Convenience Stores for sale in Burton upon Trent

View the "Well-Established Convenience Store in Buton-Upon-Trent, Staffordshire For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £180,000 Price Reduced Turnover: £336,687 Gross Profit: £66,913
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and very popular convenience store in Burton-Upon-Trent, Staffordshire. The business was established over 25 years ago and is only now being offered to the market due to our client`s desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £336,700 per annum, with a gross profit of approximately 20%.

The business is Premier branded and offers a range of goods and services, including a wide variety of convenience items, Lotto, Western Union and Paypoint. The property boasts a very spacious sales and display area and is decorated and maintained to a very high standard. The business has built up an enviable reputation within the area for the high quality of goods available, which has resulted in a very loyal client base, with a high volume of repeat trade.

We feel the turnover could be increased by embarking on a modest marketing campaign to highlight the business and goods/services offered. The business would further benefit from a hands on owner, as our client runs the business at a pace to suit and it is mostly run by staff members. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.

LOCATION
Jagpal Stores Ltd occupies substantial ground floor premises, ideally located in a prominent trading location in Burton-Upon-Trent, Staffordshire. The business is situated within a parade of complimentary shops and businesses and benefits from a large volume of footfall and passing trade. The business further benefits from on-street parking within the immediate vicinity. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. Burton-Upon-Trent is a town on the River Trent in Staffordshire. According to the 2001 census, the town had a residential population of 43,784.

The town boasts a good selection of amenities including churches, a library and restaurants, as well as excellent schools and parks, making it a highly desirable place in which to live and work. 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 approximately 10 minutes` walk away. The area is also well-served by the A-roads, with both the A38 and A5121 within easy driving distance, which link to the vast A-road and motorway networks. Derby is approximately 11½ miles away and Birmingham is 27 miles away.

PREMISES
Ground floor retail premises, briefly comprising:

Open plan sales and display area.

Racking and shelving to perimeter walls.

3 x new freezer units.

Large open chiller bed unit.

2 x central aisles.

Large newspaper/magazine display area.

ATM machine.

Serve over counter with scratchcard display, confectionery display, 2 x EPOS systems and tobacco gantry to rear.

Tiled flooring.

Diffused lighting.

Air conditioning system.

To the rear:

Large store room.

Office.

Kitchen.

WC.

External:

Well-presented frontage.

Internet based CCTV.

Fully alarmed.

TENURE
We are advised Leasehold.

New lease to be negotiated.

HOURS
The business is open:

Monday:  5.30am – 11.00pm

Tuesday:  5.30am – 11.00pm

Wednesday:  5.30am – 11.00pm

Thursday:  5.30am – 11.00pm

Friday:   5.30am – 11.00pm

Saturday:  5.30am – 11.00pm

Sunday:  5.30am – 11.00pm

STAFF
The business is owner run and managed with 3 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £336,700 per annum, with a gross profit of approximately 20%.


Tenure: Leasehold

Listed by: Hilton Smythe
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