Convenience Store

Chester, Cheshire
REF: 0871

Asking Price:
£279,950
Annual Turnover:
£240,000
Annual Net Profit:
£41,961
Recently Sold
REF: 0871
Photo of Convenience Store
Photo of Convenience Store
Photo of Convenience Store
Photo of Convenience Store

Overview

Tenure:
Leasehold
Established:
1996
  • Well Equipped Business
  • Huge growth potential
  • Excellent Reputation

Rarely does a business of this calibre come to the open market, early viewings are advised.

The premises are on a leasehold basis and cover a sizeable internal square footage. (spec to be confirmed)

On entering the double fronted main entrance, the shop is open plan with the sales counter to the immediate left and stetching down to the far wall.
To the right hand side are number of well positioned, bright and spacious aisles.
To the rear of the premises are a large store room with rear access, as well as an office and WC.

There is rear access to the rear yard.

Intelligent Business Transfer are delighted to bring to market this outstanding example of a thriving and busy community convenience store.

The business has been established for over 15 years, and has traded in its current retail space since 2005. The business is owned by a family, who have ran the business between them since inception.

The business sells a variety of convenience goods including alcohol, groceries, toiletries and frozen goods.

The current owner runs the business with 3 full time and 5 part time members of staff.

The business is currently trading as a Londis, and is extremely well fitted including CCTV, Air Conditioning and EPOS.

There is huge scope to develop the business further, including expanding the opening times and stock variety.

The Post Office have also requested the current owners to take on a Post Office internally which we believe could easily generate an additional 50-100k post office salary (to be confirmed).

The owners are selling due to retirement and emigration out of the UK.

We advise an early viewing.

Location

Property

Annual Rent
£20,000
Annual Rates
£7,300
Lease Term (Years)
12
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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