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Established Convenience Store/off Licence - Wales For Sale

Connah's Quay, Flintshire
Freehold Price:
£150,000 Furniture / Fixtures included
Lease Asking Price:
£40,000 Furniture / Fixtures included
Sales Revenue:
£248,688
Cash Flow:
£14,215

Established Since 1993
Accounts To 31st May 2017
Annual Turnover £248,688 (Audited)
Gross Profit £34,023 (Audited)
Accounts Available After Viewing
Free Parking Directly Outside
Relocation Sale
EPC - E

REF 6092 – Leasehold/Freehold Convenience Store & Off Licence

Blacks Brokers are proud to bring to the market this leasehold or freehold convenience store & off licence located in a busy and sought-after residential area of Hawarden, Clwyd.

INTRODUCTION

Level Stores has been trading on Level Road for over 25 years, with our client in ownership since 2016. The business offers a wide range of convenience and off licence products and over it’s impressive trading history, it has firmly established itself within the local community and gained a large customer base.

LOCATION

This area of Clwyd is well linked by the A55 and A494 and the business is situated on Level Road and just off Wood Lane, the business is one of two shops in this area - the other being a florist. This trading position is on the edge of a densely populated residential development with other residential estates close by. There are also a large number of office properties on Hawarden Highway off Wood Lane & in the St Davids area of Hawarden. Parking is available immediately outside the property and in the surrounding area and public transport links are good.

REASON FOR SALE

Level Stores is only being offered for sale due to our client’s relocation.

LEASE

This is ideally a freehold proposition, however – if leasehold preferred a new lease will be fully negotiated with our client and will run at a cost of £231 per week.

BUILDING LAYOUT AND DESIGN

Level Stores is housed within a single storey, semi-detached retail unit. The shop is very well branded with standard “Premier” signage displayed above a mainly glazed frontage.
Inside, the main retail area is well presented, with tiled flooring throughout and stock displayed on wall shelving, central gondolas creating aisles and display fridges where required.
The counter and tilling system is positioned to the front of the shop with cigarette gantry behind and CCTV is in place throughout. To the rear of the unit is a large storeroom and staff toilet with an enclosed rear yard housing the shops recycling point.
All areas are presented well with good quality fixtures and fittings in place.

STAFF

Level Stores is currently operating with one member of part-time staff in addition to our client working on a full time basis.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Level Stores has traded solidly over its trading history. The business generates an annual turnover of £248,688 with gross profits of £34,023.
This includes: Payzone generating around £200 per week. National Lottery & Scratchcard sales also around £200 per week. Parcel Service brings £45-£50 per week and newspapers are delivered at a cost of £1.40 to the customer.

SUMMARY

This business is very well-established and well-renowned in this area. It is available on either a freehold or leasehold option and generates consistent takings year-round. There is plenty of scope to develop the business further with longer opening hours and a good marketing drive in the local area.
The business is currently part of shop local “Premier” as mentioned above, however, it is not in contract allowing a new owner can change the business name should they wish to so.

This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.

Early viewings are strongly advised.

Property information

Property:

Available as freehold and leasehold

Business Operation

Trading hours:

MON - SAT: 06:00 - 20:00
SUN: 06:30 - 19:00

Other Information

Leasehold asking price:
£40,000 - Furniture / Fixtures included

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