Convenience Store for sale

Croston Road Store, 95 Croston Road, Garstang, Preston, United Kingdom, PR3 1HQ

£79,950

Property Description

Commercial information

  • Business for sale

Key features

  • Busy convenience store
  • Desirable and affluent location
  • Gross Profit margin of 27.3%
  • Weekly turnover circa 8,500 plus commissions
  • Huge scope to increase current trading hours
  • Energy Rating D

Full description

Tenure: Leasehold

Description

The property is a brick built end terrace over two floors, plus a loft area. The commercial and retail area is approximately 750 sq ft.

The retail area is fitted with racking, gondolas, display gantries and offers toiletries, cleaning products, confectionary, bread, milk, tinned goods, pet food, tobacco amongst many more items.

There is also a cash machine, JackBeans coffee machine, Hermes drop off point, lotto, dry cleaning, extensive newspaper deliveries and storage area to the rear.

Location

The business is situated at the end of a busy parade on Croston Road, occupying a prominent trading position in a densely populated residential area of Garstang, Preston. The business is situated close to the town centre of Garstang with Croston Road being one of the main routes in and out of the town. The business is easily reached from the A6 connecting Garstang to Preston and surrounding areas.

Internal Details

The well-maintained retail area is approximately 750 sq ft with tiled flooring and a suspended ceiling incorporating recessed lighting. There are numerous display gondolas, adequate magazine racking and shelving, and a cigarette gantry and counter close to the entrance of the store. There are a number of chillers and freezers providing a wide range of drinks, dairy and convenience products.

Fixtures & Fittings

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

External Details

There is on street parking available at the front of the store.

Owner's Accommodation

Adjacent to the store, there is three bedroom family accommodation with it's own separate access which is presented to a high standard, there is also a large external area to the rear and a garage.

The Opportunity

The business is presented to a good standard and has been owned by our clients since 2009, who have now taken the decision to relocate. The store is heavily relied upon by the local community and is in a strong trading position. The store also offers the National Lottery and PayPoint.

There is potential to increase turnover by extending opening hours, obtaining a licence to sell alcohol, add food to go and/or sandwich/salad bar due to the extensive ground floor space.

There is growth potential for the business by increasing the current limited trading hours and obtaining an alcohol licence. In addition, the three bed accommodation could be leased which would generate additional income.

Staff

The business is predominantly operated by the owner with assistance from five part time members of staff.

Trading Information

Trading information provided by our client shows an average weekly turnover of circa £8,500 per week, excluding services. Gross profit margin is in the region of 27.3% per annum.

Full trading information will be made available to seriously interested parties following a formal viewing.

Trading Hours

The current trading hours are:
Monday - Saturday: 6am - 6pm
Sunday: 6am - 12pm

Business Rates

We are advised by our clients that no business rates are payable currently on this site. Purchasers should make their own enquiries with the relevant Local Authority.


More information from this agent

Nearest station

  • Salwick (8.8 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.

Map & Street View

Nearest station

  • Salwick (8.8 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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