Convenience Stores for sale in Swindon

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Very Popular & Thriving Convenience Store

Swindon, England

  • Leasehold Price: £29,999  Price Reduced arrow_drop_down
  • Turnover: £158,080
  • Gross Profit: £36,439
Seller Reference: B04369
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Business Description
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Seller Reference: B04369
Request Details
Business Description
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.

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.

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.

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.

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.

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.

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

Financial Profile
As per the 2018 accounts the turnover shows of circa £158,000 with a gross profit of 23%.

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

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