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Convenience Store for sale

Whittingham Lane, PR3

90 sq. m.

Property Description

Commercial information

  • Business for sale
  • 968 sq ft (90 sq m)

Key features

  • REF: 1218

Full description

Tenure: Leasehold

Business currently closed due to ill health

Hilton Smythe welcomes to the market The Village Store. This fabulous convenience store and off licence is in an ideal trading position serving the local community.

The store currently stocks bread, eggs, alcohol, confectionary, hot and cold drinks, newspapers, ice creams, groceries and frozen foods. There is the scope to introduce additional food lines to increase profits. The business generates a turnover in the region of 375,000 per annum, with a gross profit of approximately 13%.

The business opened over a year ago and has proved popular with local residents; the store also provides a convenient cash machine and Payzone service, as well as recently installing a lottery terminal and scratch card system. The business benefits from ample free parking to the front. We are advised the business has also recently joined the Myhermes parcel shop network.

We would highly recommend viewing this central village store which the current owner renovated just over a year ago to a very high standard presenting an ideal walk in trading investment.

The business is located in the quaint rural village of Goosnah, on the outskirts of the city of Preston in the Lancashire countryside.

The business is in a heavily populated residential area and is centrally located within this busy village ensuring high footfall. The business is on the B5269 Whittingham Lane close to the M6 motorway.

Preston has excellent public transport services with its own railway station and regular bus services throughout the area.

The main retail area comprises of serving counter to the right with two cash registers and Nescafe drinks machine, large open chiller to the left, various chillers and freezer units around the perimeter of the shop. The store is decorated to a very high standard throughout.

There is a central gondola housing stock of confectionary and convenience items and upright drinks chiller.

To the rear of the premises is access to the converted loft housing small landing area, kitchen and toilet facilities. We feel the space could be utilised for storage or living accommodation.

Externally the premises benefits from good clear signage with ample free car parking to the front and is installed with cctv throughout.

We are advised the premises are Leasehold.

The original lease length is 20 years with 19 years remaining, the current rent is 7000 per annum.

The store currently opens 7 days a week:--

Monday - Sunday 7.30am - 9.00pm

The business is a family concern.
The business reports a healthy turnover of just over 375,000 per annum with gross profits around 13%.

Map & Street View

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