Convenience Stores for sale in Nottingham

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Busy Convenience Store Offering Parcel Service

Nottingham, Nottinghamshire, England

  • Leasehold Price: £45,000  Price Reduced arrow_drop_down
  • Turnover: £315,000
Seller Reference: B05689
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05689
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Haydn Food & Wines in Nottingham.

This totally independent site has been operated by the current vendor for over four years, in which time it has built up a steady and reliable clientele and which due to family commitments this rare and exciting opportunity has now become available.

The business sells an excellent range of beers wines and spirits, tobacco & vape along with all the convenience store essentials including a cash point machine, lottery, electric and gas top ups, gift cards, toiletries and pharmaceutical products.

The business also provides an excellent parcel collection service for the local community including Hermes and Wish collection which generates enough commission to cover the rent on the premises alone.

The business would be ideal for either an established operator looking for an additional site or an individual or partnership looking for their first business venture in this sector of the market which already has a proven trading history in a very busy and sought-after trading location with local schools and amenities along Haydn Road itself.

The site is being offered to the market with very affordable in-going and running costs and must be seriously considered by anyone looking within the convenience sector for a new challenge.

Location
Haydn Food & Wines is situated along Haydyn Road in Nottingham.

The business is easily accessible on foot and by all modes of transport within this busy trading location with plenty of free parking surrounding the site and a regular bus service passing by.

Premises
Ground floor trading location within a terraced style property. Circa 53sq m.

Entrance off the street to main trading area comprising service counter, racking, shelving and display carousels, fridges and freezers, CCTV, electronic till system, rear store room and WC.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £6,000 per annum with 21 years remaining on a 25 Year lease.

There are no business rates or service charges payable.

We are advised that the landlord is open to a new 25 year lease.

Hours
The opening hours are currently 8.00am to 11.00pm Seven days a week.

(The site is licensed to operate from 7.00am-12.00pm).

Staff
The business is run and managed by the current vendor with 1 x full time and 1 x part time assistant.

Financial Profile
We are advised the business is turning over in the region of £312,000 per annum.

Tenure:
Leasehold
Listed by:
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