* REDUCED * Popular, Longstanding Convenience Store in Derbyshire

High Peak, Derbyshire
REF: R06808

Asking Price:
£39,950
Annual Turnover:
£450,000
Annual Net Profit:
£33,119
Reduced
Recently Sold
REF: R06808
Photo of * REDUCED * Popular, Longstanding Convenience Store in Derbyshire
Photo of * REDUCED * Popular, Longstanding Convenience Store in Derbyshire
Photo of * REDUCED * Popular, Longstanding Convenience Store in Derbyshire
Photo of * REDUCED * Popular, Longstanding Convenience Store in Derbyshire

Overview

Tenure:
Leasehold
Established:
1940
  • Loyal customer base
  • Low competition within the village
  • Huge potential for growth and success
  • Great reputation
  • Good passing trade

The business for sale is a well-known convenience store in Derbyshire. The business is known for the wide range of products, alcohol and also a wide range of services such as parcel delivery and pick up & pay zones.

Established in 1915, the store is well-recognised in the community and since its inception has been at the epicentre of success in the community due to its loyal, returning customer base.

The business is now for sale on a leasehold basis.

Operating from a modern, well-maintained premises, the store offers a range services and products such as Payzone and a pickup/delivery service. Customer enter directly onto the shop floor, with shelving displaying products and a counter to the front. The property also boasts two large storage rooms for excess stock and CCTV system to monitor both inside and outside the property.

Despite the firm foundations already in place, there are still ways in which the company can increase its growth and excel further. Extending the current opening hours to include later evenings would see a larger amount of footfall for the business. A new owner could help the success of the store by increasing advertising or by creating a website whereby customers who are travelling to the community can see what the store specialises in.

The current owner is also willing to stay on for a transitional period.

Location

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  • Minimal competition
  • High street location
  • High level of passing trade
  • Affluent area
  • Minimal competition

Property

Annual Rent
£9,500
Annual Rates
TBC
Lease Term (Years)
5
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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