2 bedroom convenience store for sale

Smithy Lane, PR4

£84,950
84 sq. m.

Property Description

Commercial information

  • Business for sale
  • 904 sq ft (84 sq m)

Key features

  • REF: 13996 D
  • FREEHOLD/LEASEHOLD
  • Freehold Available 299,950+SAV

Full description

Tenure: Leasehold

BUSINESS
Freehold Option Available 299,950+SAV

Hilton Smythe are welcoming to the market Much Hoole Village Shop and delicatessen.

A fantastic opportunity for anyone looking to run their own business. This particular shop and deli has a lot to offer, there is plenty of scope to expand even further and increase the good steady turnover the shop already has. The sale also includes a 2 bed self-contained flat which could be used as living accommodation for the buyer or rented out to increase profits.

The shop has been extremely well-established in this location. Our clients took over the shop 10+ years ago and are now wishing to retire.

The current owner has a good working relationship with the locals and is willing to offer a handover period to ensure the continued success of the business. The business has a fantastic reputation from both the shop and the deli side.

At present our client doesn't offer newspaper delivery, offering this service would benefit the business as the locals often ask for this service. Also, advertising the deli on social media and offering a fresh food delivery would boost sales.

The business is available as a Freehold or Leasehold.

Much Hoole is a nice and friendly community, the village hall hosts regular charity events and fairs which attracts a lot of footfall.


LOCATION
Much Hoole Village Shop is located in Much Hoole, Preston, within Lancashire.

The business is set in a prime trading location just off the A59 Liverpool Road and 6 miles from Preston town centre. This location receives daily heavy footfall and passing trade.

The main motorway links are the M56 and M6, which are 7 miles from the shop.

PREMISES
The property is well-signed and approximately 84m2 in size.

Ground floor: -

Shop floor containing-
Counter
Cigarette gantry
Alcohol display shelving (behind counter)
Mulit-deck chiller
Confectionery stands
EPOS system till
Lottery machine
Free cash machine
Double display Freezer
Ample shelving and display stands
4 x large greeting card stands with drawer storage underneath
Slatwall paneling display and hooks
Free standing greeting card stand

Kitchen / deli area containing-
Conventional oven and grill
Contact grill/panini press
Kettle & toaster
Hand basin
Stainless steel wash basin
Under counter fridge
Meat slicer
Scales and utensils
Double sized serve over display chiller
Storage cupboards and sideboards
Extractor fan

Office and storage room with storage cupboards, shelving and a desk.

There is ample free parking on the road and a garage currently used for storage, there is also a toilet in the garage.

First floor (flat): -

Accommodation-
Lounge with fireplace
Kitchen with cupboards, sink and sideboards
2 bedrooms
3 piece bathroom suite

The premise is fully alarmed.

TENURE
We are advised the business is being sold as a Leasehold option.

The length of the lease is negotiable.
Rent shop 1,000 per month and 500 per month for the flat.

There is a Freehold opportunity available if required.

HOURS
Normal opening hours are:

Monday - Saturday: 7.30am - 20.00pm
Sunday: 8.00am - 18.00pm

The opening hours have been temporarily reduced to:

Monday - Friday: 7.30am - 18.30pm
Saturday: 7.30am - 19.00pm
Sunday: 8.00am - 13.00pm

STAFF
Family run by husband, wife and son with the help of 1 full time and 1 part time members of staff.

FINANCIAL PROFILE
2016 accounts show a turnover of 500,000 (exclusive of Lottery, Payzone and VAT) with a gross profit of roughly 23%.

Payzone turnover 35,000 per annum
News sheets turnover 25,000 per annum
Lottery turnover 75,000per annum

Stock at value is around 35,000.

Currently no rates payable, the flat is band A.

EXTRA NOTES
Current owner happy to offer a handover to ensure the continued success of the business.


Nearest stations

  • Croston (2.4 mi)
  • Rufford (4.5 mi)
  • Leyland (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Croston (2.4 mi)
  • Rufford (4.5 mi)
  • Leyland (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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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