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Retail premises for sale

£49,950

Summerhouse, Stafford ST19

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Property description

Business
Hilton Smythe is delighted to introduce to the market Poppins Pantry. The business is well established, originally opening its doors in 1995 by our client.

Our client is now looking to sell the business due to the desire to take a well deserved retirement. This store generates a fantastic turnover of around £381,060 per annum with a gross profit of 14%.

The business runs as a general store, newsagents and an off licence filling its shelves with all conveniences. The turnover is generated from the sale of alcohol, cigarettes, fruit and vegetables, pet food, magazines, newspapers and the lottery. In the store is a small hot drinks machine, paypoint and a printer from which a little extra income is made.

Only recently has our client introduced fruit and vegetable sales. There is a small lock up stand outside the property, from here they sell a vast range of fresh produce. This has been a great success to the business.

This large store highly benefits from sales generated by regular repeat customers, there is also a lot of sales from passing trade. To the rear of the store is a large carpark allowing for customers to easily call in

This is an excellent turnkey opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
Poppins Pantry is situated just on the outskirts of Penkridge, Staffordshire.

Penkridge is a highly populated area, with fantastic road connections. The town centre is just a short walk from the business. Running through the town centre is the A449, this road connects Stafford and Wolverhampton. The business is just a short drive from the M6 motorway which runs all across the country.

This particular area is residential, the business derives much of its trade from the locals. There are very few shops around, benefiting the store highly. This is a lovely area to live and work as there is a beautiful canal just 2 minutes away. Around the area are several bus stops and in the town is Penkridge train station, giving this area great public transport links.
Premises
The premise is a 3 storey building, however the first and second floor are not included in the sale.

At the side of the property is a large drive which leads to the carpark at the rear of the premise. The store has great signage and is very attractive.

The entrance to the property is at the side this is accessible via the ramp or steps. Near the entrance is the small lock up which stores the fresh fruit and vegetables.

Once inside the store the shop area is a large l shape with centre display aisles. There is perimeter shelving throughout, stocking a fantastic amount of products.

Equipment included in the sale is as follows-

2 x Display chest freezers

Magazine and paper racks

Three tier ice cream freezer

Two door drinks chiller

2 x Two section open chiller units

Printer/Copier machine which is owned by Toshiba.

Shop counter

Till

Lottery terminal

Paypoint

Cigarette gantry

CCTV system

In the back there is a store room with shelving, kitchen, w/c and an office area for staff. There is also another store room with shelving.

The property is well secured with an audible alarm system and a CCTV system with 16 cameras.
Tenure
We are advised the business is leasehold

Original lease length 10 years

New lease available on negotiation.

Reviewed every 5 years.

Rent £500 per month
hours
The business opens:-

Monday-Sunday: 5am – 10pm
staff
The business is run and managed by the owner.
Financial profile
The business reports a turnover of £381,000 per annum

With a gross profit of 14%

What Zoopla users think of Penkridge

Overall rating:

  • currently 4 stars
Very good - 76% (33 ratings)

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
  • 2
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Penkridge (0.5 miles)
  • Cannock (4.4 miles)
  • Hednesford (4.5 miles)
  • Birmingham International Airport (24.0 miles)
  • East Midlands Airport (33.4 miles)
  • Coventry Airport (36.0 miles)
  • Woodside Birkenhead Ferry Terminal (59.7 miles)
  • Liverpool Pier Head Ferry Terminal (59.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (60.0 miles)

Nearby schools

View all schools in South Staffordshire
  • Princefield First School (0.1 miles)
  • St Michael's CofE (A) First School (0.3 miles)
  • Marshbrook First School (0.3 miles)
  • Wolgarston High School (0.3 miles)
  • The Rural Enterprise Academy (1.6 miles)
  • South Staffordshire College (3.9 miles)
  • Penkridge Middle School (0.4 miles)
  • Peak Education (2.3 miles)
  • Cardinal Griffin Catholic College (3.5 miles)
Note: Distances are straight line measurements

Local info for South Staffordshire

About the neighbours in ST19

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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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