Leasehold Convenience Store For Sale

Business description

Bag a Business is delighted to offer to the market the Adana Minimarket in Cambridge. The minimarket has been in the careful hands of our client for over 15 years and is only now being offered to the market due to our client's strong desire to retire. The business has developed an enviable reputation throughout the area and consequently benefits from high levels of repeat custom. The minimarket's enviable position produces great footfall, as well as regular all year round trade from the nearby colleges and halls of residence. Currently the business generates an excellent annual turnover in the region of £780,000 with a gross profit of £195,000, derived from offering a varied product range to accommodate its customers. The store has been fully refurbished by our client, offering a new owner the opportunity to walk in and trade from day one. Bag a Business recommend early viewing to appreciate the quality and scope of this profitable and thriving business.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining length: 3 years
Review every: 5 years
Rent: to be confirmed

Living accommodation:

ACCOMMODATION DETAILS Ground floor, lock-up retail unit, briefly comprising: GROUND FLOOR Main entrance leading to - Open plan trading area 2 central gondolas Ice cream freezer Drinks and dairy chiller cabinets 3 upright refrigerators Sales counter with Pay Point and phone card top-up facilities Cigarette gantry Wall racking throughout Tiled floor Suspended ceiling with halogen lights W/C Kitchen area Store room

Location:

The Adana Minimarket is ideally located in a prime trading position on East Road, in the centre of the busy and thriving City of Cambridge. The City of Cambridge is enjoying large amounts of investment in quality and affordable housing making it a popular and growing area for all age groups. The city also boasts good schools and hospitals, as well as excellent leisure facilities. Cambridge has strong road links via the A14 and M11 motorways.

Other information

Trading hours:

7 days a week: 9.00am - 5.30pm