Convenience Stores for sale in Swindon

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 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
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Leasehold Price: £44,999 Price Reduced Turnover: £260,000
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Business Description
Business
Hilton Smythe welcomes to the market this very well-established Premier Express convenience store, selling a wide range of products from tobacco to sweets.

The shop itself has been run by the current owner for 17 years now and is very well established. He is now looking towards a very well-earned retirement.

There is also a substantial 2 bedroom attached house which comes with the business and is ideal as owner’s accommodation or could easily be rented out for at least £700/£800 per calendar month, if not more, which would provide a very useful income.

We understand that the current shop takings are approximately between £4,000 and £5,000 per week and include approximately £1,000 per week for tobacco, £200 per week for newspapers, £1,000 per week for alcohol and £250 per week for drinks.

There is an extensive inventory of fixtures and fittings to include large drinks fridge, shelving and racking, serving counter and till and with more advertising, an increased product range and perhaps use of social media, we believe this shop could be taken to the next level.

Viewing is a must to appreciate what’s on offer.

Location
Hythe Road Stores (Premier Express) is situated in Swindon, on a busy residential street.

Swindon is a large town in the ceremonial county of Wiltshire, South West England, midway between Bristol, 35 miles to the west, and Reading, the same distance to the east.

London is 71 miles to the east, and Cardiff is 60 miles to the west.

At the 2011 census, Swindon's built-up area had a population of 182,441. Access is easily gained to all surrounding areas via the M4 motorway and the A419.

Premises
This is a unique opportunity to acquire a good sized 4-bedroom house with attached shop which covers approximately 48 sqm.

The shop consists of main shop area, large storage room with WC off and to the rear a large garage/store (pedestrian access only).

The house consists of a lounge and good-sized kitchen on the ground floor and 4 bedrooms on the first floor (3 being doubles) together with family bathroom and separate WC.

The shop comes with equipment to include; brand new ice cream fridge, 2 large chilled display cabinets, upright freezer, Epos till system, various shelving and racking and CCTV with 8 cameras.

We also have pavement parking to the front for 1 vehicle.

An internal inspection is very highly recommended to appreciate the property and future potential on offer.

Tenure
We are advised that the business is being sold as a leasehold opportunity, with a 20-year lease in place which has 19 years left to run.

The rent payable is £16,200 per annum for the whole.

Hours
Monday 7:00 a.m. to 10.00 p.m.
Tuesday 7:00 a.m. to 10.00 p.m.
Wednesday 7:00 a.m. to 10.00 p.m.
Thursday 7:00 a.m. to 10:00 p.m.
Friday 7.00 a.m. to 10.00 p.m.
Saturday 7.00 a.m. to 10.00 p.m.
Sunday 7.30 a.m. to 9:30 p.m.

Staff
The business is currently run by the owner and 1 other part time member of staff.

Financial Profile
We understand that the shop has a turnover of around £4,000 to £5,000 per week. There is also a 4-bedroom owners 2 storey flat which could be rented out at around £700/£800 per calendar month if not needed for own use.

According to the VOA website the current rateable value is £4,650. However, the owners do benefit from small business rate relief.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04369
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