Convenience Stores for sale in Cannock

View the "CONVENIENCE STORE & OFF LICENCE IN HEDNESFORD, CANNOCK" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
View More
Leasehold Price: £55,000 Annual Turnover: £286,000
Request Details
Business Description
Very Well Presented Shop, around 460 sq. ft. Sales Area

Prominent Corner Trading Position in a Residential Area

Taking £5,500 per week

Plus Commission Income From Lotto, ATM, PayZone, Parcel Service

Relatively Low Overhead Costs

Includes Living Accommodation with 3 Bedrooms

Leasehold Price £55,000

Description and Trade:

A long established Convenience Store and Off Licence situated in a prominent corner trading position. This Business has been in the current owners’ since 2010 and enjoys a consistent trading history selling General Groceries, Beers, Wines and Spirits, Newspapers and Magazines and Greetings Cards. Substantial Commission Income is earned from the sale of National Lottery tickets, in-store ATM, PayPoint and PayZone electronic payments services and a Parcel Handling Service.

Premises:

The modern and well-fitted Sales Area (around 460 sq. ft.) has a suspended ceiling and tiled floor, fully fitted wall and double sided gondola shelving. Fixtures and fittings include chilled drinks cabinets, chest display freezer, ice cream freezer, checkout counter with cash register.

To the rear is a Stock Room, and a Yard with Garage and car parking space.

The Premises are protected by security shutters to front windows.

Living Accommodation:

On the Ground Floor: Hallway; Dining Room; fitted Kitchen and Shower Room/ w.c.

On the Upper Floor: large Lounge; large Bathroom; Two Double Bedrooms; Single Bedroom.

The living accommodation is centrally heated and double glazed.

Comments:

An opportunity to acquire a very well-established and well-presented Convenience Store with low overhead costs high a consistent trading history.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking around £5,500 per week.

In addition substantial commission income of around £8,000 per annum is earned from the sale of Lotto tickets, fee paying ATM, PayPoint and PayZone electronic payment services and a Parcel Handling Service.

Trading Hours:

7.00am – 9.00pm Monday to Friday

8.00am – 8.00pm Saturday & Sunday.

Staff:

The Business is operated by family members.

Tenure:

The Premises are held on a renewable lease until 2022. Present rent payable is just £10,400 per annum (£200 per week) for the shop and accommodation with 5-yearly review dates.

Price:

£55,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

Tenure: Leasehold

Listed by: Everett Masson and Furby

Find out more about this business opportunity.

 
* REQUIRED
*
*
*
*
*
*
*
*
*
Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
GOT33762K
Seller Reference:
You May Also Like...
loading... 
We use cookies to give you the best possible online experience. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. Find out more