LocationThe Premier on Worcester Road is located in the idyllic town of Malvern. The unit benefits from its excellent frontage and being situated on the A449 which provides a good level of transient trade. Malvern is located approximately 8.5 miles from Worcester and 47 miles from Birmingham respectfully. Therefore, the area has excellent transport links regular bus services, good access to the M5 & M50 and a local train station located only 1.7 miles away, which provides access to a number of major cities in the UK. Malvern also offers a fantastic range of amenities including; public houses, restaurants, bars, shops, medical institutions and great access to green space. There are a number of local primary and secondary schools which have varying Ofsted ratings.
Internal DetailsInternally, the retail trading has been well fitted throughout and extends approximately 883 sqft. There is access to the storeroom, office space and staff facilities via a door to the rear of the trading area which also leads to further storage via some downward stairs to the basement. The trading area has a sales counter to the front with a cigarette gantry behind. There is a large gondola unit dividing the trading area which are used to display a range of confectionery, grocery and household items. There are ample chiller and freezer units surrounding the trading area with some of these used to display a select amount of wine, lager and cider. There is also a fortress style post office counter to the rear of the trading area. Further benefits include; CCTV, air conditioning, inset LED lighting and tiled flooring.
Fixtures & FittingsAll fixtures and fittings will be listed before an exchange of contract in a detailed inventory.
External DetailsExternally, the property benefits from on road customer parking.
The OpportunityThe Premier on Worcester Road offers an incoming operator an excellent opportunity to build on the strong foundations established by the current owners. This opportunity would suit either a multiple operator or a first time buyer who is eager cut their teeth in the sector. The current owners have ran the business for X amount of years so the business has a loyal customer base. However, there is also room to improve on this customer base by offering a wider variety of services such as; food 2 go. There is a further opportunity to convert the upstairs accommodation into several flats which will allow an incoming operator to collect a good level of rent per year.
Trading InformationWe are in receipt of the 2024 accounts and up to date EPOS data. These can be provided upon request.
Trading HoursThe current trading hours are Monday to Saturday 7am – 10pm and Sunday 8am – 10pm.
TenureThe property is available on a freehold basis. Please note that no approach is to be made directly to the store.
This property is also available under a new lease, premium will be at an asking price of £250,000 with a rent of £36,000.