry Lines. The Business enjoys a consistent trading history and earns Commission Income from the sale of National Lottery tickets and PayPoint electronic payments service.

There is easy customer roadside car parking.

Premises:

The Shop (around 875 sq. ft.) has a suspended ceiling and is very well fitted for the trade. Fixtures and fittings include: an abundance of modern wall and double-sided gondola shelving, cold display cabinets, freezers, ice cream freezer, wine chiller cabinets, greetings cards display, checkout counter with EPOS cash registers.

Rear Stock Room/Office; Storage Rooms and w.c.

The Premises are protected with CCTV and burglar alarm system.

Living Accommodation:

There is no living accommodation.

Comments:

An opportunity to acquire an easy to operate and well-presented business with high sales.

Our Client Informs Us That:

Takings and Profitability:

The Business is currently taking around £9,000 per week, plus commission income from Lottery ticket sales and Paypoint electronic payments service.

Trading accounts for year ended August 2020 show sales £214,363 and gross profits £38,929 (18.1%)

Trading Hours:

The Business opens for trade 6.00am – 8.00pm each day.

Staff:

The Business operated by the owner with the help of one full-time assistant and one part-time assistant.

Tenure:

Leasehold. The Premises are held on a lease with around 15 years unexpired. Present rent payable is £1,175 per month (14,100 per annum).

Price:

Priced at £95,000 plus stock at valuation for the Leasehold Property, Business, Fixtures and Fittings.

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