Convenience Stores for sale in Choppington

View the "CONVENIENCE STORE - CHOPPINGTON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Freehold Price: £350,000 Price Reduced Annual Turnover: £416,000
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Business Description
• Convenience Store / Newsagents
• Turnover in excess of £8,000 week plus lottery sales
• Main road location in densely populated residential area
• Fitted and presented to a good standard throughout

Long established and profitable convenience store in a prime location in a busy residential location. Turnover in excess of £8,000 per week in addition to Lottery sales. Spacious and well presented 5 bedroom owners accommodation. Freehold Ref 43159

Choppington News has been under the very caring ownership of our client’s family for over 21 years, during which has established an enviable reputation in the local area. The business is positioned in a prime spot on the main road, surrounded by a large number of residential properties with planning confirmed for new residential estates.

The area of Choppington is surrounded by lovely countryside, but still ideally located for the main road links to surrounding towns and villages including Morpeth, Cramlington, Bedlington, making commuting ideal for those working near Newcastle Upon Tyne.

Choppington News is a highly successful newsagents and convenience store which benefits from its excellent trading position. The business currently trades on average with weekly sales exceeding £8k which is in addition to revenue derived from the lottery sales.

The business is presented in walk in condition for new owners, one potential idea for new owners would be to join a convenience store chain to take advantage of more competitive stock prices.

A particularly attractive aspect of this sale is the owner’s accommodation which is superbly presented throughout.

The accommodation consists of 5 bedrooms, a living room, dining room, kitchen and bathroom. All of the 5 bedrooms are spacious enough to accommodate a double bed and are located on the upper floor of the property.

Additionally, the property benefits from a utility room and double garage offering excellent storage space and facilities.

The attractive accommodation along with this successful business and high turnover presents buyers with an excellent investment.

Summary. Excellent opportunity to acquire a successful business, located in a prime trading position accompanied by a large family home. It is a perfect set up for a family run business and presented in true walk in condition
Tenure: Freehold

Listed by: Kings Business Transfer
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KBT43159
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