Convenience Stores for sale in Gloucester

View the "Calton Express Gloucester GL1 5JX" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £64,950 Price Reduced Turnover: £8,000
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Business Description
Business
Hilton Smythe welcomes to the market this well priced convenience store which is easily managed from well fitted premises of approximately 31 sqm, offering a large range of supplies.

The shop has been run by the current owner for 2.5 years, however it is very well established, having been a convenience store for many years. The current owners are now looking to relocate to a different area and pursue new business interests.

We understand that the shop is currently turning over around £8,500 per week, which includes approximate weekly takings as follows; tobacco £1,000, alcohol £2,500, grocery £3,000, dairy £1,000 and frozen foods £800 per week.

They also offer cards, sweets, some newspaper sales, and a rented cash machine which earns around £150 per month and more.

We believe the store has potential to be taken to the next level, with a wider offering to include lottery, more advertising and local deliveries.

An internal inspection is very highly recommended to appreciate the potential and quality position on offer.

Location
Calton Express is situated on Stroud Road, in Gloucester, a busy and sought after residential area of Gloucestershire. The business is around 1 mile away from the city centre.

Gloucester is a city and district in Gloucestershire, England, of which it is the county town. Gloucester lies close to the Welsh border, on the River Severn, between the Cotswolds to the east and the Forest of Dean to the southwest. In the 2016 census the population was 145,600.

Premises
These easily managed premises covering around 31 sqm, comprise of main shop area, a good-sized store room to the rear and WC.

There are a wide range of fixtures and fittings included within the sale as follows, new slushie machine, new coffee machine, new till and computer system, 2 display chillers, 3 bay chest freezer, serving counter, ice cream fridge, various racking and display shelving, tobacco gantry, CCTV system with 12 operational cameras and more.

The shop offers great potential for a ready willing and able purchaser and needs to be viewed to appreciate what’s on offer.

Tenure
We are advised that the business is being sold as a leasehold opportunity with a 15-year lease, which we believe has around 12/13 years left to run. The rent payable is £9,000 per annum.

Hours
Monday 6:30 a.m. to 9.00 p.m.
Tuesday 9:00 a.m. to 9.00 p.m.
Wednesday 6:30 a.m. to 9.00 p.m.
Thursday 6:30 a.m. to 9.00 p.m.
Friday 6:30 a.m. to 9.00 p.m.
Saturday 6:30 a.m. to 9:00 p.m.
Sunday 8:00 a.m. to 8.00 p.m.

Staff
The business is currently run by the owners as a family business.

Financial Profile
We believe from the vendor that they are presently turning over around £8,500 per week, with potential for this to be improved.

According to the VOA website the current rateable value is £4,000, however the owners benefit from small business rate relief so don’t have any rates to pay at present.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04303
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