Convenience Store for sale

Waterloo Street, Burton-Upon-Trent, Staffordshire, DE14

174 sq. m. | £140,000

Property Description

Commercial information

  • Business for sale
  • 1,872 sq ft (174 sq m)

Key features

  • REF: 2329
  • LEASEHOLD

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and very popular convenience store in Burton-Upon-Trent, Staffordshire. The business was established over 25 years ago and is only now being offered to the market due to our client`s desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of 336,700 per annum, with a gross profit of approximately 20%.

The business is Premier branded and offers a range of goods and services, including a wide variety of convenience items, Lotto, Western Union and Paypoint. The property boasts a very spacious sales and display area and is decorated and maintained to a very high standard. The business has built up an enviable reputation within the area for the high quality of goods available, which has resulted in a very loyal client base, with a high volume of repeat trade.

We feel the turnover could be increased by embarking on a modest marketing campaign to highlight the business and goods/services offered. The business would further benefit from a hands on owner, as our client runs the business at a pace to suit and it is mostly run by staff members. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.


LOCATION
Jagpal Stores Ltd occupies substantial ground floor premises, ideally located in a prominent trading location in Burton-Upon-Trent, Staffordshire. The business is situated within a parade of complimentary shops and businesses and benefits from a large volume of footfall and passing trade. The business further benefits from on-street parking within the immediate vicinity. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. Burton-Upon-Trent is a town on the River Trent in Staffordshire. According to the 2001 census, the town had a residential population of 43,784.

The town boasts a good selection of amenities including churches, a library and restaurants, as well as excellent schools and parks, making it a highly desirable place in which to live and work. The area of the business is well-served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 10 minutes` walk away. The area is also well-served by the A-roads, with both the A38 and A5121 within easy driving distance, which link to the vast A-road and motorway networks. Derby is approximately 11 miles away and Birmingham is 27 miles away.

PREMISES
Ground floor retail premises, briefly comprising:

Open plan sales and display area.
Racking and shelving to perimeter walls.
3 x new freezer units.
Large open chiller bed unit.
2 x central aisles.
Large newspaper/magazine display area.
ATM machine.
Serve over counter with scratchcard display, confectionery display, 2 x EPOS systems and tobacco gantry to rear.
Tiled flooring.
Diffused lighting.
Air conditioning system.

To the rear:

Large store room.
Office.
Kitchen.
WC.

External:

Well-presented frontage.
Internet based CCTV.
Fully alarmed.

TENURE
We are advised Leasehold. New lease to be negotiated.
HOURS
The business is open:

Monday: 5.30am - 11.00pm
Tuesday: 5.30am - 11.00pm
Wednesday: 5.30am - 11.00pm
Thursday: 5.30am - 11.00pm
Friday: 5.30am - 11.00pm
Saturday: 5.30am - 11.00pm
Sunday: 5.30am - 11.00pm

STAFF
The business is owner run and managed with 3 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 336,700 per annum, with a gross profit of approximately 20%.

Nearest stations

  • Burton-on-Trent (0.5 mi)
  • Tutbury & Hatton (3.9 mi)
  • Willington (4.4 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

  • Burton-on-Trent (0.5 mi)
  • Tutbury & Hatton (3.9 mi)
  • Willington (4.4 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.

Disclaimer - Property reference 2329. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.