Busy Convenience Store In High Street Location For Sale

Business description

• Good volumes of traffic and pedestrian flow.
• Prominent High Street location.
• Turnover averages £8,000 per week.
• Approx 1,100sq ft retail space.
• A good first time buyers business and ideal purchase for a family.
• Good loyal clientele.

This is an ideal opportunity to acquire an easily run and busy self service convenience store with scope for future growth. Surrounded by a densely populated residential area with schools and other local amenities.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure and full repairable renewable lease at a rental of £18,000 p.a. with 17 years remaining exclusive of rates. We have been informed the Uniform Business Rates are approx £7,000 p.a. payable.

Location:

The business is prominently situated at the end of this affluent Berkshire town High Street, serving a densely populated residential area.

Premises details:

The business is a well-established convenience store enjoying an excellent location, and has established itself in the area with a strong regular customer base as well as passing trade.
The business operates from a large double front ground floor premise with a sales area of approx 1100 sq. ft. It benefits from tiled floor, suspended ceiling, concealed lighting, CCTV, and is well equipped with alcohol display unit, magazine racks, freezers and open chillier display units, modern adjustable shelving, large sales counter, electronic cash register and has a EPOS system installed. To the rear of the premises there is a stockroom, small office and access to the rear service area. There is ample free on street parking to the front of the premises.
The shop is a Pay zone operator and sells a wide variety of everyday essentials including alcohol, cigarettes, tobacco, newspapers, magazines, greeting cards & stationery, soft drinks, sandwiches, mobile and international phone cards, confectionery, ice cream and sweets.

Business Operation

Expansion potential:

Our client clearly has a successful business and has excellent potential to increase this further. We feel the turnover could be increased by introducing a newspaper round, extending the hours and perhaps hot and cold snacks. Early viewing is highly recommended to fully appreciate this business

Trading hours:

Monday – Thursday 8.00am – 9.00pm
Friday 8.00am – 10.00pm
Saturday 9.00am – 10.00pm
Sunday 9.00am – 8.00pm

Other information

Support & training:

The owner would be happy to help with a smooth transfer of the business in any way possible. This is a turnkey business with a relatively short learning curve for any new owner.

Financing available:

If you are buying a business or commercial property we can assist you with your finance needs. Our commercial finance partners can assess your circumstances, secure very competitive rates and assist you in your purchase through to completion. Call our office for more details.