Convenience Store for sale

Shelton Road Premier Store, 3 Shelton Road, Lowestoft, Suffolk, England, NR33 7EU

£85,000

Property Description

Commercial information

  • Business for sale

Key features

  • Advised weekly store sales 6,000
  • Recent full refit inc fixtures & fittings
  • Large 2 bedroom flat
  • Central housing estate location
  • Ideal first time buyer opportunity
  • Further potential to increase sales. Energy Rating C

Full description

Tenure: Leasehold

Description

A linked, two storey building constructed of brick elevations under a flat felt roof, with the convenience store located on the ground floor and the self-contained flat on the first floor.

Location

Located in the centre of a residential housing estate in Lowestoft, close to the main road into the town centre.

Lowestoft can be reached via the A12 from London, approximately 140 miles to the south and the A47 to the west, with Norwich approximately 50 miles distant. Lowestoft also benefits from a main line intercity rail link into London Liverpool Street.

Internal Details

The store has an open sales area of approximately 1,000 sq ft and has recently benefitted from a full refit. It is fitted and equipped for the sale of a full range of convenience goods, frozen and chilled products, a full off licence, chilled off licence, confectionery, newspapers, magazines, cigarettes, fresh fruit and vegetables, pharmacy and medical products, stationery, hardware and DIY products, greetings cards and pet food. The business is also a National Lottery and PayZone Agent.

To the rear there is an office, stockroom, staff restroom and WC.

The store further benefits from full CCTV and alarm systems.

Fixtures & Fittings

We are advised by our client that the store has recently benefited from a full refit costing approximately £50,000 including new fridges, freezers, shelving, flooring, ceiling and lighting.

External Details

The business is situated in a highly visible, corner location amongst a small parade of other retail units including a fish & chip shop and hairdressing salon. It is also on a main local bus route.

There is ample off road parking for several cars adjacent to the store.

Owner's Accommodation

There is a large, two bedroom flat including lounge/diner, kitchen, bathroom/WC, which is located on the first floor with separate access.

The Opportunity

The business has been owned and operated by our client since 2015, during which time he has invested heavily in the business and has increased the current rate of sales. The store further benefits from four morning daily news rounds delivering to over 120 customers.

We believe that this is an ideal opportunity for a family or operated as a second business by an experienced local operator.

Staff

The business is run by one part time owner with the assistance of one part time member of staff.

Trading Information

We are advised that the currently weekly store sales are £6,000 plus services and commissions.

Trading Hours

Monday to Saturday 6:00am to 8:00pm
Sunday 7:00am to 8:00pm

Business Rates

The Rateable Value is £7,600 for the year commencing April 2017.

Regulatory

Premises Licence.


More information from this agent

Nearest stations

  • Oulton Broad South (1.4 mi)
  • Oulton Broad North (1.9 mi)
  • Lowestoft (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 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

  • Oulton Broad South (1.4 mi)
  • Oulton Broad North (1.9 mi)
  • Lowestoft (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 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 1418181-lh. 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 Christie & Co , Ipswich. 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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