Convenience Store for sale

Eaves Lane, Chorley, Lancashire, PR6

Guide Price £295,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established & highly lucrative licensed convenience store
  • WT 9,500 (25% gross profit), genuine potential to develop
  • Busy main road, densely populated residential area
  • Spacious property with potential living accommodation, owner's retiring, viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent opportunity to acquire a well established and highly lucrative licensed convenience store, which is situated in the popular Lancashire market town of Chorley.

Froom Street Stores occupies a prominent trading position on a busy main road (A6288) to the east of the town centre, within a densely populated area of residential and commercial dwellings, ensuring high levels of regular local and passing trade throughout the day.

Having been in present ownership for the past 28 years, this well known and heavily relied upon business has forged strong relationships with the surrounding community and therefore boasts an extensive and loyal customer base.

Froom Street Stores operates from a highly visible double fronted end terraced shop premises, providing a spacious ground floor sales area which is fitted to a high standard, with a comprehensive range of quality fixtures and fitments creating a welcoming environment.

Froom Street Stores retails a wide range of stock lines including newspaper and magazine titles, confectionery, tobacco products, soft drinks, sandwiches, pies, dairy products, frozen foods, grocery items, wines, beers and spirits, as well as also offering an internal ATM.

The first floor of the property currently operates as a fully equipped tanning salon, however the vendors are willing to remove the equipment upon completion, should a new owner choose not to continue to trade this aspect of the business.

Froom Street Stores is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for an ambitious family unit who can exploit the true potential, which will naturally increase the already impressive trading figures whilst ultimately enhancing the overall profitability.
Only now being offered for sale due to retirement, a viewing is highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average 9,500 (25% gross profit) approximately.

OTHER
News sheet 500 (retail).

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 06:00 - 22:00
Sunday 08:00 - 22:00

STAFF
Managed by the owners with 8 part time members of staff.

PROPERTY
The highly visible and imposing double fronted end terraced shop premises, offers an unusually spacious and versatile business accommodation over 2 floors.

TRADING AREAS
The spacious sales area is light and airy creating a welcoming environment, with a comprehensive range of excellent quality, modern fixtures and fitments including CCTV and ample refrigeration. To the rear of the property there is an office and a good size stockroom with roller shutter access. To the first floor there is a stockroom, toilet facilities and 7 rooms which are currently used for the tanning salon.

RESIDENTIAL ACCOMMODATION
Whilst there is currently no living accommodation, the numerous rooms located to the first floor which have been divided for the tanning salon, can be easily converted and would provide a spacious and versatile accommodation if required.

TENURE
We are advised that the property is available as a freehold.

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

SUMMARY
This is a rare opportunity to purchase a first class business with a bright future, which is only now being offered for sale due to retirement. To avoid disappointment, a viewing is highly recommended.

More information from this agent

Nearest stations

  • Chorley (0.4 mi)
  • Buckshaw Parkway Station (2.1 mi)
  • Euxton Balshaw Lane (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

  • Chorley (0.4 mi)
  • Buckshaw Parkway Station (2.1 mi)
  • Euxton Balshaw Lane (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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