Hilton Smythe would like to introduce to the market Hardys General Store. In a prime trading position within a busy residential estate and being the only convenience store in the vicinity this profitable concern is a fantastic business opportunity.
Established in the 1930's and managed by our client since 2000 and genuinely offered for sale as our client looks towards retirement. Hardy's offers a wide range of convenience items including a good selection of grocery items, newspapers, magazines, sweets, confectionary, alcohol, frozen foods, tobacco, soft drinks, pet food and sandwiches to name just a few.
Hardys generates further income from lottery sales, installed just four months ago and already generating sales of around £1000 per week. The store also offers a parcel service, paypoint and pay zone service for customers.
Furthermore, the business benefits from a self contained 3 bedroomed flat above the store. Currently the flat is let out to generate additional revenue or the space could be utilised as owner's accommodation.
This thriving business has the potential to extend further stock lines as there is a large secure compound area to the rear of the premises perfect for an extension subject to the relevant planning permission.
Our clients complete refit the store around 3 years ago and the store is now light and airy with good signage making this an ideal walk in trading opportunity for the right purchaser.
TENUREWe are advised Freehold.
HOURSThe store currently opens:-
Monday to Saturday 7.00am to 9.00pm
Sunday 8.00am to 9.00pm
STAFFThe business is owner run and managed with the assistance of 4 members of staff.
FINANCIAL PROFILEThis thriving business reports a healthy turnover of over £451,000 per annum with reported gross profit of just over £75,000 per annum.
The business is located in Edwinstowe, a village in the heart of Sherwood Forrest in Nottinghamshire.
The business is to be found on First Avenue, in the centre of a housing estate serving this heavily populated residential area.
The nearest main town is Mansfield with excellent public transport links with its own railway station and plans for a new bus terminal are in progress to replace the very busy bus terminal in the town centre.
Sherwood Forrest is a popular tourist area, with the Forestry Commission generating interest by managing the many walks and trails, bringing around 500,000 visitors to the region each year.
Edwinstowe straddles the A6075 and is close to the popular Centre Parcs holiday park. There is good road access with both the A1 and M1 motorway within close proximity.
This double fronted detached corner premises briefly comprises:-
Ground floor retail area with double door freezer, large chest display freezer, 2 central display aisles, 3 section open chiller, 4 section open chiller, 3 tier ice cream freezer, magazine and newspaper display unit and counter with 2 EPOS tills.
To the rear is the stock room with display chest freezer, fridge and shelving around the perimeter. Staff toilets and kitchenette area are also at the rear of the premises.
The premises further benefits from a cellar which is a large room, fully shelved with access from the stairs in the stock room or external door down steps to the rear compound area.
The owners accommodation briefly comprises:-
3 double bedrooms, lounge, kitchen/diner, bathroom all leading from the large hallway. Access is via both internal and external staircases.
To the rear of the premises is a large compound, fully secure with double gated vehicle access.
There is a garden area to the side elevation and to the front is ample street parking.