Business for Sale in Derbyshire Thriving Convenience Store for Sale in Derbyshire

Leasehold Price £70,000

Business Details
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Key Information

Reference: G35686G
Tenure: Leasehold
Status: Under Offer
Region: Derbyshire
Sector: Convenience Stores
Annual Sales: £294,867.00 Exc. VAT
Weekly Sales: £6,300.00 Inc. VAT
Rent Payable: £18,500 per annum on a lease to be negotiated. Additional for residential accommodation.
Business Rates: NIL payable due to Small Business Rates Relief Scheme
Accommodation: Three bedroom flat located above the store with internal and external access. Suitable for owner accommodation or to let out

Established business since 1999 with a loyal customer base.
Prime location in a residential area with ample parking.
Diverse product range and additional services.
Strong potential for expansion and growth.
Favorable lease terms with negotiable options.
Comprehensive financial records showcasing profitability.
Includes essential retail equipment and inventory.

Business Information

Nestled in the heart of a bustling Derbyshire village lies a remarkable opportunity for entrepreneurial spirits looking to invest in the retail sector. This well-established convenience store, having served the local community since 1999, is now on the market. Boasting a strategic location in Riddings, Alfreton, the business benefits from its positioning in a residential area with strong local patronage and easy accessibility.

The store spans an impressive 1,794 sq. ft., thoughtfully partitioned to maximize retail space and efficiency. It offers a wide range of products, including everyday essentials, spirits, tobacco products, and much more, catering to the diverse needs of its clientele. Additionally, the business serves as a vital community hub, providing services like PayPoint, Lotto, UPS, and Amazon, which contribute significantly to its revenue through commissions.

There is immense potential for growth and expansion. The current owners have identified opportunities to extend the retail area and leverage local marketing strategies to drive further footfall. The business is perfectly poised for an owner-operator with retail experience who can harness its established reputation and propel it to new heights.

Key Information

Location: Prime spot in Riddings, Alfreton, Derbyshire, with excellent accessibility.
Premises: Total floor space of 1,794 sq. ft., with potential for expansion.
Financial Performance: Proven profitability with detailed financial records available.
Facilities: Includes a range of essential retail equipment and fixtures.
Staffing: Operated by a dedicated team, ensuring smooth daily operations.
Tenure: Leasehold, with negotiable terms for the commercial space and optional residential accommodation.
Trading Hours: Convenient hours to cater to local customer needs.
Unique Opportunity: Ideal for individuals or couples with retail experience looking to own and grow a well-established business.

Offers around £70,000 + SAV | Business Ref: G35686G

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