Convenience Store with Lottery and paypoint agencies

Price:

Freehold - £324,000

Seller Ref:

CS2211

Location:

Northamptonshire

Business Type:

Retail businesses

See Other:

Convenience stores for sale in Northamptonshire
Retail businesses for sale in Northamptonshire

Description:

THE BUSINESS:

OVERVIEW

A long established convenience store trading as part of the ‘Booker Premier’ symbol group.

Refurbished and shop fitted to a very high standard in autumn 2006, since when sales have shown year on year growth.

Epos, CCTV and air conditioning installed.

Prominent trading position on a busy arterial roadway and at a busy road junction. Large residential and commercial catchment. Passing plus reliable regular trade.

Gross weekly sales £11,000 - £12,000 at a declared gross profit margin of c20% PLUS commission income of c £100 per week. Adjusted net operating profit to a working couple circa £50,000.

Expandable opening hours, currently trading 6:30am – 8:00pm Monday to Saturday and 9:00am – 1:00pm Sunday. Closed bank holidays or open Sunday hours only.

Sale includes a two bedroom self contained first floor flat offered with vacant possession. Potential rental income of circa £6000 per annum.