Business for sale

Business description

Advent Business Sales is pleased to offer to the market this well established freehold newsagents/convenience store.

The business has an excellent local reputation and benefits from an alcohol licence.

The current vendor has been in ownership since 1982 whilst the business has a trading history of over 50 years.

The owner has now decided to sell in order to follow a totally different business venture.

The business retails all the normal traditional items including:
• Cigarettes and tobacco
• Beers, wines and spirits
• Groceries
• Confectionery, sweets and chocolate
• Frozen foods and ice cream

Our client provides a Pay zone facility.

The business offers tremendous scope to extend evening opening hours especially to take advantage of the useful alcohol licence.

Increasing the quantity and ranges of stock would also boost sales.

The first floor accommodation could be used as owners accommodation if need be. At present it is let for a monthly rental of £400.
Newsrounds – 4 ‘am’, 5 Sun 7 Eve
General Information
Trading hours:Mon – Sun: 6am – 8pm
Property:Freehold
Lease terms:TENURE: Freehold We are advised that the annual business rates are currently: TBC
Living accomodation:BUSINESS PREMISES A large double fronted premises with electric shutters. The property briefly comprises of: Ground Floor - Main counter with one till - Several gondolas - Large open chillers - 3 double free standing drinks fridges - 1 single free standing drinks fridge - rear kitchen facilities - Rear storage area - Outdoor side storage covered area - Secure storage for alcohol and cigarettes First Floor - 2 bed self contained flat – currently let at £400 per month
Location:Our client is located in a small arcade of several shops including a post office a supermarket, and a chippy. The business is situated in an extremely highly densely populated residential housing estate.

The new modern leisure centre and health centre together with the only post office in the vicinity are further contributing to the already high levels of footfall.

Financing available:Please let us know if you require finance for the purchase of a business.