**REDUCED**Established Convenience Store in Rotherham

Rotherham, Derbyshire
REF: R05739

Asking Price:
£59,995
Annual Turnover:
£298,281
Annual Net Profit:
£25,000
Reduced
Recently Sold
REF: R05739
Photo of **REDUCED**Established Convenience Store in Rotherham
Photo of **REDUCED**Established Convenience Store in Rotherham
Photo of **REDUCED**Established Convenience Store in Rotherham

Overview

Tenure:
Leasehold
Established:
1945
  • Wide Variety of Products & Services
  • Recently Refurbished
  • Huge growth potential
  • Very Loyal Customer Base

On offer here is a long-running and successful convenience store, which has provided good quality products and service to the local inhabitants of Rotherham for over 25 years.

Having established a strong reputation and loyal customer base, this is a well-built platform which has set strong foundations and is in excellent walk-in condition.

A new buyer is presented a profitable opportunity which presents great scope for further expansion.

This is a well-operated and fully stocked convenience store and newsagents, retailing an assortment of daily consumables, confectionary items, alcohol as well as newspapers and magazines, all at cost-effective prices.
It also offers a Lottery and Paypoint service.

It trades from a single-fronted, terraced building which features clear exterior signage, displaying the business name. Internally, there is a large, open plan shop floor which features the stock throughout. There is a counter to the front of this area, which overlooks the store and allows for customer transactions. Beyond this area, is a small storage room and staff toilet facility.

The upper level floor comprises a small, one-bedroom apartment, complete with kitchen/diner and bathroom. It provides ample living accommodation and generates weekly income of £85, reducing the rental payment to just £115 a week.
All fixtures and fittings are high-end and included in the sale.

Trading consistently all year round, the business has grown organically through word of mouth and recommendations, successfully amassing a loyal customer base.

Intelligent Business Transfer are delighted to bring to the market this well-established business, favoured by customers for its top-quality offering and its friendly customer service.
Established in 1990 and under the current ownership since 2005, this business has experienced steady growth year on year and by keeping overheads nominally low, has successfully generated turnover in the region of £298,000.
This is an ideal platform for an experienced owner-operator or any individual looking to over the running of a popular convenience store.
Situated in a populated community, a new buyer could potentially increase business hours by keeping the store open till late, or even 24/7, which could bring in a wider range of customers.

Expanding the range of stock could also effectively draw in new customers and would bring in more revenue.
Whilst the current business has continually grown every year, it has done so without an online or social media presence. Establishing a presence to aid in advertising would boost exposure and help trade.

Intelligent Business Transfer are searching for a new buyer.

Location

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
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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