Convenience Store

Stoke-on-Trent, Staffordshire
REF: 0966

Asking Price:
£125,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
Recently Sold
REF: 0966
Photo of Convenience Store
Photo of Convenience Store
Photo of Convenience Store
Photo of Convenience Store

Overview

Tenure:
Leasehold
Established:
1969
  • Huge growth potential
  • Friendly & Professional Team
  • Well Equipped Business
  • Spacious Premises
  • Recently Refurbished

This established convenience store is ran almost entirely by staff and has huge scope for growth.
The business has a healthy turnover and is positioned along a busy road in to the village.
This business would be ideal for an owner operator and offers huge potential.

This well positioned convenience store has its main entrance via single doorway to the right of a neatly presented shop face which leads into the convenience store.
To the right of the main entrance is an imposing and almost wall length service counter with separated sales counters and a further area to facilitate a sandwich bar or counter food sales.
The shop itself is vast and is open plan being spread across a number of well positioned and spacious sales aisles.
To the rear of the premises is access to a sizeable stock room. There is a WC to the rear of the building with rear access.
The upper floor comprises two, two bedroom flats. One is let out and the other is used as owner accommodation and office space.

Intelligent Business Transfer are delighted to offer to market this one off opportunity to acquire Endon’s flagship convenience store.
With excellent weekly takings of up to £12,000 per week across retail, payzone and lottery, the business is continuing to thrive even through difficult economic times.
The business is ran primarily by staff, with eight part time members of staff. The current owners often leave the business for lengthy periods of time with the staff opening and closing the business.
The business is well fitted to a great standard with the highest of specifications, these include CCTV, Security Shutters and EPOS. The refurbishment of the premises is outstanding and the interior features of exposed brickwork give the business a unique feel.
The business is branded under the Spar logo’s, however this is no longer a formal affiliation, although it does offer significant group savings and purchasing power.
The current owners have been in the business for over 2 years and have established the business as one of the largest in the area with little competition.

The business is on a leasehold assignment and this lease can either be taken over or a new lease negotiated with the landlord.
The business is currently ran by the owners as well as a competent team of staff.
The business would be ideal for an enthusiastic and driven buyer or partnership who can maximise the potential available as well as build on the already solid foundations.
Viewing is essential.

Location

Property

Annual Rent
£10,300
Annual Rates
£2,388
Lease Term (Years)
15
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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