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Shop for sale

Nelson Street, Norwich, Norfolk, NR2

£89,950
600 sq. ft.

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

This small C.T.N benefits from a great location and has been meticulously designed to ensure maximum display of stock and presentation of goods. Situated in a densely populated suburb of Norwich there are many chimney pots all around and the shop enjoys constant steady trade from a large and loyal customer base.

Currently staff run with minimal input from the vendor, there are opportunities both for a portfolio builder or an owner operator.

Sensibly priced for such an outstanding business, this is a great little store that should ensure the new owner a steady income for years to come.


THE BUSINESS ITSELF

This business defies description with a net turnover of just under 600,000 p.a and a GP well within industry standards all from very small premises. The vendor sells mostly price marked goods giving the opportunity to increase margins if so desired. Virtually completely staff run, this store presents an opportunity either for an entrepreneur wishing to add to their portfolio or to an operator wishing to run their own business. Offering both Pay Point and Lottery services which add further commissions, the store needs only one member of staff at any time.

Located within a densely populated area there is much customer loyalty reflected in the constant high turnover in recent years.


ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY
The store is well located at a busy crossroads in the middle of a highly populated residential area. It measures some c400 sq ft of retail with a storeroom and w.c adding a further c200 sq ft to the rear. The shop is well appointed with freezers, chillers and a central gondola.

Selling all staple grocery lines, cards and stationary, alcohol, tobacco, news and magazines there is constant footfall.


INFORMATION

Our Reference
T32939E.

Tenure
Leasehold.

Viewing
Strictly by appointment only, please call our Norwich Office on (01603) 28 08 73 to make an appointment.

Finance
Finance available to suitable purchasers

Business to Sell or Let?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

Premier Marketing
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on Rightmove.co.uk, other portals and our own website, make your business stand out from the crowd - call us today!

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1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.


Map & Street View

Disclaimer - Property reference T32939E. 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 EM&F East Anglia, Norwich. 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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