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Retail premises for sale

£20,000

857 Whittingham Lane, Preston PR3

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Property description

Business
Hilton Smythe welcomes to the market The Village Store. This fabulous convenience store and off licence is in an ideal trading position serving the local community.

The store currently stocks bread, eggs, alcohol, confectionary, hot and cold drinks, newspapers, ice creams, groceries and frozen foods. There is the scope to introduce additional food lines to increase profits. The business generates a turnover in the region of £375,000 per annum, with a gross profit of approximately 13½%.

The business opened over a year ago and has proved popular with local residents; the store also provides a convenient cash machine and Payzone service, as well as recently installing a lottery terminal and scratch card system. The business benefits from ample free parking to the front. We are advised the business has also recently joined the Myhermes parcel shop network.

We would highly recommend viewing this central village store which the current owner renovated just over a year ago to a very high standard presenting an ideal walk in trading investment.

Location
The business is located in the quaint rural village of Goosnah, on the outskirts of the city of Preston in the Lancashire countryside.

The business is in a heavily populated residential area and is centrally located within this busy village ensuring high footfall. The business is on the B5269 Whittingham Lane close to the M6 motorway.

Preston has excellent public transport services with its own railway station and regular bus services throughout the area.
Premises
The main retail area comprises of serving counter to the right with two cash registers and Nescafe drinks machine, large open chiller to the left, various chillers and freezer units around the perimeter of the shop. The store is decorated to a very high standard throughout.

There is a central gondola housing stock of confectionary and convenience items and upright drinks chiller.

To the rear of the premises is access to the converted loft housing small landing area, kitchen and toilet facilities. We feel the space could be utilised for storage or living accommodation.

Externally the premises benefits from good clear signage with ample free car parking to the front and is installed with cctv throughout.
Tenure
We are advised the premises are Leasehold.

The original lease length is 20 years with 19 years remaining, the current rent is £7000 per annum.
Hours
The store currently opens 7 days a week:--

Monday – Sunday 7.30am – 9.00pm
staff
The business is a family concern.

Finanical profile
The business reports a healthy turnover of just over £375,000 per annum with gross profits around 13½%.

What Zoopla users think of Whittingham

Overall rating:

  • currently 3 stars
Good - 57%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
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  • 1
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Parks & recreation
  • currently stars
  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
Schools & public services
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Transport & travel
  • currently stars
  • 1
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Nearby transport

  • Preston (Lancs) (4.8 miles)
  • Bamber Bridge (6.6 miles)
  • Salwick (6.8 miles)
  • Blackpool International Airport (15.2 miles)
  • Liverpool John Lennon Airport (34.6 miles)
  • Manchester International Airport (36.2 miles)
  • Knott End-On-Sea Ferry Landing (15.3 miles)
  • Fleetwood for Knott End Ferry Landing (15.6 miles)
  • Heysham Ferry Terminal (17.7 miles)

Nearby schools

View all schools in Preston
  • Goosnargh Oliverson's Church of England Primary School (0.3 miles)
  • St Francis Catholic Primary School, Goosnargh (1.4 miles)
  • Grimsargh St Michael's Church of England Primary School (2.1 miles)
  • Preston College (3.0 miles)
  • Alston Hall College (3.3 miles)
  • Myerscough College (4.4 miles)
  • Longridge High School A Maths and Computing College (2.5 miles)
  • St Cecilia's RC High School (2.5 miles)
  • Broughton High School (2.6 miles)
Note: Distances are straight line measurements

Local info for Preston

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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