1 bedroom convenience store for sale

Swindon Road, Cheltenham, Gloucestershire, GL51

Guide Price £250,000

Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy traditional corner shop, newsagent and general store
  • Annual turnover 150,000
  • Excellent main road location
  • Viewing very highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent and exciting opportunity to purchase a very well established, traditional corner shop, newsagents and general store, with huge potential to improve on the already improving weekly turnover. This fantastic business is located on a prominent main road that is one of the major routes through Cheltenham.

Having successfully operated as a retail outlet for over 50 years and has been under current ownership for the last 22 years, this local newsagents has become an essential part of the community, for offering the finest quality newspapers and magazines, as well as other general daily goods.

The business enjoys an extensive, growing and loyal customer base, attracting repeat trade from the immediate vicinity, as well as the high number of visitors to the area. With the local college just around the corner the business also welcomes a large number of students to the business.

The business operates from a highly visible single fronted corner shop premises, which is presented to a good standard with a range of fixtures and fittings to go with the sale. The business comes with a 1 bedroom flat above, complete with a kitchen, a bathroom and a living room.

Corner Shop is a thriving and lucrative business, which is run by the owners and up to 1 member of part time staff. This business is an essential piece within the local community and operates 7 days of the week.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic individual, couple or family that have the opportunity to extend and add to the stock already on offer at this excellent newsagents.

Theses enhancements will undoubtedly increase the current weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum therefore maximising the overall profitability.

This is a first class, high turnover, rare business opportunity with fantastic potential that holds an exciting future for its next owner.

A viewing is therefore highly recommended to avoid disappointment.

ANNUAL SALES
Annual turnover 150,000.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 6.30am - 8pm
Sunday 8am - 2pm

STAFF
The business is operated by the owners and up to 1 member of part time staff.

PROPERTY
The business trades from a highly visible single fronted corner terraced premises occupying a prominent main road position, on one of the main roads through Cheltenham.

TRADING AREAS
The main serving and till areas are located to the left upon entrance of the business, with the main retail area covering the length and breadth of the lower level of the property, coming with an array of display shelving, display coolers and fridges. Storage is located to the rear.

RESIDENTIAL ACCOMMODATION
This business comes with a 1 bedroom flat above the business. This comes with a kitchen, bathroom and living room.

TENURE
We are advised that the property available as a Freehold.

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

SUMMARY
A very rare opportunity to purchase a profitable business, with amazing potential to grown the retail section of the business to enhance for future growth and improvement. To avoid disappointment, a viewing is highly recommended.

More information from this agent

Nearest station

  • Cheltenham Spa (1.0 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 station

  • Cheltenham Spa (1.0 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 45025. 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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