Leasehold Convenience Store For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this thriving convenience store business in such an enviable trading location within Colwyn Bay. The business currently has an annual turnover of £1,200,000 achieving a gross profit of 24.8 per cent and a net profit of £80,000. The store has recently undergone a major refurbishment programme and benefits from an exceptionally high standard
of fixture and fittings throughout. It is licensed for alcohol sales, has E-Top up facilities and the National Lottery. The business is also branded as a Premier establishment. This is a unique opportunity to acquire such a thriving local business. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original: 35 years
Remaining:35 years
Review: 5 years.
Rent: £25,000 per annum.

Living accommodation:

Lock up convenience store with 1900 square feet sales area. Ground Floor • Main store. • 2 position sales counter and National Lottery terminals. • 6 central shopping aisles. • Tiled flooring. • Shelving/racking systems on walls. • Shelf media viewing screens. • 100 foot of open refridgerated chiller display units. • Extensive off licence section. • CCTV, security radio, panic buttons and alarm systems. • New EPOS sales system. • Rear store room with delivery access. • Staff W.C • Office. External • Wide frontage. • Ample car parking nearby. • Private staff car parking.

Location:

The business is located in a prime, highly visible corner site trading position on Conwy Road within the centre of Colwyn Bay in North Wales. It occupies particularly spacious leasehold premises with a 1900 square foot internal sales area. The premises have a wide triple frontage with ample car parking facilities in the vacinity. The site is surrounded by a variety of other quality shops, businesses and banks, which contribute to a high daily footfall. There are also a number of schools close by and a popular residential area from which the business derives much of its trade.
Conwy Road is the main A547 and the major arterial road within Colwyn Bay, therefore generating much passing trade. The premises are easily accessible to the A55 expressway linking Holyhead to Chester and on to the M56 motorway.

Contact the seller

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