Modern Convenience Store In Cannock Staffordshire For Sale

Business description

Superb Convenience Store

High Takings £14.000 per week and Rising

Lots of Potential For More

Fully Refurbished Shop on a Busy Main Road

Leasehold Price £165.000

Description and Trade:
An impressive Convenience Store well situated on a busy main road with lots of passing trade and adjacent car parking spaces.

The Business sells a wide selection of General Groceries. Beers. Wines & Spirits. Newspapers & Magazines. Greetings Cards and Sundry Lines.

Premises:
Retail Sales Area (approximately 1.350 sq. ft.) with tiled floor. The shop is very well fitted and presented.

Fixtures and fittings include: modern wall and double-sided gondola display shelving. chilled drinks cabinets. long dairy deck. ice cream freezer. chest display freezer cabinets. greetings cards stands. checkout counter with two EPOS cash registers. in-store ATM machine.

Other rooms include: spacious Stock Rooms. Office. Kitchen. Loading Bay. w.c.

The Premises are protected with a burglar alarm system and CCTV system.

Accommodation:
Above the Shop is potential for living accommodation with one Bedroom. Lounge and Shower Room with w.c.

Comments:
This is a superbly presented business with high sales and profits. The business was established by the present owners in 2009 and fitted to a very high standard.

Sales and profits continue rising as time goes by.

Application has been made to Camelot to install a National Lottery terminal. and the owners are confident that the application will soon be approved. Footfall and takings in the shop will obviously rise once the application has been approved.

Our Client Informs Us That:
Takings and Profitability:
Retail takings are around £14.000 per week and rising. with Gross Profits estimated to be in the region of 20%.

Additional commission income is earned from PayPoint and PayZone electronic payments services and a dry cleaning agency.

Trading Hours:
7.00am 9.30pm each day.

Staff:
The Business is operated by the owners with the help of just two part-time assistants.

Tenure:
Leasehold. The Premises are held on a 15-year lease from 2009. Present rent payable is £20.000 per annum with 5-yearly review dates.

Price:
£165.000 plus stock at valuation for the Lease. Business. Fixtures and Fittings.

Property information

Property:

Leasehold