Shop for sale

Tenure: Freehold

Ref:2816 - EXCELLENT FREEHOLD CONVENIENCE STORE - GLOUCESTERSHIRE
Advised annual turnover of £379,842 with good GP returns
Sale price includes all business fixtures and fittings
Early interest and viewing is highly recommended
Superb partnership/husband and wife business
Very well presented and appointed throughout
Ideal lifestyle change opportunity
Situated in the town of Fairford
Exceptional first business
Genuine reason for sale
FREEHOLD


Location

This superb freehold convenience store with luxury private living accommodation is situated in the town of Fairford which is in Gloucestershire. The business is situated in a well presented residential area with a large variety of neighbouring residential homes. The business benefits massively from its surroundings as it supplies an endless amount of local customers within a short travelling distance. The shop has stood present in its location for over 40 years and is exceptionally well known throughout the community. Fairford is a very desirable and upmarket residential town which lies in the Cotswolds on the River Coln approximately 6 miles east of Cirencester and 9 miles north of Swindon. The town is less than 16 miles away from the M4 making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this excellent convenience store which has a proud history dating back to the early 1900's. Since 1989 it has been owned and run by our clients who are only now placing it onto the market due to their strong desires for retirement. The business which is run and managed by our clients with the assistance of staff achieves a very respectable advised annual turnover of £379,842 which is derived from selling a fantastic range of convenience style goods. Our clients have gone to exceptional expense and effort on the businesses presentation which has resulted in a truly inviting facility that is a pleasure to visit. The property also offers sizeable first floor three bedroom private living accommodation which is a big plus for a new owner who doesn't currently reside within a commutable distance. Our clients are very generously including all fixtures and fittings into the sale price meaning that additional funds will not need to be spent for the foreseeable future. We would like to urge very early interest in this opportunity as businesses in this location rarely appear onto the market.


Financial Profile

Turnover: £379,842pa
Gross profile: 19%
Stock approximately: £20,000


Tenure

We are advised freehold


Opening Hours

Monday: 7:00am - 1:00pm > 3:00pm - 8:30pm
Tuesday: 7:00am - 1:00pm > 3:00pm - 8:30pm
Wednesday: 7:00am - 1:00pm > 3:00pm - 8:30pm
Thursday: 7:00am - 1:00pm > 3:00pm - 8:30pm
Friday: 7:00am - 1:00pm > 3:00pm - 8:30pm
Saturday: 7:00am - 8:30pm
Sunday: 8:00am - 8:30pm


Accommodation

Well presented and appointed 2 storey property briefly comprising:

GROUND FLOOR
Highly visible property signs and ramp/ stairs access to secure entrance leading to:
Open plan retail areas with several double sided display lanes
Fitted serving and payment counter with displays and rear cigarette cabinet
Approximately 1,350 sq foot retail space

Stock room
Toilet and wash basin

FIRST FLOOR
Private owners' accommodation
Bedroom 1 - Double
Bedroom 2 - Double
Bedroom 3 - Single (currently used as office)
Large living room with feature fireplace
Kitchen and diner
Bathroom with bath and wash basin
Separate toilet

EXTERNAL
Large side communal car park
Rear 90 foot garden with flower beds
Private parking space