Convenience Store for sale

Bargain Booze Select Convenience, 19-21 Sherwood St, Market Warsop, Mansfield, Nottinghamshire, NG20 0JP

Guide Price £220,000

Property Description

Commercial information

  • Business for sale

Key features

  • Established over 11 years
  • c. 28,000 per week in sales
  • Free of symbol tie
  • Main road position in centre of village
  • For sale due to relocation
  • Scope to increase hours. Energy rating D

Full description

Tenure: Leasehold

Description

The store is laid out in a way that provides a quality customer journey through the store and makes the most of the impulse purchase. There are around 1,200 square feet of trading space on the ground floor, and to the first floor there is a further retail area of around 175 square feet, currently used as a DVD rental space which generates a profit of approximately £6,000 per annum.

Location

Located on Sherwood Street, a busy thoroughfare in the centre of the village of Market Warsop which has a thriving community and convenient for residents of neighboring villages and suburbs of Mansfield including Mansfield Woodhouse, Spion Kop, Meden Vale and Cuckney.

Fixtures & Fittings

The store comes complete with chillers, freezers, shelving, counter, compliant tobacco gantry and closed circuit television system.

Letting Accommodation

The building includes a one bedroom flat which is currently let on an assure shorthold tenancy and generates an income of £375pcm.

External Details

The store fronts onto Sherwood Street which provides on street free parking and is also close to several other free to use car parks.

The Opportunity

This business has provided a comfortable living for the owners who are selling only due to relocating to be nearer to family.

The new owner would benefit from having purchased a thriving business, with scope to improve further and could easily be run as either a first time store, or as an addition to an existing retail portfolio.

Staff

The store is owner operated and trades with the help of two full time and four part time members of staff. All staff would be covered by the TUPE legislation and will be transferring with the completion of the transfer of the going concern.

Trading Information

The shop trades at around £28,000 per week in core sales and shows a gross profit for the year to January 2017 in the region of £200,000. Detailed trading information and accounts will be made available to seriously interested parties after they have viewed the store.

Trading Hours

8am-9pm 7 days per week.

Business Rates

The rateable value is £9,300 with effect from 1st April 2017.


More information from this agent

Nearest stations

  • Shirebrook (2.1 mi)
  • Langwith-Whaley Thorns (3.1 mi)
  • Mansfield Woodhouse (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

0115 798 0493 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

  • Shirebrook (2.1 mi)
  • Langwith-Whaley Thorns (3.1 mi)
  • Mansfield Woodhouse (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

0115 798 0493 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 5710783-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 , Nottingham. 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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