One Stop, 6 St. Peters Road, Great Yarmouth, Norfolk, NR30 3AY

A rare opportunity to acquire this well-established store which is ideally positioned within the heart of a residential housing estate and benefits from high levels of passing foot traffic.

The premises which will be included within the lease agreement occupies this commercial unit only, and is considered a “lock-up” opportunity, with NO residential dwelling included.

The business has become very popular and is heavily relied upon by nearby residents and those using the nearby amenities.

The One Stop store enjoys a prime trading position in the heart of a residential housing area in Great Yarmouth, Norfolk.

Situated on St. Peters Road itself, the store fronts a well-frequented main road and serves the surrounding community with ease.

This purpose-built retail unit sits within a local shopping parade, ensuring strong accessibility for both local residents and passing trade. The store is primarily accessed via the A12, which connects Great Yarmouth to Lowestoft in the south and Norwich to the northwest.

The convenience store has a mainly open plan sales area of approximately 1,593 sq./ft (148 sq/m) with chiller aisles lining the perimeter of the store.

The shop is fitted and equipped for the sale of convenience goods, chilled and frozen products, a full off licence, confectionary, cigarettes, newspapers, magazines, stationary, local products and pharmacy and medical products.

Additional services include Payzone and Evri parcel delivery services.

The main sales till is located at the front of the store with additional storage space to the rear. There is also a communal staff area, office space and W/C occupying the ancillary areas.

We are advised by our clients that the fixtures and fittings are wholly owned and will be included within the sale.

This double fronted, well-lit shop front offers disabled access and on street parking.

This profitable store which was previously a McColl’s shop, has recently been re-fitted and branded with the symbol group, One Stop.

We are advised there is 4-years remaining of a 5-year supply agreement.

In addition, sales are mainly derived from traditional convenience sales including tobacco, alcohol, news and magazines, fresh, chilled and frozen foods, grocery products, bread and bakery, confectionary, snacks and soft drinks. Additional services include Payzone and Evri parcel deliveries.

The business is run with the assistance of part time and full-time members of staff.

The Transfer of Undertakings Protection of Employment (TUPE) regulations shall apply to all employees, requiring purchasers to offer continuity of employment to all staff.

Trading information available upon request for seriously interested parties.

Store opening hours:

Monday- Sunday – 06:00am – 1:00am

The freehold unit for the shop only is for sale at a figure of £400,000 on an asset sale basis.
Otherwise, if you are interested in purchasing the leasehold interest only, this sale is an assignment of lease.
The current lease expires 26/07/2039 with an original term length of 15-years. The annual passing rent is £12,000.

The VOA web portal states that the Rateable Value (1st April 2017- 2021) is £17,000.