Shop for sale

Coventry

0 sq. ft. | £97,995

Property Description

Full description

Tenure: Leasehold

GREENGROCERS, FRUIT & VEG, BUTCHERS AND CONVENIENCE STORE - NORTH COVENTRY
Situated in busy, high foot fall area of North Coventry
Very unique, well presented and well fitted shop
Turnover 2,308pw with good profit returns
Well presented and sizable retail areas
Early interest is highly recommended
LEASEHOLD


Location

The business is situated on a main city access through road in North Coventry. The business sits within a row of commercial style buildings which all benefit from being on a main city access road leading from the M6 motorway to the city centre of Coventry. The road is used by visitors and commuters on a daily basis giving the business a very healthy amount of passing trade. The business also has a high number of neighbouring residences within walking distance which in turn also adds to the footfall. The neighbouring commercial businesses and retailers draw shoppers to the location throughout the year and as there is free communal parking making it a very accessible to all who wish to visit. Coventry has become a hugely desirable business and residential area due to its fine housing, excellent shopping, good schools and NHS services, historic buildings and attractions and easy motorway access. The business is less than 2 miles away from the M6 Motorway making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this exceptional food and retail shop which was first established by our client in 2005 who is only now placing it onto the market due to his interests in other business projects. The business which is run and managed by our client with the assistance of staff achieves a very respectful weekly turnover of 2,308 derived from the sale of a wide selection of foods and grocery products. The business has a convenience and grocery shop, sizable fruit, veg and household retail section, fully fitted rear butchery. The business has always enjoyed excellent levels of repeat trade with many of the customers being local residents. The shop also sees a healthy amount of new customers provided from the areas good footfall and from good word of mouth recommendations from happy customers. This is a very well presented business situated in one of Coventry's highest footfall locations. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing of this charming business.


Financial Profile

Turnover: 2,308pw, Gross profit: 24%
Stock approx: 50,000


Tenure

Leasehold - Original length: 5 years
Remaining: 3 years, Rent: 3,600 per annum


Opening Hours

Monday to Saturday: 7:00am - 7:00pm
Sunday: 10:00am - 4:00pm


Accommodation

Well presented and well situated single storey retail area with first floor storage and management office, retail areas consist of grocery convenience shop with sizable front display space, fruit, veg and household retail area, fully fitted butchers, sizable rear parking facilities all being well presented and well appointed throughout.

GROUND FLOOR
Single fronted building with new shutter doors, 1 entrance, grocers and fruit and veg front wooden displays giving sizable external product displays

Grocery/convenience store
Large open plan shop, 2 x double sided display island lanes, wall fixed shelving and product displays, 2 x drinks display chillers, 1 x large chest freezer, several free standing displays, serving/payment counter, 3 tills and 2 scales.

Fruit veg and household retail area
Sizable open plan area with 2 main section lanes, 2 x large food display chillers, fitted product displays, shelving, and tables

Butchers
Well presented and well equipped butchers, open plan retail area, wall fixed product display shelving, 3 sizable serve over meat display chillers, behind chillers, chopping blocks, saw, mixers, hand wash basin, rear preparation work space, with office style equipment, walk-in chillers, small kitchenette with cupboards, toilet with wash basin, 2 walk-in cool rooms.

FIRST FLOOR
Access via back of shop serving counter, open plan storage area with racking/shelving, office room, toilet with wash basin

EXTERNAL
Free communal road parking facilities, rear back yard area (very sizable ample vehicle storage and delivery area), warehouse facilities (currently sub let)

Nearest stations

  • Bedworth (2.9 mi)
  • Coventry (2.9 mi)
  • Canley (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

Street View

Nearest stations

  • Bedworth (2.9 mi)
  • Coventry (2.9 mi)
  • Canley (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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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