Retail Property (high street) for sale

5 The Hollies - NG16

£69,950

Property Description

Commercial information

  • Business for sale

Key features

  • Well established Bargain Booze, priced for a quick sale
  • WT £13,000, Lottery £700, Payzone £250
  • Immaculately fitted throughout inc EPOS, CCTV
  • Ideally suit owner operator, viewing strongly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a successful Bargain Booze, which is located in the popular village of Eastwood, Nottinghamshire.

The store is ideally situated at the heart of a densely populated residential area, on a busy parade of shops with ample customer parking facilities close to hand, ensuring the business attracts high levels of footfall and trade throughout the day.

Having traded within the locality for a number of years, this well-known store has become an integral part of the community and subsequently boasts an extensive and loyal customer base. The local competitor is relocating quite some distance away from the business in early 2017, therefore this means there will be higher potential for an increase in the footfall and in turn the profits.

The store is immaculately fitted throughout with a comprehensive range of excellent quality, valuable equipment and fitments, including a two point EPOS bar code scanning and stock re-ordering system, CCTV and ample open deck refrigeration.

This Bargain Booze retails a range of confectionery, tobacco, traditional beers, wines, spirits and soft drinks, as well as offering additional services including the National Lottery, Payzone and an ATM.

This Bargain Booze franchise offers continuous training and market support, together with keen prices and weekly stock deliveries. This Bargain Booze is now one of over 600 outlets throughout Nottinghamshire, Lancashire, Cheshire, Merseyside, Cumbria, Staffordshire, Shropshire and Yorkshire.

There is excellent scope to extend the business in to something larger as the shop next door will be closing in January 2017.

This successful and lucrative store is run by staff for the majority of the time and would therefore represent an ideal acquisition for an energetic and ambitious hands on operative, who can exploit the potential for future growth, whilst keeping additional staffing levels to a minimum, therefore maximising the overall profita

Sales
Currently shop sales average £13,000 approximately.

LOTTO
Weekly lottery sales approximate to £700.

OTHER
Payzone £250.


ACCOUNTS
Current records and accounts can be inspected when viewing.

Vendor confirmed verbally that the 2016 accounts show a net profit of 35k.

TRADING HOURS

Monday — Thursday 09:00 — 21:00
Friday — Saturday 09:00 — 22:00
Sunday 11:00 — 21:00


STAFF
Managed by the owners with full/part time members of staff.

Building External
The single fronted shop premises, offers a deceptively spacious and versatile ground floor lock up business accommodation.

BUILDING INTERNAL
The spacious sales area is bright and airy creating a welcoming environment. The store is immaculately fitted throughout, with a comprehensive range of excellent quality equipment including a two point EPOS bar code scanning and stock re-ordering system, CCTV and an ample open deck refrigeration.

To the rear of the property there are ample storage facilities, an office and a staff toilet.


RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 20 year lease which commenced in 2012. The annual rent is £10,000 exclusive (correct as advised on 09/08/16). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


SUMMARY
This is a fantastic opportunity to purchase an established and lucrative business, with a bright and exciting future. To avoid disappointment, a viewing is highly recommended.


Nearest stations

  • Langley Mill (1.1 mi)
  • Ilkeston (2.7 mi)
  • Phoenix Park (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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

  • Langley Mill (1.1 mi)
  • Ilkeston (2.7 mi)
  • Phoenix Park (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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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