Convenience Store and Newsagents in Cambridgeshire For Sale in Somersham- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is pleased to offer for sale this thriving convenience store and newsagent business, which was established in 1980 and has been operated by our client since 2005. The business is only now offered for sale due to our client's other business commitments. The extensive property offers a large sales area and 2-bedroom flat above along with a substantial garage. Our client provides a wide range of convenience items and groceries including newspapers, magazines, bread, confectionery, alcohol and tobacco. National Lottery tickets are also available. The business generates a turnover in the region of £468,000 per annum with a gross profit of 24%. We have been advised our client has had planning permission granted to extend the shop premises into the garage area, which already has access from the current sales area. The new owner could increase turnover by extending the evening opening hours, re-introducing the newspaper rounds and by renting out the 2-bedroom flat, if desired. This is an ideal opportunity to acquire an already profitable business which has further potential for expansion. Early negotiations with Preferred Commercial are highly recommended.

Property Information

	Property:	Leasehold

	Lease Terms:	Leasehold Original length: 15 years Remaining: 15 years Review: every 3 years Rent: £17,000 per annum

	Current Rent:	£17,000 per annum

	Living Accommodation:	Yes

	Details of Accommodation:	3-storey premises with retail areas and 2-bedroom flat above. Briefly comprising: Ground Floor • Sales area racked and shelved to suit trade, 2-door drinks chiller, 1 door drinks chiller, open chiller, 5 x chest freezers, greeting card display racks, magazine and newspaper display racks, ATM, Lotto stand and central serving counter with confectionery display, electronic cash register and cigarette gantry to rear • Storage area • Kitchen with sink unit, 2 x refrigerators, freezer and microwave oven • Garage currently used for storage with shelving and racking First Floor • Lounge • Kitchen • Bathroom Second Floor • Bedroom 1 • Bedroom 2 External • Glazed frontage onto residential street with parking layby outside • Ample on-street car parking

	Location:	Windsor Green Stores occupies substantial premises ideally located within a densely populated residential area in Somersham, which is close to Huntingdon, Cambridgeshire. The business enjoys a monopoly trading position and benefits from ample free on-street car parking directly outside the premises. There is a local bus route around the housing estate and two schools in the vicinity. Somersham village has a range of shops and other amenities and is close to Huntingdon town, which is approximately 8 miles away. Cambridge and junction 14 of the M11 motorway are approximately 13 miles to the south.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon - Fri: 6.00am to 8.00pm
Sat: 7.00am to 8.00pm
Sun: 7.00am to 8.00pm

Energy Performance Certificate

View Energy Performance Certicate

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