Convenience Store for sale

Parmars News & Off Licence, Leyland Lane, Leyland, Lancashire, United Kingdom, PR25 1XL

Offers in Region of £365,000

Property Description

Commercial information

  • Business for sale

Key features

  • Weekly sales circa 10,000 ex. services
  • Commissions income of 10,537 YE 2017
  • ATM, Paypoint and Lottery
  • Potential option to purchase the freehold
  • Optional 5 double bedroom accommodation
  • Energy Rating D

Full description

Tenure: Freehold

Description

A rare opportunity to purchase a profitable, long standing convenience store in a sought after location, with large accommodation available by separate negotiation.

Location

The business is located in Leyland, a pleasant suburban town in the South Ribble district of Lancashire, approximately six miles south of the city of Preston. The store is situated on the busy Leyland Lane, in a densely populated residential area with plenty of passing traffic.

Internal Details

The extremely well maintained retail area is approximately 1250 sq.ft. with an office and ample storage to the rear.

Our client has recently installed new energy saving chillers, lighting and a comprehensive CCTV system.

Fixtures & Fittings

We are advised that all fixtures and fittings are owned outright.

Owner's Accommodation

The property benefits from five double bedroom family accommodation which would be available by separate negotiation and for an additional premium.

The Opportunity

The business has been under our client's ownership for over 24 years and he has now taken the decision to retire. The store has been consistently profitable throughout this period and has been extremely well maintained by our client, who ensures that it is presented internally and externally to a high standard. We feel there is clear potential for a new operator to increase turnover substantially by extending the currently limited trading hours, extending the retail sales area and introducing a hot food and drinks offering.

Staff

There are six part time members of staff.

Trading Information

Trading and Profit and Loss accounts for the year ended 30 June 2017 show a turnover of £514,416 with a gross profit of £106,203 (21%). In addition, commissions from Paypoint and National Lottery were £10,537 providing an overall gross profit of £116,740. The adjusted net profit for the year was circa £58,000.

Full trading information will be made available to seriously interested parties.

Trading Hours

Monday to Saturday: 6:00am - 9:30pm
Sunday: 7:00am - 9:30pm

Regulatory

Premises Licence.


More information from this agent

Nearest stations

  • Leyland (1.3 mi)
  • Euxton Balshaw Lane (2.3 mi)
  • Lostock Hall (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leyland (1.3 mi)
  • Euxton Balshaw Lane (2.3 mi)
  • Lostock Hall (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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