Business ***The owner is willing to offer the stock at a reduced price***
Hilton Smythe welcomes to the market Premier Store.
Newsagents and convenience store Current owner has occupied for 11 years Shop sells newspapers and magazines, cigarettes and tobacco. The store also holds an alcohol license, with a well-stocked drinks area offering beers wines and spirits as well as a wide range of chilled soft drinks in various fridge locations around the store. Good range of products including groceries, bread and cakes, milk and dairy products, confectionery and ice cream as well as general household products a true one stop shopping experience. The business also has a Lotto machine a pay point and a free withdrawal cash machine is situated to the back of the store generating further footfall.
Location Premier stores in located in the village of Messingham, Lincolnshire.
Situated on the High Street in the centre of the village, the store is located on the main through road for commuter traffic. Close proximity to the local residential community. Plenty of street parking around the store. Accessible via main public transport routes.
Premises Ground floor mid terrace style convenience store with large frontage. Circa 104sq m.
Main counter located to the front entrance. The store is fitted out in a traditional row format with display counters deep freeze unit’s drinks chillers as well as a separate ice cream freezer.
A range of free standing point of sale shelving displaying offers are arranged around the premises.
Magazine rack and newspapers as well as a well-stocked gift card offering to the right-hand side of the store.
A good-sized shop with a separate secure store room and WC with hand was basin located on the far side of the premises.
Tenure We are advised Leasehold. A new 10-year lease has recently been obtained. Rent is £650 per calendar month.
The business is free of business rates.
Hours The business is currently operating: - Monday to Friday 5am to 8pm Saturday and Sunday 6am to 8pm
Staff Currently operating with family assist by the current operators with 2-part time staff working 15 hours each to cover the morning trade.
Financial Profile We are currently advised that the business is turning over £163,000 as per the 2017 accounts providing a healthy gross profit.
A long-established cash business with an excellent passing morning trade, giving a new operator an excellent opportunity to expand the business further with a delivery offering to locals as well raising its social media and web presence to generate further income.
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