* REDUCED * Convenience Store and Substantial Freehold Property in Herefordshire

Eardisley, Herefordshire
REF: R06453

Asking Price:
£500,000
Annual Turnover:
£523,000
Annual Net Profit:
£100,000
Reduced
Recently Sold
REF: R06453
Photo of * REDUCED * Convenience Store and Substantial Freehold Property in Herefordshire

Overview

Tenure:
Freehold
Established:
2000
  • No local competition
  • Spacious habitable property with garden and garage
  • Two year ROI
  • Returning customer base
  • Vast potential for growth

An unmissable opportunity to purchase a convenience store and large freehold property outright has arisen in Herefordshire.
Acting as an essential pillar to the local community, the convenience store has been operating for over 20 years, selling a whole host of everyday consumables and household items. The new owner would not only acquire a fully-stocked store, but also a huge property in which they could reside.
With no local competition and a predicted two year return on investment, the right buyer would immediately benefit from a steady revenue stream which could be easily grown through a few simple steps.

The store offers a range of goods inclusive of cleaning products, stationery, children’s toys, reading materials, dairy products and other consumables. Its wide selection attracts passing trade, regular locals and nearby businesses.

The detached property houses a large open-plan shop area on the ground floor. A till lies to the front, overlooking the whole store. Stock is displayed on shelving throughout as well as in various fridges and freezers. To the rear, there is a separate kitchen accommodating an oven and fridge freezer and space used for making pies, rolls and sandwiches available for customers to takeaway; a feature which has proven hugely popular in recent years and could be developed by a new owner.

Substantial accommodation can be found on the first floor, comprising a four bedroom flat with a dining room, lounge, kitchen and bathroom. A two bedroom flat also has its own bathroom, lounge, dining room and unfurnished kitchen.

With little need for marketing, the business has experienced good trade levels due to its prominent position on the village’s bustling high street.

An unmissable opportunity to purchase a convenience store and large freehold property outright has arisen in Herefordshire.
Acting as an essential pillar to the local community, the convenience store has been operating for over 20 years, selling a whole host of everyday consumables and household items. The new owner would not only acquire a fully-stocked store, but also a huge property in which they could reside.
With no local competition and a predicted two year return on investment, the right buyer would immediately benefit from a steady revenue stream which could be easily grown through a few simple steps.

No local competition
Spacious habitable property with garden and garage
Two year ROI
Returning customer base
Vast potential for growth

Location

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Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
£400,000
EPC Rating
C 51-75

Financial & More

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

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