Fully-stocked Convenience Store in Denbighshire

Rhyl, Clwyd
REF: R05992

Asking Price:
£59,950
Annual Turnover:
£300,000
Annual Net Profit:
£20,000
REF: R05992

Overview

Tenure:
Leasehold
Established:
2017
  • Large spacious premises
  • Inclusive accommodation
  • High footfall location
  • Vast range of stock
  • Potential for growth

A brilliant opportunity has now arisen for an interested buyer to take on a popular convenience store in Denbighshire. There is also the option to purchase Freehold.

Trading since last year, the business has gained a brilliant reputation amongst the local community, offering a huge range of essential everyday items at affordable prices, such as; various consumables, homeware, stationery, alcohol and reading materials at competitive prices, ensuring repeat trade from residents in the area.

Equipped with a fully-stocked premises, great financial figures and a loyal customer base, a new owner can lead the business to fulfil its potential with ease.

The business trades from a well-equipped premises with bright external signage, enticing passing trade inside. Upon entry, customers are greeted by a counter to the right and long aisles directly ahead stocked with newspapers, drinks, snacks and other items, as well as two drinks fridges. The first floor houses a two-bedroom flat which can be leased to the new owner for £500pcm. A convenient loading area can also be found at the rear of the property.

With minimal expenditure on advertising, the business has grown organically via word of mouth and as a result of its prominent, accessible location.

A new owner could grow the business’s exposure using social media platforms and extend opening hours till at least midnight, which would inevitably enhance trade.

The current owner would be willing to stay on for a transitional period of one month to assist the new proprietor with daily business operations.

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  • Residential area
  • Busy main road
  • Ample passing trade
  • Close to local businesses
  • Minimal competition
Rent
£7,200
Rates
£6,580
Lease Term
20
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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