Convenience Store for sale

Today's Local, 10-12 Allerton Drive, Nether Poppleton, York, YO26 6HN

Guide Price £130,000

Property Description

Commercial information

  • Business for sale

Key features

  • Average weekly T/O 9k plus VAT (GP 28%)
  • Post Office: c. 55,000 pa, less due to Covid
  • Mostly staff run, ideal for owner operator
  • Gross profit YE Dec '20: 183,380
  • Low tobacco sales, no paper sales
  • Excellent profits. Pleasant village location. Energy Rating D
  • Christie & Co Ref: 5416921

Full description

Tenure: Leasehold

Description

A well established convenience store and Post Office selling a wide range of convenience goods and stationery products as well as offering the National Lottery, PayPal and Mains Post Office services.

The Post Office brings footfall and income into the business.

Location

The business is located on a busy shopping parade, with parking to the front and side, within an affluent and sought after residential location in this popular village on the outskirts of York.

Internal Details

A well presented store with two gondola aisles, LED lighting, modern flooring, end of aisle promotion displays, alcohol section for chilled wines and beers, wall shelving, Bake and Bite glazed cabinet and stationery display. There is an internal ATM and a counter with cash register and local Post Office position, a tobacco gantry behind and spirits display.

Tenure

New 10 year lease from March 2020, break clause option at 2025.

External Details

The store is located in a shopping parade with parking spaces available.

The Opportunity

Our clients have owned and operated the business for several years and now wish to sell to concentrate on running their other store.

Staff

The store is run under management with the assistance of part time and full time staff who work on the Post Office and retail side. Our clients also work in business part time when they can between this and their other business.

Trading Information

Average weekly retail sales are £9,000 excluding VAT, plus Post Office income of £54,095 per annum.

Trading Hours

The store opens 8am to 8pm 7 days per week.

Business Rates

Confirmation of business rates payable should be obtained from the Local Authority.

Regulatory

Premises licence.


More information from this agent

Nearest stations

  • Poppleton (0.7 mi)
  • York (3.0 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Poppleton (0.7 mi)
  • York (3.0 mi)
Distances are straight line measurements from centre of postcode

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