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Confidential Sale (Address Information Withheld) - Staffordshire - West Midlands

Property Details
Agent Ref No: C1144uk
Category: Business for Sale
Business Type: Tobacconist
Newsagents
Convenience Store
Offer Type: Offers in the region of
Price: £360,000.00
Rent: Not Applicable
Yield: £283000
Further Property Details
Date Listed: 2010-09-06
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading

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Description

COMMUNITY CONVENIENCE STORE, Armitage, Staffs. A detached property with modern accommodation and a large store in the heart of a village community. Turnover around £5,400 p.w. Freehold. Price £360,000 + SAV. Ref C1144uk

With its village location, just outside Rugeley, this business has been an important aspect of the community for nearly 50 years. The detached property offers modern accommodation and a thriving business but also a quality of life gained only in such semi-rural locations as this.

The store operates mainly as a newsagents and tobacconists with only a small supply of convenience goods sold. 12 daily news rounds ensure a large customer base. Car park spaces outside and the Post Office next door ensure a good footfall.

There is a great opportunity for a new owner to expand the opening hours, range of convenience goods, apply for an alcohol licensce and introduce paypoint/payzone facilities to increase turnover. Sales space can also be extended into the rear of the premises whilst maintaining ample living accommodation upstairs. The large rear garden is just a bonus on this type of premises.

Turnover for 2008 was £283,000

Please contact The Business Partnership for full details.