Convenience Store for sale

Greenhill Stores, 2-4 Greenhill, Doncaster, England, DN9 2JE

£60,000

Property Description

Commercial information

  • Business for sale

Key features

  • Traditional village store in affluent village
  • Retail T/O to Y/E 30/4/16: 437,916
  • Potential to add Post Office business
  • Owner's accommodation available
  • Loan via Christie Finance, subject to status
  • Energy Rating G

Full description

Tenure: Leasehold

Description

The business occupies the ground floor of a two storey detached brick built property beneath a pitched tiled roof.

Location

The business is situated on Greenhill Road in a prominent trading position at the heart of Haxey village. Haxey is a rapidly expanding village in North Lincolnshire and lies on the A161 approximately halfway between Goole and Gainsborough. It has some excellent historic architecture, including a Grade I listed church dating back to around the 12th century.

Internal Details

The shop is well fitted and comprises a sales area, service counter with cigarette gantry behind, dedicated off-licence section, dedicated freezer section, central gondola shelving units, a number of chillers, and perimeter shelving, as well as a photocopier. The sales area has a suspended ceiling, and there is CCTV throughout. There is a stockroom with a separate rear entrance, an office, kitchenette, and staff toilet.

Fixtures & Fittings

With the exception of the National Lottery terminal and the photocopier, all fixtures and fittings are owned outright.

Letting Accommodation

We are seeking a rental of £12,000 per annum for the store only.

The two bedroom flat is available for a further £500 per calendar month if required. The current tenant will require two months notice. It has been newly refurbished to a high standard and briefly comprises First floor: Entrance porch, well-fitted modern kitchen. Second floor: Two double bedrooms, living room, bathroom.

The Opportunity

The owners have operated the business for 11 years and own a number of other shops. Due to increased time pressure they wish to offer a leasehold option on this superb village store. Greenhill Stores is an authentic traditional village store. Income is derived from the sale of newspapers, magazines, general grocery, frozen products, greetings cards, dairy products, fresh produce and tobacco products. There is a generous off-licence section, offering a range of ales and wines, and further income is received in commissions from Payzone and the National Lottery. There is potential to increase sales by offering a home delivery service, and increasing advertising to the surrounding villages promoting the extensive off-licence. Newsbill – £1,200 per week.

Staff

There is one full-time and three part-time members of staff.

Trading Information

Profit and loss accounts for the year ended 30 April 2016 show retail sales of £437,916 plus lottery and commission income of £6,633. Significant operational savings could be made by a more 'hands on operator'.

Currently Post Office Ltd operate a local counter inside the store at a rent of £160pcm. New owner could benefit from this income or my wish to apply for the Post Office business themselves.

Trading Hours

Monday to Friday 6.00 am to 9.00 pm
Saturday and Sunday 7.00 am to 9.00 pm

Business Rates

Rateable Value: £5,800 for the year commencing April 2010.


More information from this agent

Nearest station

  • Crowle (7.0 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest station

  • Crowle (7.0 mi)
Distances are straight line measurements from centre of postcode

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