3 bedroom convenience store for sale

Nuneaton, Warwickshire

£324,500

Property Description

Commercial information

  • Business for sale

Key features

  • Freehold with 3 Bed House
  • Takings 5,400 pw
  • Large Forecourt to Front
  • Low Overheads
  • New Kitchen & Bathroom
  • Long Established
  • Busy Suburban Location
  • Currently Nil Rates
  • Very Well Maintained
  • Large Garden

Full description

Tenure: Freehold

We are delighted to be able to provide you with the chance to acquire a long established freehold convenience store and off licence situated in a busy suburban area of this popular North Warwickshire town. As well as the business the property also includes substantial family accommodation with many newly fitted items together with extensive parking and a large garden.

The business enjoys solid takings built over the many years that the current owner has been here and together with the property on offer provides a wonderful opportunity for a hands-on family to run a successful operation and enjoy the living accommodation that will be theirs as well.

THE BUSINESS ITSELF

The shop has been family run for over 20 years and has built a strong customer base over that period as is shown by the weekly takings in the region of £5,400 and we are advised by the owner that a gross profit of 19.7% is currently achieved. The weekly news bill is £300 p.w at cost and there are at present 2 morning delivery rounds and 2 on a Sunday.

The shop sells a wide range of products including newspapers, magazines, greeting cards, groceries, toiletries as well as a sizeable off-licence selection.

The business benefits from a large parking forecourt to the front, a bus stop close by and 4 schools in the surrounding area. It further benefits from low overheads as there is no wage bill, currently nil rates and of course no rent to pay.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

Business Premises:
The large forecourt allows for parking for 6-7 vehicles and leads to the entrance to the refitted sales area measuring approx. 630 sq. ft. The shop benefits from a terrazzo tiled floor, new suspended ceiling with recessed lightings panels, CCTV cameras and split screen monitor. To the rear of the shop is a cloakroom with low-level w.c and wash hand basin, lobby with radiator leading through a door to the stock room.

Fixtures and Fittings to the shop include a 5-tier news/magazine display, greeting cards stand, two runs of double-sided display shelving and off-licence shelving. There is then also a Walls ice-cream cabinet, a Tefcold double-door freezer display cabinet, chilled cabinet with pull-down blinds and a chilled drinks display cabinet. The shop is finished with a purpose-built counter with open front snacks/crisps display and EPOS register on top.

Private Residential Accommodation:
The spacious, centrally heated and double-glazed accommodation comprises:

Lounge (20'6" x 15'6") - with gas fire, radiator, two windows.
New fully fitted Kitchen (13'6" x 13') - with wall and base beech units; spotlights; 7-hob Belling gas cooker; built-in dishwasher; fitted fridge freezer; stainless steel sink; plumbing for washing machine; Combi boiler.
Bedroom 1 (13'max x 16'6") - windows to two elevations, radiator, cupboard space.
Bedroom 2 (14'3" x 9') - with radiator.
Bedroom 3 (11'3" x 8'3") - radiator, loft hatch. Bathroom new fully tiled walls and new flooring with suite of bath, heated towel rail, low-level w.c. and wash hand basin.
Walk-in Store (11'6" x 2'6") - on Landing.
Outside - Large Garden overlooking countryside and school playing fields. Patio area, concrete base for shed. Single car Garage.

Energy Performance Rating: 'D'.

INFORMATION

Our Reference
GOL32197Q.

Tenure
Freehold.

Viewing
Strictly by appointment only, please call our Norwich Office on (01603) 28 08 73 to make an appointment.

Finance
Finance available to suitable purchasers

Business to Sell or Let?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

Premier Marketing
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on Rightmove.co.uk, other portals and our own website, make your business stand out from the crowd - call us today!

Unhappy?
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.


Nearest stations

  • Nuneaton (0.4 mi)
  • Bedworth (2.9 mi)
  • Hinckley (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F Group, East Anglia

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 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

  • Nuneaton (0.4 mi)
  • Bedworth (2.9 mi)
  • Hinckley (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F Group, East Anglia

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 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 GOL32197Q0. 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 Anglia. 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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