Freehold Convenience Store For Sale

Business description

Bag A Businessis delighted to offer to the market this excellent convenience store. There has been a business on the site since the 1970s, and it has been in the careful ownership of our client since 1987. It is only now offered for sale due to family pressures following a bereavement. Annual turnover is currently in the region of around £147,000 with a gross profit of 19.6%. The business could easily be grown to its former levels by increasing stock levels, expanding the range and extending opening hours. We feel that this is an exceptionally versatile business and strongly recommend early viewing.

Property information

Property:

Leasehold

Lease terms:

Leasehold
New lease to be negotiated
Rent: IRO £7,000 per annum
Freehold option to include 4 bed bungalow £299,950 + SAV

Living accommodation:

PROPERTY DETAILS Single storey convenience store. Briefly comprising: GROUND FLOOR Spacious main sales area Racking and shelving to suit trade Central aisle gondolas Chilled display cabinets Deep freezers Cigarette gantry Retail counter with cash register Confectionery display EXTERNAL Rear yard ADDITIONAL INFORMATION The freehold is also available , to include a neighbouring 4-bedroom bungalow comprising of: Spacious stock room with racking - could be utilised to extend retail area W/C and washroom Fully fitted kitchen with a range of base and wall units and dining area Living/dining room Hallway 2 double bedrooms with fitted wardrobes Double bedroom Single bedroom Family bathroom Shower room Lounge with patio doors to garden Garden to side of property with potential for development Freehold price: £299,000 + SAV

Location:

This well proportioned convenience store is situated in the heart of a housing estate in Selston, Nottinghamshire. The village has a good range of amenities and the shop itself has limited competition. Selston itself is situated between junctions 27 and 28 of the M1 motorway and is within easy reach of Nottingham East Midlands Airport.

Other information

Trading hours:

7 days a week