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Preston Old Road, Blackburn, Lancashire, BB2

£319,995

Property Description

Full description

WELL ESTABLISHED OFF LICENCE/ DELI/ SANDWICH BAR/ COFFEE SHOP WITH AN ON LICENCE - LANCASHIRE
3 bedroom self contained owners accommodation
Situated in the desirable village of Feniscowles
High amount of regular and repeat trade
Scope to further develop the business
Advised annual turnover of £200,000
Leasehold option available
Full nation lottery retailer
Genuine reason for sale
Walk in condition
5* rated building
FREEHOLD

Location
This excellent off licence/ sandwich bar is located off a busy main road in the desirable village of Feniscowles, Lancashire. It is surrounded by complimentary businesses, shops and travelling facilities deriving much of the businesses trade. Blackburn holds many attractions which draw tourists into the area such as; Witton Country Park which is popular for the stunning sights and scenery, Ewood Park and Calf Hey Reservoir. The town is easily reached through the M65 leading to the A666 allowing easy access.

Business History
Since the business was established our client has undertaken a full programme of refurbishment meaning that the business is in full walk in condition.

Our client informs us that annual turnover currently runs at £200,000 which is derived from the provision of convenience style goods, hot and cold food, coffee, dry cleaning, parcel deliveries and collection, buffets/ catering and much more.

The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade.

Our client currently offers a delivery service to the elderly on the local estate; therefore there is scope for a future purchaser to offer a full time food and shopping delivery service to all customers. There is also scope to increase the news agency aspect and the business would make a busy post office.

The business is run at a pace to suit our client's lifestyle as it is currently operating 86 hours per week but is licensed for 110 hours per week, so there is scope for longer opening hours.

Our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.

The business is very well presented throughout and is being sold with all fixtures and fittings included in the sale price (apart from the coca cola and irn bru fridge) which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Financial Profile
Turnover: £200,000pa
Stock approximately: £5,000

Tenure
We are advised Freehold
Leasehold option available

Opening Hours
7 days a week

Accommodation
Well maintained glass fronted property briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Convenience store/ on licence

Sandwich bar/ deli/ café area

Serving counter

Various displays

Various shelving

Drinks fridges

Chest freezers

PDQ machine

EPOS system (Currently leased)

Cigarette gantry

Newspaper/ magazine stands

FIRST FLOOR
Owners accommodation - fully refurbished self contained flat/ apartment

3 x double bedrooms

The self contained flat is let out for £6,600 occupied.

EXTERNAL
Outdoor seating for 8 people







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