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Retail premises for sale

£39,995

Stoke-On-Trent ST11, UK

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Property description

Ref 6015 – Leasehold Convenience Store & Off Licence
Blacks Brokers are proud to bring to the market this leasehold convenience store and off licence located in a busy and densely populated area of Stoke-On-Trent, Staffordshire.


Introduction


Blythe Off Licence has been trading on Uttoxeter Road since 2000, with our client in ownership since 2014. The business offers a range of convenience products and has gained a large customer base of both regulars and passers-by due to the superb trading position.


Location


Located on the A521 Uttoxeter Road linking Stoke with Leek and Cheadle, the trading position is excellent with a large residential community and secondary school close by. The site has a car park to the front for around 6 cars and public transport links are good in this area.


Reason for sale


Blythe Off Licence is only being offered for sale due to our client’s relocation.


Lease


The lease will be a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is a 15 year lease that began in 2011 with rent reviews every 3 years. The lease runs at a cost of £288 per week.


Building layout and design


The business is housed within a large, detached property facing the main road with car park to the front. The shop is well branded with large signage on display across the front of the large building above the fully glazed frontage. Inside, the main retail area is very spacious, with tiled flooring throughout, modern lighting and products displayed on wall shelving, central gondolas and in display fridges and freezers. The servery counter is large with cigarette gantry to the rear and National Lottery stand in place. The space also houses two large storerooms and a small staff kitchen area and toilets. All areas are well presented and all fixtures, fittings and equipment is of a good standard.


Staff


Blythe Off Licence is currently operating with one part-time and two full-time members of staff in place.


Financial details


Financial details are available upon a viewing of the business and Blythe Off Licence traded solidly over its trading history. The business generates an annual turnover of £249,938 with gross profit of £55,903. Additional income of £150 per week is generated by National Lottery and a further £2,300 per week from PayPoint.


Summary


This leasehold business is very well-established and has a good base of local customers. There is much scope for growth with the introduction of new stock lines and potentially a sandwich/deli area and newspapers/magazines. This proposition would ideally suit a new owner-operator looking for an established business in this popular area. Early viewings are strongly advised. Business: £39,995.

Please quote ref: 6015

What Zoopla users think of Blythe Bridge

Overall rating:

  • currently 3.5 stars
Good - 70% (34 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Blythe Bridge (0.5 miles)
  • Longton (2.8 miles)
  • Wedgwood (4.1 miles)
  • Manchester International Airport (27.7 miles)
  • East Midlands Airport (32.7 miles)
  • Birmingham International Airport (38.3 miles)
  • Liverpool Pier Head Ferry Terminal (48.5 miles)
  • Woodside Birkenhead Ferry Terminal (48.5 miles)
  • Liverpool Isle of Man & Dublin Terminal (48.6 miles)

Nearby schools

View all schools in Stafford
  • Springcroft Primary School (0.2 miles)
  • Forsbrook CofE Controlled Primary School (0.8 miles)
  • The Crescent Academy (0.8 miles)
  • City of Stoke-On-Trent Sixth Form College (4.8 miles)
  • Alleyne's Academy (4.9 miles)
  • Westwood College (9.3 miles)
  • Portland School and Specialist College (0.0 miles)
  • Blythe Bridge High School (0.7 miles)
  • Ormiston Meridian Academy (1.2 miles)
Note: Distances are straight line measurements

Local info for Stafford

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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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