Leasehold Convenience Store With Newsagent For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this busy city centre convenience store. It was established in 1990 and has been under our client's careful ownership since 1992. It is only now being offered to the market due to our client's wish to retire. The shop receives a huge amount of passing trade, due to the excellent location and as a result is achieving very healthy figures. Turnover is currently in the region of £600,000 per annum with a gross profit of approximately 20%. Rents are incredibly low for such a central site at just £15,000 per year, which gives any prospective retailer a head start on the competition. Whilst the shop is doing well, we feel that there is room for improvement by introducing a hot food counter as it is a great site from which to offer breakfast and lunches. It would also benefit from the introduction of the National Lottery and Payzone. We feel this is an ideal business for independent retailers and symbol groups alike and expect interest to be very high. SBS urge early viewing to avoid disappointment.

Property information

Property:

Leasehold

Lease terms:

Original length: 12 years
Remaining length: 4½ years
Rent: £291 per week

Living accommodation:

PROPERTY DETAILS Ground floor, city centre retail unit with CCTV, briefly comprising: GROUND FLOOR . Tiled floor . Suspended ceiling . Shelving to the walls . Dairy refrigerator . Coke refrigerator . Dale farm ice cream refrigerator . Nescafe coffee dock . Greeting card display . Counter with confectionery display and cash register . Store . Kitchen

Location:

This business is located in a prime location within a parade of shops in the heart of Belfast, Co Antrim. There is an extremely high daily footfall and this accounts for the day to day trade of the business. There is ample car parking available in the nearby car parks of the town. Belfast is very much an up and coming city and the area in which the store is located is experiencing large amounts of inward investment. It is served by the George Best Airport, which is just 10 minutes away and the international airport 20 minutes away.

Other information

Trading hours:

Mon - Sat: 7.00am - 7.00pm Sun: Closed