Business for Sale Overview:
These two adjacent stores are busy independent Convenience stores fitted out to a very high standard and serving the local community. The store has been established on this site for over 34 years and enjoys an excellent catchment area that benefits from the trade of many local households. This business is ideally placed with high levels of passing traffic throughout the day, seven days per week. In addition to groceries the store offers a wide range of products including all major brands of general goods, food, general convenience products, alcohol, cigarettes, fresh fruit, vegetables, confectionery and deli bar etc .The store is also a newsagent selling papers and magazines to customers who also benefit from the lottery, Western Union Money transfer and ATM Machine, all of which which yield high returns to the owner.
The business also operates the cafe next door serving fresh sandwiches and hot and cold meals and drinks. This store is the “place to meet” for the morning paper a great cup of coffee and a freshly baked treat. The location of this business also brings in a constant stream of business, located as it is on one of the busiest roads in the area and with plenty of parking available. This is a high margin business with solid growth opportunities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The premise consists of a cafe, convenience store plus a three bed flat with kitchen & balcony. These high quality premises are leasehold, and rent is currently circa £18,000 per annum. There is an excellent longstanding relationship with the landlord, and a new lease could be negotiated on terms agreeable to both parties. With a new lease available means this will always be a highly desirable business unit.
The Store is ideally located in market place and in a prominent, highly visible corner trading position, close to the traffic lights. And is a popular resource with current major clients and potential new clients.
There is sufficient parking with the premises. Adjacent to premises is a medical center and many local housing and a car park just across the road.
Market Competition and Expansion:
Having been established over 34 years this business does little by way of local advertising, the business has a large repeat client base enjoying high levels of repeat business, testimony to the excellent reputation this business has for its unique, high quality product range and customer service. The business for sale benefits from excellent trading location with a high volume of passing pedestrian and vehicular traffic.
Reason for Selling:
This is a genuine retirement sale.
Additional Details:
- The property is leased.
- The owner is 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.