Shop for sale

Preston Old Road, Blackburn, Lancashire, BB2

£80,000

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
Freehold option available
Full nation lottery retailer
Genuine reason for sale
Walk in condition
5* rated building
LEASEHOLD
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
Meridian Business Sales are privileged to offer to the market this brilliant off licence/ sandwich bar which was established by our client in 2013. Our client is reluctantly offering the business to the market due to his desire to concentrate on other business interests.

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 Leasehold
5 or 10 year lease available
Freehold 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

Nearest stations

  • Pleasington (0.6 mi)
  • Cherry Tree (0.7 mi)
  • Mill Hill (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

  • Pleasington (0.6 mi)
  • Cherry Tree (0.7 mi)
  • Mill Hill (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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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