Convenience Stores for sale in Chorley

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Polly Franey (July 2015)
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Freehold Price: £349,950
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular convenience store and newsagent business, which is located in a prime trading location in Coppull, near Chorley in Lancashire.

The business was originally established by our clients in 1980 and was extended in 1987. Only now is the business being offered to the market due to our clients’ desire for a well-deserved retirement. The business currently operates 7 days per week and generates an excellent turnover and gross profit.

Our clients offer a wide variety of goods including newspapers and magazines, beers, wines and spirits, retro sweets and confectionery, toys, books, hot and cold beverages, dairy produce, frozen foods, greeting cards, fruit & vegetables and general groceries. The premises boast an impressive 252 sq. metres of floor space, is very well maintained and decorated to a very high standard throughout.

The large premises were originally two properties, which have been converted to form a large and spacious shop and extensive family living accommodation. The ground floor offers a spacious retail area to the front with a large serve over counter. To the rear is a lounge area, a fully equipped kitchen, a large office/dining room and a store room. The first floor offers three bedrooms and a bathroom, as well as a self-contained flat with its own access. The second floor is the converted attic, which comprises two bedrooms, a lounge/office area and a dressing room.

The business has built up an enviable reputation within the area for the very high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, as at present the business closes for lunch and is only open half day on Sunday. A new owner could also offer newspaper deliveries or rent out the self-contained flat, which could generate up to £400 per month.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

LOCATION
Corrigan’s of Coppull occupies substantial three storey premises, ideally located within the village of Coppull in Lancashire. The business is situated on Mill Street and is surrounded by densely populated residential areas, from which the business derives much of its trade. The business benefits from free car parking facilities to the front of the premises.

Coppull is a village and civil parish in Lancashire and is part of the Borough of Chorley. According to the 2011 census, the village had a residential population of 7,959. The village is popular place in which to live, being a within easy driving distances to the larger towns of Chorley and Wigan.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Euxton Balshaw Lane, which is approximately 4 miles away. The area is also well served by the motorway networks, with the M6, M651, M65 and M58 all being within easy driving distance, which link to the national motorway networks. Chorley is approximately 4 miles away and Wigan is 7½ miles away.

PREMISES
Hilton Smythe is delighted to welcome to the market this well-established and popular convenience store and newsagent business, which is located in a prime trading location in Coppull, near Chorley in Lancashire.

The business was originally established by our clients in 1980 and was extended in 1987. Only now is the business being offered to the market due to our clients’ desire for a well-deserved retirement. The business currently operates 7 days per week and generates an excellent turnover and gross profit.

Our clients offer a wide variety of goods including newspapers and magazines, beers, wines and spirits, retro sweets and confectionery, toys, books, hot and cold beverages, dairy produce, frozen foods, greeting cards, fruit & vegetables and general groceries. The premises boast an impressive 252 sq. metres of floor space, is very well maintained and decorated to a very high standard throughout.

The large premises were originally two properties, which have been converted to form a large and spacious shop and extensive family living accommodation. The ground floor offers a spacious retail area to the front with a large serve over counter. To the rear is a lounge area, a fully equipped kitchen, a large office/dining room and a store room. The first floor offers three bedrooms and a bathroom, as well as a self-contained flat with its own access which could generate an extra income of £400 per calendar month. The second floor is the converted attic, which comprises two bedrooms, a lounge/office area and a dressing room.

The business has built up an enviable reputation within the area for the very high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, as at present the business closes for lunch and is only open half day on Sunday. A new owner could also offer newspaper deliveries or rent out the self-contained flat, which could generate an income of £400 per month.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

 

 

  

PREMISES     

 

  

Substantial three storey premises in an ideal trading location, briefly comprising:

Ground floor with:

Picture windows.

Large retail area with display shelving and units.

Serve over counter with rear service area.

Stock room, which could be altered to offer extra retail space.

Attractive lounge, accessible by two doorways from the shop.

Spacious and attractive fitted kitchen.

Large office/dining room.

WC.

Store room/utility room.

Attractive conservatory.

First floor with:

Master bedroom.

Double bedroom.

Single bedroom.

Bathroom with WC, wash hand basin and shower above bath.

Separate self-contained flat with its own access comprising a double bedroom, kitchen, shower room and WC.

Second floor with:

Converted attic room with three distinct areas, presently used as a bedroom, office area/lounge, second bedroom/dressing room.

This could be reconfigured to suit owner’s requirements.

External:

Good signage.

Shuttered windows.

Car port to rear for 5 x vehicles.

The property is fully alarmed.

Equipment included:

Shutters.

Scales.

Cigarette gantry.

3 x refrigerators.

3 x freezers.

Coffee machine.

Shelving.

Display units.

Electronic cash register.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday – Saturday: 7.00am – 1.00pm and 2.00pm – 8.00pm

Sunday: 7.00am – 1.00pm

STAFF
The business is owner run and managed with family members.

FINANCIAL PROFILE
The business generates an excellent turnover and gross profit.



Tenure: Freehold

Listed by: Hilton Smythe
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