3 bedroom convenience store for sale

Higher Lux Street, Liskeard, Cornwall, PL14

Guide Price £385,000

Property Description

Commercial information

  • Business for sale

Key features

  • Convenience store and off licence showing year on year growth
  • Income 2014 426,504 and growing
  • Located in a prime location, with owners accommodation in excellent condition
  • Super shop floor area, possibility to expand, fully renovated throughout

Full description

Tenure: Freehold

DESCRIPTION
This is a rare opportunity to purchase a business located within the town of Liskeard, Cornwall on a freehold basis, and offers a roomy spacious shop with owner's accommodation to match.

The store occupies the ground floor of a detached 1950's built property, and offers huge scope to a seasoned shop keeper to develop further with the added benefit of a 3 bedroom owner's accommodation, or rental flat above having its own separate entrance. The property and shop is spacious and fully renovated offering the potential new owner the scope to make it their lifestyle business.

Due to the size of the shop floor the business would also be of interest to larger corporate players.

Owned by the current vendors since 2003 the store has been in the area for over 50 years and has grown and developed with the area around it. The current owners took over the Post Office with the business in November 2003. The post office was closed down in 2008 amongst the national closures, and will not be renewed.

The store is located within close walking distance of a large school, a large housing estate, local industrial estates and trades to a selection of residents, schoolchildren and professional people in the area. It is situated within easy access to the main A38 and a 10 minute walk to the town centre.

The store currently does not offer paper rounds, but there is huge potential to incorporate these.

Addington stores offers a genuine opportunity to purchase a growing business for a seasoned operator, or corporate player with huge potential for developing further, since the vendors now wish to relocate.

The store is licensed for alcohol sales, cigarettes and a whole host of household goods in addition to everyday groceries and bake off, including fresh and frozen products, locally sourced meat products, ready meals, tined products and newspapers. The store also offers items such as stationery, handbags, purses and wallets and has an excellent card selection stated to be the best in the area by its clients.

The store boasts a cash machine, lottery; scratch cards, paypoint and a collect plus parcel drop off point. The Collect plus parcel services handles in excess of 100 parcels a week and growing.

The store is laid out for easy access and is spacious, bright and modern with the potential if re arranged, to easily double the products offered and therefore increase the turnover. There is additional scope to rent out the owners accommodation, which is stunning and has its own separate entrance to develop additional income. As far as the owner accommodation goes it is both spacious and renovated to a very high standard.

This is a totally rare opportunity to acquire this business with growth potential, and an increasing turnover. Due to the location, freehold basis and owner's accommodation having excellent scope, viewing is strongly recommended as demand is expected to be exceptionally high.

WEEKLY SALES
Currently shop sales average 9,145 approximately per week and growing.

ACCOUNTS
Current records and accounts can be inspected after viewing.

TRADING HOURS
Monday, Tuesday, Thursday and Friday 07:30 - 18:00
Wednesday 07:30 to 19:30
Saturday 08:00 to 19:30
Sunday 08:30 to 12:00

STAFF
Managed by the owners, with the help of 3 part time staff.

PROPERTY
Addington stores occupies a prominent access road position, located close to heart of the town centre of Liskeard, Cornwall. The business occupies the ground floor and is accessed by a double entrance consisting of an aluminium door and shop front into the main retail area, the doorway being located across the front of the building.

The double fronted aluminium shop entrance opens out into this fully renovated shop, hosting a floor area of approximately 12m x 9m with an additional 3m x 4m. The suspended ceiling is complimented with fully fitted lighting units and the main floor is stunningly tiled. A full length counter occupies the right hand side of the shop upon entering, and is extra wide to the rear. To the rear of the counter is an assortment of sweets and also holds the main cigarettes and alcohol.

From the entrance proceeding to the left hand side of the shop is the popular cash machine, lottery display stand then the main freezer area, a large selection of shelving for household goods and pet foods. Continuing round, the main shop floor has 3 extensive double display stands in the central area. These shelves are occupied by two displays of food products, and fancy goods.

On the left hand side wall there are fresh food display cabinets and shelving for news and magazine products. To the rear of the shop is an excellent selection of cards, wrapping paper and other stationery products. To the rear of the counter area there is a small stock room.

On the rear wall there is a double opening with steps up to an additional freezer area, which is not currently used as a retail area, this measures approximately 3m x 3.5m and could be utilised as an extension to the main shop area. Beyond this is an additional doorway, which leads to the rear access, to the right of the rear door is an additional stock room measuring approximately 4m x 3m and to the left is a staff cloakroom, with toilet and pedestal. Please note this additional area is fully tiled to match the shop floor.

RESIDENTIAL ACCOMMODATION
The property benefits from having a three bedroom owners accommodation/flat above the shop in its current configuration, which is accessed by a separate UPVC door to the front of the property, and leads directly into the hall, which is currently used as an office. This access is up a short flight of stairs, through a locked gate.

Note in addition the flat/owners accommodation can currently be accessed from the rear within the shop area.

The owner accommodation/flat consists of a front and rear separate entrance and direct access from the shop. Entering via the front door leads into a spacious hall which is currently used as an office. A doorway on the right hand side leads into the main living room measuring approximately 6m x 5m, the living room boasts a feature fireplace and wood burner, is fully carpeted and has front and rear aspect windows, the rear window overlooks the beautiful garden and terraced areas.

A doorway off the main living room leads to a small tiled conservatory type area, facing south and overlooking the mature gardens, making this a stunning sun lounge, beyond this sunroom is the main rear door into the garden there is also a short set of steps which allows rear entry to the shop.

The second doorway in the living room leads six steps up into the fully fitted kitchen. The kitchen boasts modern white quality units, with black worktops incorporating a gas hob and two ovens, the kitchen measures approximately 3m x 4m and incorporated within is a dishwasher, washing machine, fridge and freezer. To the rear of the kitchen is a set of wooden glazed French doors leading into the dining room. This measures approximately at 4m x 3m.

An open doorway extends into a corridor with fitted cupboards for storage and incorporates the boiler. The first room on the left is bedroom 1 measuring approximately at 3.5m x 3.5m. The second left is bedroom 2 which boasts an ensuite shower room and dressing room.

Incorporated in this bedroom are fully fitted, spacious over head cupboards and drawers, and measures approximately at 3.5m x 4m floor space. Continuing down the hallway is bedroom 3 also boasting an ensuite shower room. This bedroom measures approximately at 3.5m x 4m.

The final room is the family bathroom, which is half tiled and tastefully decorated with a tiled effect floor. Incorporated in the bathroom is a P shaped bath with overhead shower, a toilet and pedestal and a large chrome towel radiator.

To the rear of the property there is an area for parking 2 cars. Within the mature rear gardens there are 2 decked areas and 2 wooden garden sheds and is accessed via a gate into the rear courtyard.

TENURE
We are advised that the property is freehold.

SUMMARY
Addington Stores represents an ideal opportunity for a seasoned business owner, or first time business buyer, or corporate buyer to acquire a business in an excellent location with exceptional potential, offering superb scope to develop further. The business would also be ideal for a lifestyle client wishing to semi retire to Cornwall. The property must be viewed to be appreciated with the excellent scope to grow the business further.

The business represents an ideal opportunity and demand is expected to be exceptionally high, therefore early viewing is a must.

More information from this agent

Nearest stations

  • Liskeard (0.8 mi)
  • Coombe (1.3 mi)
  • St. Keyne (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

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

  • Liskeard (0.8 mi)
  • Coombe (1.3 mi)
  • St. Keyne (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

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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