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Businesses For Sale > Business For Sale in Northern Ireland, UNITED KINGDOM - UK (UK)
AF108 -Northern Ireland- £ 1,190,000-Freehold Convenience Store - Grocers, Fresh Produce for sale in Northern Ireland, UK
Northern Ireland, UNITED KINGDOM - UK (UK)
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Business Summary:
Freehold Convenience Store - Grocers, Fresh Produce, Post Office, Lottery, Newsagent, Hot and Cold Deli plus 3-bed living accommodation
Ref.AF108
Location Northern Ireland
Asking Price £ 1,190,000
This busy convenience store supplies a full range of everyday goods to the local community and passing trade, including fresh fruit and vegetables, hot and cold deli produce and freshly baked bread, home baked tarts, cakes etc. The store is also a newagents selling papers and magazines to customers who also benefit from the Post Office and Lottery facility provided.
Family owned, this business was established 30 years ago and has been under the current ownership for 20 years. The vendor took over from his father and mother 20 years ago and has developed and extended the business and since gained an excellent reputation within the local community.
Situated in a peaceful neighbourhood on a village main street the store has substantial street frontage and generates a consistent weekly turnover of approx. £24,000. This is a rare opportunity to purchase a lifestyle busines opportunity with tremendous potential for further growth in a lovely rural location.
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| Year
Business was Established: 1979 |
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| Facilities / Terms of Lease:
The premises are in a very prominent main street village location and have substantial street frontage. The large ground floor is bright, clean and superbly fitted as a retail convenience store. The premises also comprise a rear store, offices, staff facilities, side store and fuel storage area. Adjacent to main premises there is a separate lock up shop with potentail for additional rental income. Outside the spacious forecourt is fittted with fuel pumps which are currently disused.
The first floor of the building offers modern well fitted owners accomodation with three bedrooms, bathroom, sitting room and modern kitchen. Additionally the property boasts a first floor roof terrace.
All mains are connected including electric, water, sewage and the convenience of broadband connection.
This is a pleasant, peaceful, rural area with a population of approximately 600-700.
The freehold valuation is circa £585,000 with annual rates of £4487. |
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| Potential
Growth/Expansion:
There are several potential areas for future growth within the business. For example, a new owner may wish to add to the range of produce offered, possibly with the addition of a butchers counter. Introducing a hardware section and maybe off licence sales of alcohol is another possibility, the premises are ideally located for the sale of alcohol products – subject to the necessary licensing. Potential also exists to reintroduce fuel sales, ie:diesel and petrol, the pumps on premises forecourt are currently not used and this could certainly increase future profits. On the back of all this the new owner could increase the opening hours of the business. |
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| Competition:
Due to excellent word of mouth recommendations, the owners of the business have never felt the need to undertake an expensive advertising or marketing campaign. This may be seen as an opportunity by the new owners. |
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| Owner
willing to train:
All support and training will be provided by the current owners during handover as part of a successful sales package. |
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| Reason for selling:
This is a genuine opportunity that has arisen due to family reasons. |
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Seller Reference Number: AF108
BusinessMart.com Listing Number: 64237 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Andrew Hudson
Turner Butler
0044 1895 25 60
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