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Fantastic Village Store Recently Fully Refurbished For Sale

Derby, Derbyshire
Asking Price:
£55,000 Furniture / Fixtures included
Sales Revenue:
£260,000
Cash Flow:
£21,605

INTRODUCTION
Trading as a village store and has recently been purchased and undergone a quality refurbishment. After being with the previous owners for 20 years, the store has recently reopened and are now looking for interested parties to take this forward to the next level. The store now offers an open plan walk round sales shop, providing newspaper & magazines, freshly made sandwiches on site, greeting cards, confectionery, meats, dairy products, frozen food, alcohol, cigarettes, dry cleaning. The store also has seating inside and out for customers to enjoy a coffee and a cake, and has a brand new fully equipped kitchen to grow the cafe side of the business. The store is to be sold on a leasehold basis and looking for offers in the region of £55,000, including fixtures and fittings and equipment.

LOCATION
The business is positioned on a main road in a popular village in Derby. The area is well linked by the A52 and A50 with good public transport links and parking on site. The road is very busy with excellent passing trade.

LEASE
The building and land is offered on a competitive rent of £800 per month. The lease will be fully negotiable upon the sale of the business.

FINANCIAL DETAILS
The new store has seen weekly sales grow week on week to £4,000. There is a real opportunity to grow this figure by introducing new services and increasing opening hours which are currently Monday - Friday 07.30 to 18.00, Saturday 08.30 to 16.00 and Sunday 09.00 to 14.00.

BUSINESS RATES
The business benefits from being exempt from paying business rates.

SUMMARY
This leasehold business occupies a superb trading position on a busy main road. There is plenty of scope to develop the business further with the introduction of new product ranges, longer opening hours. This proposition would ideally suit an owner operating team who could push the business forward and build on the enviable position for being the only store in the village. Early viewings are strongly advised.

Property information

Property:

Leasehold

Leasehold Rent:

£9,600 per annum

Location:

The store is situated on the main road running through the village. With parking available.

Business Operation

Expansion Potential:

There is the opportunity to increase opening hours and provide new additional services.

Competition / Market:

There is no competition in the village with the nearest convenience store over 1 mile away.

Trading hours:

Monday to Friday 07.30 - 18.00
Saturday 08.30 - 16.00
Sunday 09.00 - 14.00

Employees:
4 part time staff
Years established:
20

Other Information

Furniture / Fixtures value:
£25,000 - included in the asking price
Inventory / Stock value:
£4,000

Contact Information

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