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Retail premises for sale

£29,950

Stoke-On-Trent ST1, UK

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Property description

Ref 5911 – Leasehold Off Licence & Convenience Store
Blacks Brokers are proud to bring to the market this leasehold off licence and convenience store located in a popular and much sought-after area of Stoke-on-Trent, Staffordshire.


Introduction


Best Bargains has been trading on Leek Road since 2014 when our client took ownership, with a business of the same nature here for over 20 years previously. The business stocks a range of convenience products and alcohol and has a large base of regular, local customers.


Location


The area is densely populated, with a large school situated nearby and University Campus within walking distance. Leek Road is a busy main road with much passing trade in addition to the local customer base.


Reason for sale


Best Bargains is only being offered for sale due to our client’s other business commitments.


Lease


The building is available on a competitive rent on an Internal Repair Only lease (iro lease). The current lease is 15 years and began in 2016 at a cost of £6,200 per annum.


Building layout and design


Best Bargains is housed within a single fronted retail unit within the ground floor of a semi-detached property. The building offers accommodation within the first floor, comprising of one bedroom, reception area, family bathroom and fitted kitchen. The business is striking in appearance with red signage on display to the front and parking available to the side of the building. Inside, the shop is well presented and well stocked, with goods displayed within wall shelving, central gondolas and within display fridges and freezers where required. The servery counter is positioned to the side with cigarette gantry behind. A stock room and toilet are positioned to the rear of the shop floor space and all areas are presented well.


Staff


Best Bargains is currently operating with three full-time members of staff in employment.


Financial details


Financial details are available upon a viewing of the business and Best Bargains has traded solidly over its trading history. The business generates an annual turnover of £312,000 with gross profits to be confirmed.


Summary


This long-established, leasehold business offers a new owner a superb opportunity to acquire a busy shop with large customer base already in place. There is some scope for expansion with the introduction of new product lines. This proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £29,950.

Please quote ref: 5911

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Nearby transport

  • Stoke-on-Trent (1.0 mile)
  • Longton (2.3 miles)
  • Longport (2.7 miles)
  • Manchester International Airport (23.6 miles)
  • Liverpool John Lennon Airport (35.8 miles)
  • East Midlands Airport (37.2 miles)
  • Liverpool Pier Head Ferry Terminal (43.6 miles)
  • Woodside Birkenhead Ferry Terminal (43.6 miles)
  • Liverpool Isle of Man & Dublin Terminal (43.7 miles)

Nearby schools

View all schools in Stoke-on-Trent
  • Waterside Primary School (0.4 miles)
  • Hanley St Luke's CofE Aided Primary School (0.4 miles)
  • St Mark's CofE (A) Primary School (0.7 miles)
  • Unity School (0.7 miles)
  • Stoke-on-Trent College (0.8 miles)
  • Regent College (1.0 mile)
  • Park Avenue Girls' High School (0.8 miles)
  • Peak Education Stoke (0.8 miles)
  • St Peter's Academy (0.9 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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