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A fantastic opportunity to purchase a well established off license/convenience store with a two bedroom flat above the property, in Sutton In Ashfield, Mansfield. The shop has been with the same owner for the past 8 years. The shop is now being sold due to a change in personal circumstances.
The shop is located in the town of Sutton In Ashfield, in Mansfield, Nottinghamshire. The M1 motorway and A38 are easily accessible from this area, therefore, the shop does get a lot of passing commuter trade, especially as its located on a main road with ample parking to the side, and two car parks towards the rear of the property.
The shop provides a popular range of products to serve the surrounding residential areas, passing trade, and the children from the nearby schools. The shop benefits from having a number of schools surrounding it, both secondary and primary, thus bringing in great income from both parents and children.
The store is fully licensed and stocks a range of convenience store essentials such as:
- Beers, wines and spirits
- Confectionery and snacks
- General household items and groceries including chilled and frozen goods.
Other services offered in the store are Lotto, Paypoint, and Hermes parcel service. The parcel service is extremely busy, and is the busiest store in the region, therefore, generating a substantial amount of commission.
- Shop weekly turnover ranges from £5,000 - £5,500 (exluding addidional services).
- Rent per annum only £13,000, no rent reviews were negotiated by current owners, and landlord is happy to continue this agreement.
- No business rates payable.
Asking price for leasehold business is £50,000 plus stock, however, the owner is open to sensible offers.
Although the business is being sold as a leasehold opportunity, if anyone is interested in purchasing the freehold as well as the business, the landlord is happy to sell.
Huge scope to increase turnover by extending opening times as these have been reduced by current owner due to personal circumstances, introduce food to go, hot drinks machine, slush machine, and newspaper rounds.
There is a well presented two bedroom flat above the property, with a large lounge, large bathroom, and store cupboard. The current shop owner resides in this premises, but this could provide an additional revenue of income if rented out as the flat can be accessed by a separate entrance.
The shop is located on a busy main road in Sutton In Ashfield, in Mansfield, Nottinghamshire. The M1 motorway and A38 are easily accessible from this area, therefore, the shop does get a lot of passing commuter trade, especially as its located on a main road with ample parking to the side, and two car parks towards the rear of the property.
Main shop area with sales counter at the front,
2 Epos till systems with scanners,
3 large open chillers,
2 double door standing freezers,
1 ice cream freezer,
CCTV and alarm monitoring,
Kitchen and stock area to the rear of the store,
Back door leading to back yard where there is a locked garage, secure gated area to park additional vehicle, and w/c.
Change in personal circumstances.
Monday to Friday 8am - 10pm
Saturday and Sunday 10am - 10pm
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