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Convenience Store In Stoke on Trent For Sale

 
Stoke on Trent, Staffordshire, United Kingdom
 
Advert ref: C1090
 
FINANCIAL DETAILS
 
Asking price: £180,000
 
Sales revenue: £312,000
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
We are pleased to present this Convenience Store for sale.

The store operates under the Premier brand. Offering convenience goods, tobacco, off-licence, newspapers, payzone and a video library. Typical stock is around £20,000

Ideally located on a corner position in a residential area with ample on street parking. A shop has been on this site for over 80 years.

Premises are freehold and offer the sales area of approximately 550 sq ft with rear store, toilet and yard. 2 bedroom first floor flat is accessed by a separate entrance and is currently rented at £75 p.w. plus bills. Vacant possession can be arranged.

Turnover currently averages £6,000 per week on goods with a further £2,000 per week being taken on the Payzone machine for gas, electric and phone cards. There is currently only 1 paper round but more can be added.

Currently staffed by family members who will not transfer with the sale.

The owner is selling for health reasons and is willing to negotiate with a cash buyer to secure a quick sale.

Please ask for full details.


GENERAL INFORMATION
 
Years established: 80
Trading hours: Mon-Sat, 7am-10pm: Sun 8am-10pm
Property: Freehold

Living accomodation
Two bedroom first floor flat accessed by its own entrance. Comprising of kitchen, lounge, bathroom and two bedrooms. Rent is £75 p.w. plus bills. Vacant possession can be provided.


Location
A prime corner location established over 80 years with ample on street parking.


Expansion potential
Currently, only 1 paper round is run.


Competition / Market
There is little local competition.


Support & training
A full handover will be agreed.


Reasons for selling
Retirement.


Financing available
Yes, please ask for details.


 
The Business Partnership - Shropshire, Staffordshire, South Cheshire and Mid-Wales
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30