Hilton Smythe is delighted to welcome to the market this well established and very popular convenience store in Burton-Upon-Trent, Staffordshire. The business was established over 25 years ago and is only now being offered to the market due to our client`s desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £336,700 per annum, with a gross profit of approximately 20%.
The business is Premier branded and offers a range of goods and services, including a wide variety of convenience items, Lotto, Western Union and Paypoint. The property boasts a very spacious sales and display area and is decorated and maintained to a very high standard. The business has built up an enviable reputation within the area for the high quality of goods available, which has resulted in a very loyal client base, with a high volume of repeat trade.
We feel the turnover could be increased by embarking on a modest marketing campaign to highlight the business and goods/services offered. The business would further benefit from a hands on owner, as our client runs the business at a pace to suit and it is mostly run by staff members. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.
Jagpal Stores Ltd occupies substantial ground floor premises, ideally located in a prominent trading location in Burton-Upon-Trent, Staffordshire. The business is situated within a parade of complimentary shops and businesses and benefits from a large volume of footfall and passing trade. The business further benefits from on-street parking within the immediate vicinity. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. Burton-Upon-Trent is a town on the River Trent in Staffordshire. According to the 2001 census, the town had a residential population of 43,784.
The town boasts a good selection of amenities including churches, a library and restaurants, as well as excellent schools and parks, making it a highly desirable place in which to live and work. The area of the business is well-served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 10 minutes` walk away. The area is also well-served by the A-roads, with both the A38 and A5121 within easy driving distance, which link to the vast A-road and motorway networks. Derby is approximately 11½ miles away and Birmingham is 27 miles away.
Ground floor retail premises, briefly comprising:
Open plan sales and display area.
Racking and shelving to perimeter walls.
3 x new freezer units.
Large open chiller bed unit.
2 x central aisles.
Large newspaper/magazine display area.
Serve over counter with scratchcard display, confectionery display, 2 x EPOS systems and tobacco gantry to rear.
Air conditioning system.
To the rear:
Large store room.
Internet based CCTV.
We are advised Leasehold.
New lease to be negotiated.
The business is open:
Monday: 5.30am – 11.00pm
Tuesday: 5.30am – 11.00pm
Wednesday: 5.30am – 11.00pm
Thursday: 5.30am – 11.00pm
Friday: 5.30am – 11.00pm
Saturday: 5.30am – 11.00pm
Sunday: 5.30am – 11.00pm
The business is owner run and managed with 3 x staff members.
The business generates a turnover in the region of £336,700 per annum, with a gross profit of approximately 20%.
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