c.1,000 Square Foot Sales Area
Highly Populated Residential Area
Taking £6,500 per week Plus Commissions
Lots of Scope for Alcohol Sales
Same Owner Since 2001
Leasehold Price £59,950
Description and Trade:
Situated in a parade of several shops in a heavily populated residential area, and situated directly opposite to a school. The parade has the benefit of frontage customer car parking spaces.
The trade is mainly that of general grocery and news products trading under the Lifestyle Express banner. It is also a National Lottery outlet.
The well fitted and spacious Sales Area (c.1000 square foot) has a suspended ceiling and terrazzo type flooring. Fixtures and fittings include full fitted wall shelving, two runs of double sided gondola shelving, news display racking, two refrigerated display cabinets, two chest freezers, two upright drinks chillers, double ice cream freezer, serveover checkout with cash register etc.
Leading to a Kitchen, a small Stock Room, and w.c. facilities. To the rear is a further Stock Room (5.2m x 2.6m)
There is no living accommodation.
A well-established business that has been in the present owner’s hands since 2001. There is scope and local demand to introduce off licence products.
Our Client Informs Us That:
Retail takings are around £6,500 per week plus commission income of about £6,200 per annum from National Lottery, Paypoint, Payzone.
The weekly newsbill is £260/£270 per week, all being counter trade.
6.30am – 9.00pm Monday to Saturday
7.30am – 8.00pm Sunday
The business is owner operated.
Leasehold. A new lease will be offered, with 3 yearly reviews, at a commencing rent of £11,700 per annum.
£59,950 plus stock at valuation for the lease, business, fixtures and fittings.
NOTE: The Freehold property may be available by negotiation.
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