Total of 18656 firms and businesses for sale today Friday 19th April 2024
Business For Sale. Freehold Convenience Store And Letting Rooms – Crewe (cheshire
LISTING DETAILS
Firms For Sale ID:
8033
Vendor reference:
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£275,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
£238,000
Net profit / cashflow:
Undisclosed
Trading hours:
7 days per week
OTHER DETAILS
Reason for selling:
The owner now has a full-time job
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Living accommodation:
The domestic accommodation comprises large-fitted kitchen, large lounge, 2 bathrooms (shower and bath), 5 bedrooms, good-sized garden and garage all in good repair and decorative condition.
BUSINESS DESCRIPTION
Situated in a densely populated residential area in Crewe, this licensed freehold store trades 7 days per week offering a full convenience range including groceries, alcohol, tobacco, confectionery, newspapers, magazines and sandwiches. There is also a Pay Zone facility.
The premises also include 5 bedroom domestic accommodation which has separate access from the shop. The house is fully-let as a shared house on a month-by-month basis yielding around £20,000 per annum rent. An agency is used to manage the letting of individual rooms in the house.
Expansion Potential
The owner now has a full-time job and has been unable to manage the business personally. A new owner who worked in the business and had funds available to expand the stock could be expected to return the business to historic higher turnover levels and beyond.
Market / Competition / Non-Competition Agreements
There is very limited competition in the immediate area.