Well-established Convenience Store in Sheffield

Sheffield, South Yorkshire
REF: R05849

Asking Price:
£34,950
Annual Turnover:
£156,000
Annual Net Profit:
TBC
Featured
REF: R05849

Overview

Tenure:
Leasehold
Established:
1980
  • Loyal customer base
  • High standard renovation
  • Ample footfall
  • Paper delivery service
  • Established for over 30 years

This is a fantastic opportunity to take on a popular convenience store in Sheffield.

Trading as a convenience store for over 30 years, the business has garnered a reputation for varied stock and brilliant, personalised service. Local customers are loyal to the business, frequenting the store for their everyday essentials. The store currently operates 11 paper rounds, which contribute to the 50/50 sale revenue of newspapers and general store sales.

The new owner is presented with high quality premises and stable financial figures through which operations can continue to run effectively.

Customers immediately notice the spacious and well-organised shop floor on entry, which has been recently renovated to a very high standard. A customer counter lies at the front of the store. Beyond the fully-stocked shop floor is a small storage room and staff room. Staff toilets can be found on the first floor.

Word of mouth has been the business’s sole means of promotion.

Ideal for an individual looking to take on a successful local venture, or a current shop owner-operator looking to grow through acquired profit, the business could be expanded by any new owner.

Advertising via leaflet drops within the local area could be beneficial in widening its customer base, as would extending opening hours to accommodate full-time weekday workers. Introducing other services such as a Payzone or Lotto and selling alcohol would also be very lucrative moves. The current owner would be willing to provide a full handover regarding business operations, to the new owner.

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  • Residential area
  • Good passing trade
  • Popular with students
  • Close to complementary businesses
  • Parking close by
Rent
£9,000
Rates
£0
Lease Term
10
Lease Expiry
8 left
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
F 126-150

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

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