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Businesses For Sale > Business For Sale in STAFFORDSHIRE, UNITED KINGDOM - UK (UK)

8061 DE STAFFORDSHIRE F/H£429950 CONVENIENCE STORE for sale in STAFFORDSHIRE, UK

STAFFORDSHIRE, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
Undisclosed Undisclosed Undisclosed

Business Summary:
Advent Business Sales have been instructed to offer for sale this very well established and popular convenience store with planning permission in place for a 2 storey extension. Established for over 40 years and in the hands of the current vendors for 7 years, it is reluctantly offered for sale due to the vendors other business plans. Currently staffed by a husband and wife team plus 1 part time member of staff, this convenience store offers a good range of products and services including: ľ convenience goods ľ alcohol ľ cigarettes ľ counter news and magazines ľ confectionery ľ pet food ľ greetings cards ľ lottery ľ pay point ľ cash machine The premises are decorated and equipped to a high standard throughout, with the main sales area benefiting from air conditioning and CCTV system, plus spacious family living accommodation consisting of 3 large double bedrooms. It is worth noting that planning permission has been granted for a 2 storey extension to the premises enabling an increase in the sales area, as well as the living accommodation. Within the planning permission, there is also plans for a rear extension to create a sun room, this would enable an additional large double bedroom to the first floor, which is currently used as a lounge. The business has also recently reached an agreement with Western Union, to be a money agent on a 14% commission basis and will be the sole Western Union money agent in the area. This will undoubtedly also create a high level of footfall from the recently increased migrant worker population in the area.

 

   
Year Business was Established: 2001
   
Facilities / Terms of Lease: Freehold We are advised that the annual business rates are currently: £1,200 Domestic rates: £700 per annum  
   
Potential Growth/Expansion: Although already a successful business, there is still scope for expansion and growth including making use of the planning permission and constructing the extension plus the increasing level of footfall which the current vendor has not yet seen the benefit of  
   
Reason for selling: due to the vendors other business plans.  
   
Seller Reference Number: 8061 DE
BusinessMart.com Listing Number: 48327
 

 

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For more info contact:

Niti Jashvir

Advent Business Sales
0844 8009092

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