Retail

Convenience Stores

THE BUSINESS Advent Business Sales is pleased to offer for sale this extremely well established and popular newsagent/off licence, which has been trading successfully since 1980. Established by the vendors, reluctantly the business is offered for sale due to imminent plans to retire. Our client has achieved an excellent reputation culminating in loyal regular customers. The business, which offers a range of services and products for sale including: Newsagent (counter sales only) Off licence Cigarettes Grocery Convenience Ice cream Household General supplies Payzone Our client has introduced successfully a good range of Continental foods and groceries especially for their Polish customers and this has been very popular. The premises have benefited from a full refit only a couple of years ago. Our client has the facility to accept debit and credit card payments. The business is staffed by the vendors, a husband and wife team. TRADING HOURS Mon Sun: 7.00am 10.00pm EXPANSION POTENTIAL There is scope for significant expansion, which could include extending the range of Continental foods and groceries. Alternatively, any new owners would benefit greatly by joining a buying group like Nisa, Costcutter, Londis and start doing offers n beers, especially to increase trade further. FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 9500 Gross Profit: 25% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES The property is a ground floor self contained lock up unit, with efficient sales and storage areas. The shop has the added benefit of full roller shutters as well as red care alarm system and CCTV and briefly consists of: Ground Floor Corner premises with central doorway leading into main sales area Counter to the front with cigarette gantry Good selection of fridges, freezers and wall to wall shelving and racks Rear doorway leading to the large storage area W/c Kitchen area Rear exit into small yard External Paved to shop front Street parking TENURE: Leasehold Terms to be negotiated Original lease: TBC Remaining lease: TBC Review every: TBC Rent: 15,000 - 18,000 We are advised that the annual business rates are currently: 800