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Freehold Multi-Site Retail Discount Stores Nottinghamshire Area

Offers in Region of
£1,250,000

£263.05 per sq ft

Business rates & charges may apply

SOVEREIGN BUSINESS TRANSFER, Nationwide
SIZE AVAILABLE

4,752 sq ft

441 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and A2 Financial and Professional Services

A1, A2

Key features

  • REF: 3001
  • Two Sites Located In Prime Locations
  • Vast Scope to Increase Revenue Via Online Sales
  • Development Site Suitable For Alternative Uses Subject To Planning
  • Genuine Retirement Sale

Description

Sovereign Business Transfer is delighted to bring to market two fantastic independent retail discount stores, located within proximity to each other in the Nottinghamshire area.

The two stores are located in prime positions on busy parades of shops and offer a wide range of household items retailed at discount prices including greeting cards, accessories, toiletries, gifts, toys, paint, garden essentials and lots more.

All products are sold at realistic prices to the purchaser, yet very good margins are achieved by the retailer. Operated by competent staff members the retail spaces are tastefully laid out to emphasise the quality and range of gifts on offer.

The first subject property is a substantial three storey building with a total return of 3,686.10 square feet. The ground floor is currently used for retail and could easily be divided into small units with the first and second floors being converted into living accommodation (STPP). The is ample unrestricted customer parking to the rear of the premises.

The second subject property is a three storey building is circa 1,065.63 square feet located on a busy parade of shops with ample customers parking to the front and side of the premises. Both properties have been subject to periodic upgrades over their lifetime.

This long established business would greatly benefit from taking its operation online where customer orders could be placed which would undoubtedly increase revenue and the overall profitability of the business. Additionally developing a strong social media presence would increase the business profile and allow customers to easily follow the business and keep up to date on the latest gifts to come into the shop.

The shop currently has accounts with all the main suppliers in the industry which will be available to the new owner pending credit checks as standard.

This business would make an ideal opportunity for an experienced retail entrepreneur looking to purchase two quality retail outlets.

It would also suit a property developer looking to expand their current portfolio in the Nottingham area.

On the market for a competitive price of £1,500,000+SAV. Therefore viewing is highly recommended to fully appreciate the quality of this going concern.

Two Sites Located In Prime Locations
Vast Scope to Increase Revenue Via Online Sales
Development Site Suitable For Alternative Uses Subject To Planning
Genuine Retirement Sale

Brochures

About SOVEREIGN BUSINESS TRANSFER, Nationwide

Sinclair House Station Road, Cheadle Hulme, Greater Manchester, SK8 5AF

BUSINESS BROKERS UK

Looking for a business brokers to sell your business? We sell businesses of all kinds, let us help sell yours.

Sovereign Business Transfer is one of the UK’s fastest growing business brokers. We are based in Greater Manchester but sell businesses throughout the UK. Our unique approach is unrivaled in the industry and we deliver business sale results for small to mid-market businesses.

As Business Brokers, we have a list of qualified buyers v

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Notes

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Disclaimer - Property reference 3001. 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 SOVEREIGN BUSINESS TRANSFER, Nationwide. 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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