Business Hilton Smythe welcomes to the market Today’s Local in Nottingham.
This long established business has been run by the same vendor for over 3.5 years becoming a hot spot for local trade servicing the surrounding community and beyond which due to the vendor relocating has now become available.
The business is laid out in a traditional format with fridges and display counters situated around the perimeter of the site.
The shop stocks food and provisions to include all the local household staples and much more including newspapers and magazines a large range of frozen foods, an extensive wine and alcohol serving, tobacco and a well stocked range of confectionary, crisps and ice cream, the site also benefits from providing services such as Hermes parcel collection, a paypoint facility and a lottery terminal.
The business offers the opportunity for a new operator to extend and diverse the food and provisions offering further product lines, creating a more active web and online footprint as well as introducing local deliveries for the large residential population surrounding the site.
This is a rare and exciting opportunity for either an individual or and established operator looking to take on an additional business in this much sought after area of the City.
Location The business is ideally situated along Westdale Lane in the Geddling Area of Carlton in Nottingham.
The site is a short distance from the Carlton Academy and the busy retail area of Geddling itself.
Surrounded by residential dwellings and with ample on street parking including vendor parking to the front, the site benefits from being on the main bus route in and out of the area with a bus stop just to the left of the shop.
Premises Ground floor mini-market with vendor parking to the front. Circa 117sq m.
Main trading area and service counter, Shelving racking, Storage binnacles, Refrigeration and deep freeze units, CCTV system.
To the basement is two further store rooms and an office, kitchen with WC and shower and access out to the rear of the store.
The business is being offered to the market with all the equipment necessary for it to function in its current format.
Tenure We are advised the business is being offered on a leasehold basis 6.5 years remain on the lease. Rent is £10,000 per annum.
Hours The opening hours are currently 9.00am to 9.00pm seven days a week.
Staff The business is run and managed by the current vendors with family assistance.
Financial Profile We are advised the business is currently turning over in the region of £210,000 per annum.
The rateable value of the premises is £9,500, however there are currently no rates payable on the business.
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