Superbly Located Village Store Situated In West Sussex For Sale

Business description

This is a very profitable store is situated in the village of Northchapel in West Sussex, on the A283 it is approximately 6 miles from Petworth and 5 miles from Haselmere .

The premises have been a village shop since 1906 and benefits from over 1,000 sq ft of selling space, which has recently been refurbished to a very high standard, the store contains a Post Office and has the benefit of being part of the Londis group and has no competition within a radius of 5 miles.

The Post Office has been combined into the shop counter to aid efficiency, new chillers and display shelving, a redesigned and refurbished kitchen and preparation area have been installed plus a new CCTV and alarm system.

The store has a YP electronics EPOS system which generates the news accounts and paper rounds as well as labels, stock taking, electronic delivery notes and any other graphs or information required. The store uses the Londis ordering line to send the delivery each week, and Total Accounting is used to deal with VAT, Pay Roll and Accounts

The store benefits from “passing trade” which is assisted by a free parking lay-by immediately opposite the store, where customers can park their cars. It also has a private parking and goods delivered area which leads straight into the store and back storage space which can accommodate excess stock and any overflow of frozen food.

This store represents an excellent opportunity to purchase a vibrant successful going concern that also has the potential to grow in both revenue and profits.

The premises also have the benefit of combining a 2 bedroom self contained recently refurbished ground floor apartment with its own private access.

The advertised price is for the shop and the 2 bedroom self contained apartment and excludes any stock, the value of which will be calculated at time of transfer.

Would also consider a leaseing arrangment

Property information

Property:

Freehold

Living accommodation:

The price does include the Ground floor flat adjacent to shop wich has a large lounge, kitchen fully fitted, single and double bedroom and shower, wc. It also comes with parking in the courtyard for one car.

Location:

The shop is located on the busy A283 road, with parking adjasent the shop. The shop is a vital part of the village and is the only shop for approx 10 miles

Size in square feet:

2000 sq ft

Business Operation

Expansion potential:

This is a large 1000 sq ft store that is now laid out for general groceries, but part of the store could be changed in to any number of buisneses.

Competition / Market:

There is no shops in a 10 mile radius and there is no threat from any other buisness present or future

Reasons for selling:

We are looking to retire.

Trading hours:

Monday to Saturday 7 to 7
Sunday 8 to 12

Employees:

2 full time

Years established:

The shop has been in the village for over 50 plus years

Other information

Support & training:

Full training and support can be offered to any new owners

Furniture / Fixtures value:

£50,000 (included in the asking price)

Inventory / Stock value:

£15,000

Related documents:

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• Document

Leasehold asking price:

£115,000 (Furniture / Fixtures included)

Post office salary:

£13,000 per annum