2 bedroom convenience store for saleSmithy Lane, PR4
84 sq. m.
- Business for sale
- 904 sq ft (84 sq m)
- REF: 13948 D
- Leasehold £84,950 +SAV
- CONVENIENCE STORE
Leasehold option available £84,950 per annum.
Hilton Smythe are welcoming to the market Much Hoole Village Shop and delicatessen.
A fantastic opportunity for anyone looking to run their own business. This particular shop and deli has a lot to offer, there is plenty of scope to expand even further and increase the good steady turnover the shop already has. The sale also includes a 2 bed self-contained flat which could be used as living accommodation for the buyer or rented out to increase profits.
The shop has been extremely well-established in this location. Our clients took over the shop 10+ years ago and are now wishing to retire.
The current owner has a good working relationship with the locals and is willing to offer a handover period to ensure the continued success of the business. The business has a fantastic reputation from both the shop and the deli side.
At present our client doesn't offer newspaper delivery, offering this service would benefit the business as the locals often ask for this service. Also, advertising the deli on social media and offering a fresh food delivery would boost sales.
The business is available as a Freehold or Leasehold.
Much Hoole is a nice and friendly community, the village hall hosts regular charity events and fairs which attracts a lot of footfall.
Much Hoole Village Shop is located in Much Hoole, Preston, within Lancashire.
The business is set in a prime trading location just off the A59 Liverpool Road and 6 miles from Preston town centre. This location receives daily heavy footfall and passing trade.
The main motorway links are the M56 and M6, which are 7 miles from the shop.
The property is well-signed and approximately 84m2 in size.
Ground floor: -
Shop floor containing-
Alcohol display shelving (behind counter)
EPOS system till
Free cash machine
Double display Freezer
Ample shelving and display stands
4 x large greeting card stands with drawer storage underneath
Slatwall paneling display and hooks
Free standing greeting card stand
Kitchen / deli area containing-
Conventional oven and grill
Contact grill/panini press
Kettle & toaster
Stainless steel wash basin
Under counter fridge
Scales and utensils
Double sized serve over display chiller
Storage cupboards and sideboards
Office and storage room with storage cupboards, shelving and a desk.
There is ample free parking on the road and a garage currently used for storage, there is also a toilet in the garage.
First floor (flat): -
Lounge with fireplace
Kitchen with cupboards, sink and sideboards
3 piece bathroom suite
The premise is fully alarmed.
We are advised the premises is being sold as a Freehold opportunity.
There is a Leasehold option available if required.
The length of the lease is negotiable.
Rent shop £1,000 per month and £500 per month for the flat.
Normal opening hours are:
Monday - Saturday: 7.30am - 20.00pm
Sunday: 8.00am - 18.00pm
The opening hours have been temporarily reduced to:
Monday - Friday: 7.30am - 18.30pm
Saturday: 7.30am - 19.00pm
Sunday: 8.00am - 13.00pm
Family run by husband, wife and son with the help of 1 full time and 1 part time members of staff.
2016 accounts show a turnover of £500,000 (exclusive of Lottery, Payzone and VAT) with a gross profit of roughly 23%.
Payzone turnover £35,000 per annum
News sheets turnover £25,000 per annum
Lottery turnover £75,000per annum
Stock at value is around £35,000.
Currently no rates payable, the flat is band A.
Current owner happy to offer a handover to ensure the continued success of the business.
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Disclaimer - Property reference 13948D. 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 Hilton Smythe, Bolton . 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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