Business
Please quote reference B08251.
An established and profitable convenience store, located in a bustling residential area, is now available for sale. The store has been serving the community for many years and was taken over by the current owner 18 months ago. This well-maintained convenience store presents an excellent opportunity for a new owner to step into a profitable business with room for growth. With low overheads, modern infrastructure, and a secure location
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- Lease Details: The store operates under a lease with 8.5 years remaining at a very affordable rent of just £650 per month.
- Sole Trader: The business is currently run as a sole trader operation, offering flexibility for a new owner.
- Staffing: The store employs one staff member, which provides continuity in day-to-day operations for a smooth transition.
- Stock & Assets:
- Four fridges
- One freezer
- Newly installed shelving for optimised product display
- Stock at Valuation (SAV): Approximately £25,000 worth of stock, ensuring the store is fully stocked and ready for business.
- Included in the sale is £20,000 worth of assets.
- Security & Safety:
- Secure Gated Parking: Convenient parking at the rear of the property offers added security and easy access for deliveries.
- 16 Camera CCTV System: The store is equipped with a high-quality 16-camera CCTV system, including a till-reading camera for enhanced security.
- Fire Safe System with Panic Button: The store also features a comprehensive fire safe system and panic button for added safety and peace of mind.
- Potential for Growth:
- Scope for Expansion: The store currently does not offer PayPoint, lottery services, or parcel collection services, leaving substantial room for additional revenue streams.
- Full Stock Take: A full stock take will be completed at the point of sale, ensuring transparency and clarity for the buyer.
Location
Short Street Stores is located on Short St, Burton-on-Trent DE15 9LT
The business has eye catching signage, receiving high levels of footfall and passing trade.
Premises
Large open plan service area with shelving, display stands and wall display.
Tenure
We are advised that the business is being sold on a Leasehold basis.
Hours
Further information can be made available upon request.
Staff
We are advised that the business has 1 member of staff.
Financial Profile
Turnover – £400,000
Further financials can be made available upon request.
