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Commercial Property for sale

The Wye, Daventry, NN11

Offers in Region of £265,000

Property Description

Full description

Tenure: Freehold

Back on the market with immediate vacant possession as last sale completion collapsed due to buyers health.

Store currently not been trading for approximately 4 weeks because it was due to be handed over. 

This however will not affect the business profitability in any way, shape or form.


Amazing opportunity to purchase a well established freehold convenience store in Daventry Northamptonshire. Stores like this do not come onto the market often. Be quick to view!

Will be of particular interest to cash buyers/investors.

Freehold 24 hour Alcohol license Premier Express Store with full planning permission to extend store and build 1 or 2 apartments above store.

All fixtures and fittings included in sale.Some stock also included in sale.


Fully refurbished to Booker Premier Standards 2 years ago and has been featured in all trade publications being a flagship store of Booker Plc wholesalers.

Full 24 hour off license 365 days.
Full lottery
Full Paypoint
ATM
News/Magazines
Groceries/Frozen/chilled/fruit & veg etc
Turnover Increasing year on year.
Trading since 2011
Very low overheads -no business rates
Profit margin on all goods not below 20%
Tobacco 40% / Groceries 60%
All stock delivered to store.
Low maintenance.
Monthly supermarket beating/equal offers.
Brand new A rated remote chillers.
Brand new freezers.
Brand new LED lit facia on all sides of store.
Brand new shop front.
Full 24 camera remote CCTV.
Highest level ADT security system.

New 750 capacity college now open and 160 new houses being build right behind store due to complete this year. Plus another development on old care home maybe used for housing in near future.Situated in 70's housing estate with circa 2k homes in half mile radius. 

Potential to expand into fast food / takeaway and use the full 24 hour license which is currently not being used.
Only store in the town with a 24 Hour license.
Local community based store with 99% repeat loyal custom due to involvement in community such as sponsorship of football team.
Over 1k followers on Facebook.
Only Premier store in whole of the town.
Current contract with Booker Premier expires this year so free to change symbol group or extend contract.

Full planning permission to extend store to include more selling space, store room, kitchen area and 1 or 2 flats above flat roof shop. Rental value of £500 pcm per flat or use as live in area.

Follow link below-

http://selfservice.daventrydc.gov.uk/swiftlg/apas/run/WPHAPPDETAIL.DisplayUrl?theApnID=DA/2014/0124&backURL=%3Ca%20href=wphappcriteria.display?paSearchKey=749331%3ESearch%20Criteria%3C/a%3E%20%3E%20%3Ca%20href='wphappsearchres.displayResultsURL?ResultID=998610%26StartIndex=1%26SortOrder=APNID:desc%26DispResultsAs=WPHAPPSEARCHRES%26BackURL=%3Ca%20href=wphappcriteria.display?paSearchKey=749331%3ESearch%20Criteria%3C/a%3E'%3ESearch%20Results%3C/a%3E



Planning > Search Criteria > Search Results > Application Details

Planning Application Details

Reference Number:DA/2014/0124
Registration Date:07-Feb-2014
Application Type:FULL PLANNING
Parish:Drayton
Ward:DRAYTON
Main Location:
This application has already been decided. You cannot comment on it

Case Officer:M Baynham
Proposal:Single storey extension to shop and first floor extension to form residential flat. Raising height of boundary wall.
Decision:Approval Full
Decision Date:14-Mar-2014
Appeal Lodged Date:
Appeal Decision:
Appeal Decision Date:


Details of college and homes development.

https://www.northamptoncollege.ac.uk/facilities/1184-daventry_campus.html

http://m.daventryexpress.co.uk/news/local/building-work-starts-for-new-13-million-college-in-daventry-1-7047265
http://m.northamptonchron.co.uk/news/local/daventry-college-homes-plan-approved-by-council-1-6829341


• Personal reasons for sale nothing to do with business profitability, very reluctant sale.
• 5 years accounts available
• Full Freehold substantial site


More information from this agent

Nearest station

  • Long Buckby (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

eMoov.co.uk, National

National

03339 399311 Local call rate

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

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Floorplans


To view this property or request more details, contact:

eMoov.co.uk, National

National

03339 399311 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

  • Long Buckby (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

eMoov.co.uk, National

National

03339 399311 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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