Convenience Stores for sale in Todmorden

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Convenience, Post Office & Accomm - Todmorden

Todmorden, West Yorkshire, England

  • Leasehold Price: £94,995
  • Annual Turnover: £365,293
  • Annual Gross Profit: £88,280
Seller Reference: 7002
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Business Description
 
 
 
 
 
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Seller Reference: 7002
Request Details
Business Description
Prominent Main Road Location
Accounts Available Year End 31st March 2020
Annual Turnover £365,293
Gross Profit £88,280
Turnover From February 2020 to August 2020 £357,299
Post Office Salary £12,500 Per Annum
Accounts Available After Viewing
3 Bed Accommodation Available If Required
Free Parking In Immediate Area
Managed By Staff
Newly Fitted Throughout
Strong Base Of Regular Customers
Excellent Trading Position
Recently Refurbished
CCTV In Place
Scope For Longer Opening Hours
Freehold Option available upon request
EPC – D
REF 7002 – Leasehold Convenience, Post Office & Accomm

Blacks Brokers are pleased to bring to the market this leasehold convenience store, Post Office and accommodation located in Cornholme, Todmorden.

INTRODUCTION

Calderdale Convenience Premier was established by our client in this densely populated area of Cornholme in 2017 after a full refurbishment and refit. The business offers a range of convenience products, Post Office services, National Lottery and much more. The shop has quickly become very well known and has a strong base of regular customers in place. It also benefits from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.

LOCATION

Calderdale Convenience Premier occupies a main road trading position in a row of residential properties. The area is densely populated with a large number of houses, schools and other local amenities nearby. The area is well linked by the A646 with good public transport links and parking is available immediately outside the shop.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business commitments being higher than anticipated, the business is mainly managed by staff and is therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. Our client offers a new lease with this business sale the length of which can be negotiated, it will run at cost of £325 per week for the shop and the flat.

STAFF

The business operates with two members of staff in full time employment supporting our client working on a part time basis overseeing the management of the shop.

FINANCIAL DETAILS

Calderdale Convenience Premier has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st March 2020 show that the business has an annual turnover of £365,293 with a gross profit of £80,280. Accounts are available after viewing.

SUMMARY

This is a newly fitted and very well known shop and Post Office which occupies a superb trading position and has a strong base of regular customers in place. There is plenty of scope to develop the business further with the introduction of an owner operating team to reduce staffing costs and potentially longer opening hours. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Open Drinks Fridge

Double Freezer

Single Freezer

Open Display Fridge x 2

Tier Freezer x 3

Shelving

CCTV

Till

Nescafe Coffee Machine
Trading hours:
MON - THU: 08:00 - 21:00
FRI: 08:00 - 22:00
SAT: 09:00 - 22:00
SUN: 09:00 - 21:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Calderdale Convenience Premier operates from the ground floor of a spacious end terraced property with traditional double frontage. The business has large branding and signage on display. Inside, the shop is well presented with tiled flooring throughout, display fridges and freezers, counter and Post Office counter. There is also a storage area and toilet facilities. CCTV is fitted throughout and all areas have been finished to a very high standard.

The first floor comprises of three bedrooms, lounge, bathroom and fitted kitchen.

Location Details:
Todmorden
Leasehold Term:
£325 Per Week - Shop & Flat
Listed by:
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