Convenience Store Off Licence For Sale

Business description

CONVENIENCE STORE OFF LICENCE - BLACKPOOL
High levels of repeat & regular custom
Turnover £280,000 gross profit 23%
Annual rent just £4,420 per annum
Early viewing highly recommended
Scope for futher development
Busy all year round
LEASEHOLD


Business History

Meridian Business Sales are delighted to bring to the market this superb and well established convenience store and off licence which is situated in a fantastic trading location in the popular North Shore area of Blackpool. The business is near by to the main major hotels of Blackpool including the Imperial, Savoy, Hilton and The Cliffs meaning that trade is brisk all year round from the many conferences and events which are held in the area. The shop is also at the heart of a very busy residential and letting area giving high levels of repeat and regular custom from the local community. The business which has been established for over 12 years and in the careful ownership of our client for the last 18 months, is in fact only reluctantly being brought to the market due to our clients other business interests and the fact that he needs to spend more time with his growing family. The business has an extremely healthy turnover of £280,000pa with a gross profit margin of 23% which is rising on a weekly basis. This is a fantastic opportunity for new owners to take advantage of an already established and successful business with huge potential for further growth, therefore early viewing is highly recommended as it is anticipated that demand will be high.


Accommodation

Ground floor, mid terraced premises on busy main road location in a parade of shops briefly comprising of:-

Double fronted with central main entrance leading to shop floor area with:-
CCTV
Cash register
Magazine racks
Post card display
Main till area
Chewing gum display
Confectionary area
Shelving for alcoholic drinks
Secure cigarette gantry
Shelving for household items
Chiller for displays of dairy products pies and pasties etc
Large Lucozade chiller for the display of soft drinks
Double Pepsi display chiller
2 single Coca Cola chillers
Walkers crisps display
LINK cash machine
Window display
Greeting card display rack
Single chiller for wines etc
Double Stella Artois chiller
Shelving for beers and ciders etc
Shelving displays for convenience store items

To the rear of the shop:-
Office with CCTV display monitor, shelving, desk, filing cabinet etc
Storage area with shelving
Double ice cream chiller
Kitchen area sink and drainer
2 fridges, shelving microwave and toaster
2 x WC's
Secure back door
Back yard with parking for 2 cars

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining: 3 years
Rent: £4,420pa

Location:

Situated in a superb prime trading location in North Shore Blackpool, the business enjoys an ideal position on a busy main road close to the year round hotels including the Imperial, Hilton, Savoy and The Cliffs. The business is complimented by other commercial concerns as well as being located in a busy residential and letting area. Central Blackpool is only 5 minutes away with all its amenities and very popular tourist attractions including Blackpool Tower, North, Central and South Piers and Blackpool Pleasure Beach. The main promenade is less than a 2 minute walk away. Blackpool North train station is less than 5 minutes away and the M55 motorway which links all of the major motorway networks via the M6 is less than a 10 minute drive away.