Asking price: £159,950

Sales revenue: £240,000

Net profit: Undisclosed

Fixtures value: £5,000

Stock value: Undisclosed

Business description
This convenience store is situated in the ‘New Cross’ area of Sutton-in-Ashfield, a town some 3 miles from Junction 28 of the M1 motorway.The business primarily serves the local residents and passing school children. This is an established business trading profitably from this prominent trading position for very many years.

Years established: Established many years

Employees: Family owners

Trading hours: 5.00am to 9.00pm, 7 days.

Property: Freehold

Lease terms
Whilst the business is offered for sale as a freehold, the owner may consider selling the leasehold at approximately £45,000 with rent of £160 per week for the shop portion of the property.

Living accomodation
Accommodation. On the ground floor is a conservatory, sitting/ dining room and a modern fully fitted kitchen. On the first floor is a bathroom and 3 bedrooms. Outside is a large patio area and garage.

Location
At the junction of busy main roads.

Competition / Market
Normal local competition.

Support & training
The owners of many years are now looking to retire.