Hilton Smythe is delighted to introduce to the market Boosbeck Village Store.
This multi facet business was originally established in the 1940’s, and was taken over by our client in 2005. Only now is the business being offered to the market due to our client's other business interests.
Currently running as a convenience store, newsagents offering 3 delivery rounds, off licence, sandwich shop, café and a bakery. The business is extremely popular in the area, and has a fantastic amount of repeat trade from locals. The store has a seating area of which customers can sit and eat hot or cold food this is popular with passing trade.
The business has a vast range of high quality products and services on offer. This reflects in the turnover. We are advised the store is currently generating a healthy turnover of around £254,750 per annum, with a gross profit of approximately 20%.
We would highly advise the new owner to look into expanding the café area, this should increase revenue. With more of a focus on the café, the owner could also look at outside catering.
The business currently offers 3 newspaper delivery rounds. We believe that offering a delivery for lunch such as snacks, sandwiches and pasties to local businesses would generate an increase in revenue. There is a mass amount of potential for this business and could be highly profitable with the right buyer.
This is a fantastic opportunity for a buyer looking for an already profitable business. The property also comes with a great sized owner’s accommodation. Hilton Smythe highly recommend an early viewing to avoid disappointment.
Boosbeck Village Store is located in Boosebeck within Saltburn-By-The-Sea, North Yorkshire.
The business benefits from a prominent trading position with on street parking to either side. Boosbeck is a great village with all amenities, within the vicinity is a fantastic range of independent complimentary stores. The area is dominated by residential properties, this being the main source of income for the business.
There are several bus stops just a short walk up the road. This area is fantastic for passing trade due the road being a main road and also the close proximity to Middlesbrough city centre. Surrounding towns are easily accessible with great road links. The A171 is within easy driving distance, and links to the national A roads and motorway networks.
The property is located on a corner premise, a busy main road. The shop is well signed and clear to passing trade. The property is secured by a CCTV and alarm system.
The shop is well presented with a large range of stock on display on racks and shelving. Facing the door is the main counter, from there is clear view of the store. The counter runs to serve over chilling counter which is full length through to the back. The chiller is use to display cold products on offer such as pasties and sandwiches.
Equipment in the main shopping area is as follows.
Large cold display
Ice cream freezer
All fixtures and fittings
From the main shop area is access to the café and sandwich bar. On display in the area is hot and cold food displays. The preparation and kitchen is visible. The kitchen area is kept well clean, and is easily laid out.
Equipment in the kitchen-
Hot pie display cabinet
2 x freezers
7 pot salad bar
There is a separate office and toilet just off the kitchen area. On the ground floor is also access to the owner’s accommodation.
On the first floor owner’s accommodation there is a bathroom with a bath and shower. A large kitchen/dining area, living room and a double bedroom.
Second floor is an open plan double bedroom with mezzanine style ensuite bathroom with built-in wardrobes.
We are advised the business is freehold.
The business opens:-
Monday: 6.00 am-5.00 pm
Tuesday: 6.00 am-5.00 pm
Wednesday: 6.00 am-5.00 pm
Thursday: 6.00 am-5.00 pm
Friday: 6.00 am-7.00 pm
Saturday: 6.00 am-5.00 pm
Sunday: 7.00 am-11:30am
There is scope to extend the opening hours.
The business is run and managed by the owner with the assistance of 6 part time members of staff.
The business reports a turnover of £254,750 per annum.
With a gross profit of 20%
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