Convenience Stores for sale in Cambridgeshire

View the "CONVENIENCE STORE/NEWSAGENTS/P.O. LOCAL – COTTENHAM, CAMBRIDGESHIRE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thank you for your part in promoting the Café and enabling the sale. 

John Peacock (Feb 2017)
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Leasehold Price: £195,000
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Business Description
This very well presented shop really does tick all of the boxes if you are looking for such an operation to run. Being located in a very desirable, well served and affluent village just outside of Cambridge and with little immediate competition it offers a wonderful opportunity for a new owner to further increase the significant returns already being enjoyed.

Income is derived from many sources and all provide the additional benefit of being able to cross sell the other parts of the business thus making the average spend from a typical customer much greater than would normally be expected.

This is certainly one of the best offerings of this type of business that we have seen for some time and as such we would encourage all interested parties to contact us for further details as soon as possible.

THE BUSINESS ITSELFCurrently the business is predominantly staff led and so the vendor plays a lesser role in the day to day running of it and yet the business still provides a very good income. There is however obvious potential for a full time working owner to increase their profits from the business and even more significantly so with a working couple or family.

The key areas to the business are the P.O. Local counter which brings much footfall to the shop. In addition the shop, as well as providing a range of general goods, is able to sell alcohol, however only being open until 6:30 pm would suggest that this part could be capitalised on further by being open later into the evening. The store also offers National Lottery services and acts as agents for dry cleaning and shoe repairs. Lastly the newsrounds provide significant additional income into the business with prestigious accounts held by a number of the Cambridge university colleges, Lords and Ladies and H.N.W Individuals with some 800 papers delivered a day across approximately 30 rounds.

With a turnover in excess of £600k p.a and with the high margins associated with such a business together with the scope to increase these further means that this opportunity should be considered seriously.

ACCOMMODATIONALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The shop enjoys a prominent position on the long main high street at the opposite end to what would be considered the competing stores. With double full height glazed windows and central door, a warm welcome is provided as you enter in. Having been completely refurbished in the last 2 years the internal space really does present well and although the floor area is just 680 sq. ft. the ‘L’ shape layout works and there remains a sense of space within.

Fitted with four service counters, two for the shop and the other two for the P.O and complimented by various shelving and display units, together with refrigerated units for fresh produce and drinks. The property also benefits from having unrestricted parking bays directly outside of it which the customers, staff and owners can enjoy.

In addition to the retail space there is the opportunity to also rent the upstairs 2 bedroom flat which again has been refurbished in recent years. Currently laid out as two bedrooms, kitchen, lounge and bathroom, it would also work very well as a 1bed flat with a large lounge and office.

Trading Hours:
Mon – Sat: 6:00am – 6:30pm.
Sun: 7:00am – 1:00pm.

Tenure: Leasehold

Listed by: Everett Masson and Furby

Find out more about this business opportunity.

 
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T33743E
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