2 bedroom convenience store for sale

London Road, Worcester, Worcestershire, WR5

Fixed Price 750 sq. ft. | £85,000

Property Description

Commercial information

  • Business for sale
  • 750 sq ft (69 sq m)

Key features

  • Well established and lucrative convenience store
  • WT 9,500, GP 18%, Paypoint 50
  • Prime location, ideally suit owner operator
  • 2 bedroom owners accommodation, viewing strongly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a superb opportunity to purchase a successful and heavily relied upon convenience store, which is located close to Worcester city centre.

The store is ideally situated on a busy main road into the city within a well populated residential area. Its location ensures the business enjoys high levels of footfall and activity throughout the day.

Having served the locality for many years, the business has forged strong links with the community and therefore boasts an extensive and loyal customer base.

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, a CCTV package and ample open deck refrigeration.

This store retails a range of confectionery, tobacco, traditional beers, wines, spirits, soft drinks, dairy products and frozen and convenience foods, as well as offering additional services including Paypoint.

This successful store is run by the vendor's and would therefore ideally suit an ambitious operative, who can continue to drive the business forward whilst keeping staffing levels and additional overheads to a minimum, therefore enhancing overall profitability.

To fully appreciate this excellent business opportunity, a viewing is highly recommended.

WEEKLY SALES
Currently shop sales average 9,500 approximately.

OTHER
Paypoint 50pw.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Sunday 10:00am - 22:00pm

STAFF
The business is managed by the owners.

PROPERTY
The single fronted shop premises offers a spacious and versatile ground floor lock up business accommodation and a self-contained first floor living accommodation.

TRADING AREAS
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, a CCTV package and ample open deck refrigeration.

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

Retail area size approx 750 square foot.

RESIDENTIAL ACCOMMODATION
This part of the property has not been inspected, but we are advised by the owner that it comprises of 2 double bedrooms, a lounge, a kitchen and a bathroom.

TENURE
We are advised that the property is held on a 20 year lease which commenced in 2004. The annual rent is 15,750 exclusive (correct as advised on 26/05/16). 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 superb opportunity to purchase a lucrative business, with genuine growth potential and a viewing is therefore highly recommended to avoid disappointment.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Worcester Shrub Hill (0.7 mi)
  • Worcester Foregate Street (0.8 mi)
  • Malvern Link (6.2 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

  • Worcester Shrub Hill (0.7 mi)
  • Worcester Foregate Street (0.8 mi)
  • Malvern Link (6.2 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.

Disclaimer - Property reference 44707. 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 ALTIUS GROUP LIMITED, Kings. 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.

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