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Retail Property (high street) for sale

Market Place - FY6


Property Description

Commercial information

  • Business for sale

Key features

  • Thriving and lucrative licenced convenience store
  • Weekly takings £28,000, including national lottery £5,000, news sheet £600, payzone £500
  • Prime town centre position, amongst major multiples, run heavily by staff
  • Rare opportunity, viewing highly recommended

Full description

Tenure: Leasehold

This is an excellent opportunity to acquire an established and well known licenced convenience store, which occupies a prime trading position right at the heart of the delightful and thriving market town of Poulton le Fylde in Lancashire.

Market Place Convenience Store is prominently sited in the market place, amongst an abundance of retail outlets with numerous high street banks, professional organisations and office premises within the locality, ensuring the area is a hive of activity with continual footfall throughout the day and night.

Due to the prominent location of the business and ample parking facilities in the town, the store attracts regular local and passing trade from the large number of shoppers, workers and residents who frequent the town on a daily basis.

Having operated in the town for many years, this successful business has forged strong relationships with the local community, boasting an extensive and loyal customer base. The store retails an extensive range of news and magazine titles, stationery, greeting cards, confectionery, tobacco, a wide selection of traditional beers, wines and spirits, as well as offering additional facilities such as the National Lottery and Payzone.

The substantial and imposing double fronted shop premises provides a large sales area, which is light and airy with a range of quality, modern fixtures and fittings creating a welcoming environment.

Market Place Convenience Store is a thriving and lucrative business, yet is operated with a high level of staff involvement due to the vendors other commitments. The business therefore represents an ideal proposition for an ambitious and energetic hands on operative, who can continue to nurture and improve the business which will naturally increase the weekly sales, whilst keeping additional staffing levels to a minimum, therefore enhancing overall profitability.

To fully appreciate this first class business opportunity, viewing is highly recommended to avoid

Currently weekly shop sales average £25,000 approximately.

Weekly lottery sales approximate to £5,000.

News sheet — £600
Payzone - £500

Current records and accounts can be inspected when viewing.

Monday — Sunday 07:00 — 22:00

Managed by the owners with 2 full and 4 part time members of staff.

Building External
The highly visible and imposing double fronted shop premises, provide a spacious and versatile ground floor lock up business accommodation.

The large sales area is superbly appointed, creating a bright and welcoming environment. The business is fitted to a very high standard with a comprehensive range of quality, modern fixtures and fittings including an EPOS system with scanners, CCTV and ample open refrigeration. There are two stockrooms and a staff toilet.

There is no residential accommodation for owners/management available.

We are advised that the property is held on a 15 year lease which commenced in 2008. The annual rent is £27,100 exclusive (correct as advised on 01/12/15). Rent reviews are at 3 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

This is an excellent opportunity to purchase a highly lucrative business with a bright future and viewing is therefore highly recommended to avoid disappointment.

Map & Street View

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