Convenience Store for sale

Den's News, 63 Belmont Road, Uxbridge, United Kingdom, UB8 1QT

Sold STC £625,000

Property Description

Commercial information

  • Business for sale

Key features

  • Edge of Uxbridge town centre
  • Gross weekly sales 6,000-7,000
  • Opportunity for convenience store
  • Includes 2 bedroom owners accomodation
  • Prime trading location
  • Lottery & Oyster agent. Energy rating C

Full description

Tenure: Freehold

Description

Den's News represents a rare opportunity to acquire a freehold newsagent in a Greater London town centre.

The business offers an excellent prospect of modernising a tradition newsagents which has been in the same ownership for over 20 years, to a modern convenience.

Location

The business is located in a prime location taking up a prominent position between Uxbridge town centre, a residential housing area and Uxbridge College, local schools and leisure areas.

Uxbridge is a West Greater London town accessed from the M40/A40 junction 1, M25 junction 16 and numerous roads linking nearby areas of Slough, Hayes and Northolt.

Internal Details

The business is trading from a sales area of c.440 sq ft which is fitted with wall fixtures, three fridges, freestanding gondola and sales counter with single till position.

The stockroom is fitted with wall racking.

Fixtures & Fittings

We're advised all fixture & fittings are owned outright.

External Details

A rear walled garden which accesses a garage and owners parking for two vehicles.

Owner's Accommodation

The ground floor benefits from a kitchen, dinning area and workshop, whilst the upper floors have a bathroom, separate WC, lounge and two bedrooms.

The Opportunity

Dens News sells a range of newspapers and magazines, soft drinks, tobacco, confectionary, ice cream and other complimentary items.

The weekly wholesale news bill is £1,000-1,100 with c.£500 of news vouchers. There are 5 daily news rounds delivering to c.180-200 daily customers.

Due to its prime trading location and established customer base, there is a strong potential to increase the product range as a modern convenience store selling food/drink to go, alcohol and chilled & frozen goods.

Staff

The business is operated by a husband and wife with the aid of a part time member of staff.

Trading Information

Profit and Loss for the year ended 5 April 2016 show sales of £453,293 and a gross profit of £73,296.

The current weekly sales
Shop £6-7,000
Oyster £700
Lottery £1,000.

Trading Hours

Monday-Saturday 5.30am-6.30pm
Sunday 7am-11.30am

Business Rates

The 2017 rateable value is £15,250


More information from this agent

Nearest stations

  • Uxbridge (0.1 mi)
  • Hillingdon (1.3 mi)
  • Ickenham (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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

  • Uxbridge (0.1 mi)
  • Hillingdon (1.3 mi)
  • Ickenham (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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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