Business Overview:
The Business:
Advent business Sales have been instructed to offer for sale this extremely well established business, which has been in the hands of the current owner since 1979.
The property has a self contained two bedroom apartment, with separate side entrance.
The apartment is in need of some repairs and restoration, as it has not been lived in for around twenty five years.
The Shop itself offers a broad variation of products.
These including:
Newspapers;
Beers- wines- spirits;
Cigarettes & tobacco;
Confectionery – sweets - crisps;
General groceries;
Frozen foods;
Fresh fruit and Vegetables;
Ice creams.
Local produce of Honey – Cheese and a large variation of continental foods are available from the popular Deli counter.
We have been advised by the vendors that the local council have agreed a 50% grant to renovate the living accommodation.
The vendors have been awarded twice, as Asian traders of the year.
Trading Hours:
Mon – Sat: 8.00am – 8.00pm.
Sun: 8.30am – 4.00pm.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
The three story corner premises have the added security of roller shutters, and red care alarm.
Briefly consisting of:
Ground floor:
Entrance door leading into main sales area;
Counter to the rear of shop;
Display counters and chest freezers;
Central aisles, shelves and display racks;
Deli counter;
Split level sales area;
Large stockroom and basement area;
Steps to upper floors;
Rear fire exit;
Rear storeroom.
First floor:
Family lounge;
One bedroom;
Family bathroom.
Second floor:
One double bedroom.
External:
Paved to premises;
Small yard to rear of property.
Tenure: Freehold.
We are advised that the annual business rates are currently: £930.
Market Competition and Expansion:
Expansion Potential:
Although already a highly successful and profitable business, there is further scope to increase sales by increasing the opening hours and increase the hot food and deli section on counter sales.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: