Established Convenience Store in Staffordshire For Sale in Endon- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is pleased to offer for sale this busy convenience store, which was established in 1970 and has been operated by our clients since 2004. The business is only now offered for sale due to our clients' wish to retire. The substantial property boasts large sales areas and there are also two 2-bedroom flats above, which are currently used as owners' accommodation and which have the potential to be let out to create further income. The business currently trades 7 days per week and generates a turnover in the region of £676,000 per annum with a gross profit of 25%. Endon Stores stocks a wide range of convenience items including magazines, newspapers, confectionery, cigarettes, alcohol and offers a variety of groceries such as cooked meats, fresh pies and frozen food. Our clients also manage a large number of newspaper delivery rounds and offer DVD rentals, Pay Point facilities and Lotto tickets. We feel the business could be further expanded by offering a local delivery option for groceries and the new owner could, if desired, extend the opening hours into the evening. The business could benefit from a modest marketing campaign to include a web site with information on location, opening hours, contact details and available provisions. This is an ideal opportunity to acquire a thriving general store with living accommodation in such a popular area. Early viewing and negotiations with Preferred Commercial are strongly recommended.

Property Information

	Property:	Leasehold

	Lease Terms:	Leasehold Original length 10 years Remaining: 10 years Review: every 3 years Rent: £10,000 per annum

	Current Rent:	£10,000 per annum

	Living Accommodation:	Yes

	Details of Accommodation:	Substantial detached retail premises with parking forecourt, window canopies, new signage, 16-camera CCTV system and 2 x 2-bedroom flats. Briefly comprising: Ground Floor Large shop with • Serving counter with lottery scratch card display, 2 serving positions with EPOS cash registers and tobacco gantry to rear • 6-foot pastry chiller display to the side of the serving counter with kitchen area to rear, microwave oven, meat slicer, oven, stainless steel sink unit, stainless steel work areas and 3-tier ice cream freezer • Sales area with 8-foot magazine display, 1-metre newspaper stand, central shelving for grocery display, shelving to perimeter walls, 4-foot open drinks chiller, 2-metre open chiller, 'Bake and Bite' display, greeting cards spinner, crisp display stand, 8-foot dairy chiller, bagged sweet display, DVD rental display, Lotto stand, 2 x chest freezers • Alcohol display section with 3 x double chillers • 2 x store rooms to the rear with 3 x chillers and 2 x freezers • Kitchenette • WC First Floor The accommodation is laid out as 2 x 2-bedroom self-contained flats which are currently being used by our clients as 1 large flat. Comprising: • Lounge with carpeted flooring and feature fireplace with gas fire • Dining room with laminate flooring • Office - originally single bedroom • Single bedroom • 2 x double bedrooms • 2 x bathrooms with bath, wash basin and WC • 2 x kitchens with wall and base units, gas oven, stainless steel sink unit, ceiling spotlights External • Parking forecourt • Enclosed rear garden with pond and shed • Double garage

	Location:	Endon Stores is ideally located within a densely populated residential area in Endon, which is lies between Leek and Stoke-on-Trent, Staffordshire. The detached, double fronted property boasts a car park to the front suitable for approximately 8 cars and is set close to the busy A53. There are a number of amenities in the area including 2 schools and the local bus route is within easy walking distance. Endon is a popular residential village, which continues to practice the ancient traditions of 'Well Dressing' and 'Tossing The Sheaf'. The A53 leads towards Leek, approximately 4 miles to the east, and Stoke-on-Trent, approximately 4 miles to the south west. Junction 15 of the M6 motorway is 10 miles to the south west.

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 & Tues: 7.00am to 7.00pm
Wed: 7.00am to 7.30pm
Thurs: 7.00am to 7.00pm
Fri & Sat: 7.00am to 7.30pm
Sun: 8.00am to 7.00pm

Energy Performance Certificate

View Energy Performance Certicate

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