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Key Facts

[Ref: 1482540]

Business For Sale : Freehold Convenience Store With Lottery
Location : 69 Grange Cross Lane Newton West Kirby,
Asking Price: 129,950

Contact: Jolley & Co

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FREEHOLD CONVENIENCE STORE WITH LOTTERY

Newton Village Stores, 69 Grange Cross Lane Newton West Kirby, CH48 8BL UK

Business

Location

This well presented business is located at the corner of Grange Cross Lane and Grammar School Lane in the Newton area of West Kirby. The premises are next to a hair salon and a bathroom showroom business.

Business History

The vendors advise that the convenience store was originally established in the early 1990s and formerly a Spar, VG Store, a delicatessen and butchers. The vendors purchased the business in 2005 and traded as a Spar but subsequently opted in late 2010 for better purchasing as an independent.

Business Profile

Convenience store with lottery selling a variety of general groceries together with tobacco, confectionary, ice cream, alcohol, news and magazines, frozen goods and some fruit and vegetables.

Financial Profile

The vendors will be able to provide accounting information and to discuss all the financial aspects of the business with prospective buyers.

Opening Hours

8:00am - 8:00pm Monday to Saturday 9:00am - 7:00pm Sunday.

Tenure

Long Leasehold. 999 Years from 2000 at a peppercorn rent (no rent payable). Jolley & Co. have not examined any title documentation and a buyer should arrange for their solicitor to verify that this information is correct.

Uniform Business Rates

Wirral Borough Council have verbally provided the following information: Rateable Value 4,400. Rates Payable 2010/11 1,531. No rates will be payable until October if eligible to claim Small Business Rates Relief.

Accommodation

The store was well presented at the time of our visit and benefits from modern wall cladding, a suspended ceiling, fluorescent light panels and down lights. The premises also benefit from an air conditioning unit. The premises comprise approximately 61.5m (662ft) and include the main store area as well as a store room plus toilet. There is an exit from the rear of the premises leading to a gated yard with access to a rear service road.

Outside

The premises are protected to the front by electric and manual roller shutters. There is lay by parking to the front of the premises.

Staffing

One full time and one part time owner.

Fixtures & Fittings

A schedule of fixtures and fittings will be made available for prospective buyers.

Price

135,000 for the long leasehold premises, goodwill, fixtures and fittings plus SAV.

Energy Performance Report.

EPC & Report available to view in office.

 
 

[PRFLID:26109] [CMPID:161] [FRMTeID:] [MiUITID:1] [MiID:138922] [PdUITID:1]

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