Convenience Store for sale

Spilsby, Lincolnshire.

Offers in Region of £400,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Freehold Convenience Store
  • Two Bedroom Flat above the shop
  • Two Bedroom House next to the shop
  • Village Location Taking £6664pw plus Lottery
  • Considerable Potential
  • Accounts 2017 show nets sales £320033pa
  • Refitted to a high standard
  • Everrett Masson & Furby Reference Number: G32499G

Full description

Tenure: Freehold

Description: This business has been refitted to a very high standard and trades under the "Costcutter" brand. This is a very well established business having been successfully run for many years by the current owners. It is currently run under staff management as the owner has a very successful shop in Sibsey. This Costcutter shop is very popular with its loyal local residents because it has retained many of its traditional features and values. Inside the shop is aesthetically pleasing and presented with a clean and modern layout to include a good selection of products and services you would expect from a shop of this size.

Premises: This is a substantial detached property including the ground floor shop circa 1,200sqft, a two-bedroom flat above the shop on the first floor and a two-bedroom house next to the shop.

Trade: Based upon the analysis from the last four vat returns the gross weekly takings are stated to be:
Shop Sales - £6,664pw
National Lottery - £1,664pw
PayZone - £tba
From accounts for July 2017 the net sales are shown as £320,033pa with a gross profit of 19%. The ANP is expected to be circa £33,669pa after add backs for a working couple or family plus the rental income from the house and flat both of which are currently let.


More information from this agent

Nearest station

  • Thorpe Culvert (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F Group, East Midlands

P.O. Box 7618, Corby, NN17 9DZ

01856 496004 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

Nearest station

  • Thorpe Culvert (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F Group, East Midlands

P.O. Box 7618, Corby, NN17 9DZ

01856 496004 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 G32499G. 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 EM&F Group, East Midlands. 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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