 | Reduced Price Convenience Store For Sale Somerset, United Kingdom Advert ref: 2154 FINANCIAL DETAILS | Asking price: £119,500 Sales revenue: £500,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | A spacious village store, which offers a full range of groceries, news, wines & spirits for the local community. this is is the only shop in the village apart from the adjacent butcher. The business is well supported by the local community and the vendors take care to foster this on going relationship. The nearest competition is several miles away and as such this store is often used as a primary source of supply . This is alrge shop which has had a new frontage and recent air conditioning. National lottery and paypoint are available to customers.
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GENERAL INFORMATION | Years established: Current owners 6 years
Employees: ownser and part time
Trading hours: 6.00am-8.00pm
Property: Leasehold
Lease terms
The rent is £10200 pa and there are 7 yaers remaining on the current renewable laese; the rent is reviewed in Aug 2008.
Living accomodation
Large residential accomodation briefly 20' plus lounge, modern dining kitchen, 3 double bedrooms, office/bedroom. All in good condition and centrally heated throughout ( modern storage heaters). Private gardens.
Location
high street position in the centre of this popular somerset village taht has a population of around 1800 people.
Expansion potential
More of the same and possibly longer hours.
Competition / Market
No local competion, the nearest supermarket is about 5 miles distant.
Support & training
Handover and some support.
Reasons for selling
Relocation.
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The Business Partnership - Avon, Somerset, South Gloucs, Wiltshire | | | |
