Convenience Stores for sale in Millom

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £115,000 Sale Agreed Turnover: £609,397 Gross Profit: £106,708
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Business Description
BUSINESS
Hilton Smythe welcomes to the market The Haverigg Gift Shop trading under the nationally recognised Londis brand.

Established back in the 1930’s this busy convenience store has been run by our clients, a successful husband and wife team since 1988 and are now looking towards a well-deserved retirement.  The business reports a fantastic turnover of circa £610,000 with gross profit at 17.5% and is very well supported by the local community.

The store is generous in size and well presented with products clearly displayed throughout.  With the additional benefit of a baking room which is used for baking produce to be sold in-store.  We believe the business could further increase turnover by extending opening hours later into the evenings.

Early viewing of this long established thriving concern is highly recommended.

LOCATION
The business is located in the idyllic seaside fishing village of Haverigg, nr Millom on the edge of the famous Cumbrian Lake District National Park.

Situated at the heart of the village close to the local pubs, hairdressers and café and takeaway all serving the local residents and many tourists visiting this scenic area.  Haverigg has an extensive, quite Blue Flag beach, attracting many families with children and is close to the Hodbarrow RSPB nature reserve on the edge of Hodbarrow Lagoon.

The area is served by the A5093 with the nearest railway station situated at Millom a short drive away.

PREMISES
Double fronted well-presented store.

Serve over counter with crisp display beneath and cigarette gantry behind.  Glass display unit with baked produce included pies and pastries, dairy products and sandwiches. Coffee machine.

Adjustable shelving to perimeter walls, four aisles selling groceries, baked goods, confectionary, alcohol, wines beers and spirits, soft drinks, children’s toys and gifts, and every day essentials, greeting card and gift wrap display, freezers for frozen produce and ice unit.

Large stock area with walk in fridge

Baking room/kitchen

Kitchen area which is used for baking products to be sold on the premises.

TENURE
We are advised leasehold

As of 2016, 10 years remain on the lease

Rent is £12,000 per annum.

HOURS
The business currently opens: -

Monday to Friday 7.00am – 6.30pm

Saturday 7.00am – 6.00pm

Sunday 8.30am – 5.00pm

STAFF
The business is owner run and managed with the assistance of 3 members of staff.

FINANCIAL PROFILE
The business reports a fantastic turnover of circa £610,000 with gross profit at 17.5%



Tenure: Leasehold

Listed by: Hilton Smythe
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