Weekly Sales £8,500
Paypoint £2,000 p/w, Lotto £1000 p/w
No Immediate Competition
500 New Homes Built and Completing Early 2017
EPC – D
This very attractive convenience store is situated in the picturesque and sought-after small town of Norton in North Yorkshire.
The convenience store operates from a purpose-built commercial unit which is located on Scarborough Road, one of the main arterial roads running through the town.
The Business currently operates under a Premier banner, formal agreement is not in place for the continuation of this wholesaler, leaving new owners the option of which wholesaler to use.
This commercial unit affords the business with ample off road parking, making it a convenient shopping destination for passing trade and local customers alike.
The immediate area is predominantly residential and consists of a broad mix of housing, ranging from affluent detached properties to shared social housing accommodation.
The business is currently run by a husband and wife team, New owners wanting to duplicate this, will find this an ideal proposition from which to build this business still further. Furthermore, this is a store that may provide interest to corporates, thanks to the potential to extend the retail area.
An example of how the business could easily be developed is the introduction of a bake off area and the addition of freshly made sandwiches. Thanks to its location to the main road there is a definite call for such product lines.
New owners may also want to consider extending the retail area, as currently the stockroom is oversized and would make easy provision for the extension of the retail area.
Since its acquisition by the current owners sales have steadily risen and are still rising, whilst gross profit have not been sacrificed and remain as a continuous 19%.
New owners can therefore develop new product ranges and perhaps introduce the aforementioned bake off, will undoubtedly see sales rise even further. This is therefore an ideal acquisition for somebody wanting to acquire their first business and one where value can be seen to be added, while still providing an interest to larger operators.
An outstanding proposition at an attractive price.Fixtures:
2 Chest Freezers
Location Details: Norton
Leasehold Term: Rent: £173 Per Week
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