Convenience Store In Telford For Sale

Price:

Leasehold - £54,950

Turnover:

Seller Ref:

1695

Location:

Shropshire , Telford

Business Type:

Retail businesses

See Other:

Butcher shops for sale in Shropshire
Convenience stores for sale in Shropshire
Retail businesses for sale in Shropshire

Description:

THE BUSINESS:

We are pleased to offer for sale this popular convenience store and Halal butchers, which has been in our clients hands since 2009 and which is only now being placed on the market due to his wish to relocate. The business is currently run at a pace to suit and achieves a turnover in the region of £365,000 per annum with a gross profit of 20%, derived from the sale of general convenience lines, fresh fruit and vegetables and a range of Halal meats. A new owner could increase turnover by perhaps, introducing the Lotto, offering newspapers, a hot food counter and perhaps a sandwich bar if desired. This is an ideal opportunity to acquire an established convenience store located in the heart of a popular residential area and with huge scope for future growth. Early viewing is highly recommended.

Location Details:

Crescent Stores are located in the heart of a densely populated housing estate directly opposite a school. The business benefits from a forecourt to the front along with on-street parking. The business is situated in the Hadley area of Telford, approximately 3 miles from the centre of the town. The business is easily accessible with junction 6 of the M54 motorway just over a mile away.

Lease Terms:

Leasehold Original length: 11 years Remaining: 6 years Review: every 3 years Rent: £6,000 per annum

Trading Hours:

Mon to Fri: 8.00am to 8.00pm Sat: 9.00am to 8.00pm Sun: 9.00am to 7.00pm