This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Convenience Store for sale

The Stores Middle Street,Kilham,YO25

£360,000
214 sq. m.

Property Description

Commercial information

  • Business for sale
  • 2,303 sq ft (214 sq m)

Key features

  • REF: 1655
  • FREEHOLD

Full description

Tenure: Freehold

BUSINESS
Hilton Smythe would like to welcome to the market this convenience store. This old established business has been in our clients` ownership for the last 15 years. Only now is the business on the market due to our clients` desire to take a well-deserved retirement.

The business is open 7 days a week, and according to the 2017 accounts, the store generated a turnover in the region of 331,232 with a gross profit circa of 23.7%. The business sells a wide range of convenience lines, newspapers, groceries, alcohol and cigarettes. The business also provides newspapers to the local Thorpe Hall Caravan Park, generating extra revenue.

The business has an excellent reputation within the area and benefits from a loyal customer base and much repeat trade. We feel there is scope to expand on the range of products available and perhaps extend the opening hours; this would be an ideal husband and wife venture, which would reduce the wages bill. The property is well-presented throughout and is superbly fitted to suit trade. The property boasts a spacious 4 bedroom owners` accommodation on the upper floor. The business provides 4 regular newspaper delivery rounds in the area.

We would highly recommend viewing this profitable concern to fully appreciate the property and business.


LOCATION
The stores are located in the village of Kilham near Driffield, East Riding of Yorkshire.

The property benefits from ample on-street parking and is within a densely populated residential area, therefore benefitting for a high footfall and passing trade. Local amenities within the village include a primary school, garage, 2 public houses and parish church, this is the only shop within a 6 mile radius. More amenities are available in the market town of Driffield, which is 6 miles away, while Bridlington is approximately 10 miles away.

The village is well served by the local bus service with a bus stop directly outside the business, with the nearest train station being in Driffield, the area is also well served by the A-road network with the A614 being just two miles away.

PREMISES
Mid terrace, white washed property consisting of three cottages knocked through into one, with gas central heating throughout briefly comprising:

Ground floor with sales and display area fitted to suit trade, non-slip flooring, ceiling strip lighting, refrigerated serve over counter with work/preparation surface containing meat slicer, electronic cash register, electric scales and Paypoint, upright double door display chiller, single door upright display chiller, 2 x glass top display freezers, central gondola, card display rack, fruit and vegetable display unit, newspaper/magazine display unit, adjustable wall shelving to perimeter walls and cigarette gantry. Integral garage/stock room fully shelved with double door upright display chiller and twelve tier wine rack.

Owners` private accommodation briefly comprising: Lounge, dining room with glass door leading to garden, modern fitted kitchen, utility room and WC with wash hand basin.

First floor: 4 x double bedrooms with fitted wardrobes, master bedroom with open fireplace and beamed ceiling, office, large modern bathroom with roll top bath, tiled walls, separate shower cubicle, WC and wash hand basin.

External: On street parking to front, large rear garden partly laid to lawn, large patio area, 2 x brick built out buildings with lighting and power supplies.

TENURE
We are advised Freehold.

HOURS
The business is open:
Monday - Friday: 7.00am - 7.00pm
Saturday: 7.30am - 5.00pm
Sunday: 9.00am - 12.30pm

STAFF
Our clients currently employ two part-time staff members plus 4 newspaper delivery boys/girls.

FINANCIAL PROFILE

According to the 2017 accounts, the business generated a turnover in the region of 331,232 with a gross profit circa of 23.7%.


Map & Street View

Disclaimer - Property reference 1655A. 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.

* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.