Convenience Stores for sale in Liverpool

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S Martin (Feb 2013)
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Freehold Price: £449,950 Price Reduced Turnover: £338,000 Gross Profit: £77,740
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Business Description
BUSINESS
Hilton Smythe occupies substantial two storey premises, ideally located within the town of Kirkby, Liverpool, Merseyside.

The business was established by our clients’ in 1996 and is only now being offered to the market due to our clients’ desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £340,000 per annum, with a gross profit of approximately 23%.

Our clients’ offer a variety of goods including newspapers, magazines, greeting cards, tobacco products, convenience items, baked goods, confectionery, crisps, the Lottery and ice cream, to name a few. The premises are well-equipped to suit the trade with a spacious shop area with numerous display units and a large counter with electronic cash register.

The business has built up an enviable reputation within the area for the 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.

To the side of the convenience store are two lock-up units, which are currently unused offering a new owner the potential to develop and expand the business. The first floor of the property has been boarded out with studded walls in place, offering the opportunity to convert into two flats or three bedsits. Our clients have submitted plans which are available for viewing.

Our clients have recently spent a substantial amount of money on refurbishing the premise to a high standard.

This is an excellent opportunity for a new owner to take this well-established business, with excellent development potential, to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Estate Stores occupies substantial two storey premises, ideally located within the town of Kirkby in Liverpool, Merseyside. The business is situated on the corner of a small parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from free off street parking facilities to the front of the premises.

Kirkby is a town in the Metropolitan Borough of Knowsley, Merseyside. The town was originally developed as a housing overspill for Liverpool. Kirkby has recently seen regeneration efforts with Knowsley Council investing £2.5 million in a brand new market in the town centre as well as the town centre being radically transformed. According to the 2011 census, Kirkby Central had a residential population of 6,587.

The area of the property is well served by the public transport system, with several bus stops within easy walking distance of the property. Kirkby railway station is approximately 1 mile away. The area is also well-served by the A-roads, with the A506 being within easy driving distance, which links to the national A-road and motorway networks. Kirkby lies 6 miles north-east of Liverpool and 5 miles north-west of Huyton.

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

Ground floor:

Large sales and display area.

Full length serve over display counter with electronic cash register and Lottery terminal.

Discrete tobacco gantry to rear of counter.

Greeting card display units.

2 x three door drink chiller units (Coca Cola branded).

Perimeter racking and shelving.

Ice cream freezer.

Drink chiller unit (Lucozade branded).

First floor:

Large area with huge development potential for owners’ living accommodation.

Two separate units to side of store with huge development potential.

Eternal with:

Free off-street parking facilities.

Disabled ramp to front of property.

The premise has recently been refurbished.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday – Saturday: 5.30am – 7.30pm

Sunday: 5.30am – 2.00pm

STAFF
The business is owner run and managed with 2 x staff members.

FINANCIAL PROFILE
Only now is the business being offered to the market due to our clients’ desire for a well-deserved retirement.


Tenure: Freehold

Listed by: Hilton Smythe
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