Status: Completed
Tenure: Freehold
Turnover: £527,000
Highly Profitable Convenience Store in Affluent Area for SaleHighly Profitable Convenience Store in Affluent Area for SaleHighly Profitable Convenience Store in Affluent Area for SaleHighly Profitable Convenience Store in Affluent Area for SaleHighly Profitable Convenience Store in Affluent Area for Sale
Price Reduced
£599,950

Highly Profitable Convenience Store in Affluent Area for Sale

Completed
  • Reference: 1800
  • Location: Sherborne, Dorset
Hilton Smythe is delighted to introduce to the market JJ Stores. This popular convenience store is highly profitable due to its fantastic trading position within this vibrant community and is very well supported by the local residents with a monopoly trading location.

The store operates under the nationally recognised Premier brand and stocks a wide range of everyday items including newspapers, sweets, cigarettes, fresh, frozen convenience items, toys and stationery to name just a few. The store is also licensed to retail alcohol and has a widely used Paypoint and popular Lottery terminal.

The store is very well laid out, fully fitted to suit the trade and is very well lit. We believe there is the possibility to approach the Post Office to extend the business to a community post office which could prove lucrative if successful.

In addition, there is a fabulous 4 bedroom living accommodation, immaculately maintained with stylish decor throughout and the added benefit of a large secure garden. With excellent schools in the vicinity this is ideal for a family.

Naturally, early viewing of this rare blend of a lucrative business with outstanding accommodation in this desirable location is highly recommended.

TENURE

We are advised freehold.

HOURS

The business opens:-

Monday to Saturday 7.00am - 8.00pm
Sunday 9.00am - 1.00pm and 5.00pm - 8.00pm.

STAFF

The business is owner run and managed with the assistance of 5 members of staff.

FINANCIAL PROFILE

The business reports a fantastic turnover of £527,000 with gross profit at 20%.
The business is situated within a large residential area just on the outskirts of the historic town centre of Sherborne in Dorset.

This imposing detached premise sits within the heart of this affluent community, with a large reputable 1600 pupil comprehensive school and primary school within walking distance ensuring heavy footfall.

Sherborne is a market town, sited on the River Yeo between Yeovil to the west and Shaftesbury to the east connected via the A30. The town is steeped in history with many distinctive buildings including a manor house, ruins of a 12th century fortified palace and 16th century mansion. Much of the old town including the abbey is built from ochre coloured stone, adding to the charm of this delightful town. The town is served by its own railway station.
Detached very well maintained premise comprising:-

Shop
Large serving counter with Epos till system and National lottery terminal. Paypoint to pay by and pay utility bills. The shop is laid out into 2 walkways with 2 shelf/islands displaying the goods. There are 2 three door tall drinks chillers, 1 x 2.6m 6 shelf chiller cabinet. One large open chiller for beers, ciders, 2 double glass fronted freezers and an ice cream freezer.

There are 2 microwaves and a hot water boiler used by customers to warm foods up and make hot drinks.

The layout is of a very high standard and is recently refurbished. Well stocked and very well lit.

Cigarettes and high value spirits are securely located behind the counter in an ideal lockable cabinet.

The shop is fully air conditioned (2 main units and a back up unit).

There is also a recordable 8 camera CCTV system (includes one camera outside the main entrance). Although, we are advised this is a lovely safe area to live.

Store Room
A store room/stock handling area off the main shop. Racking/shelving. 2 chest freezers, 1 fridge/freezer. Separate staff toilets.

Wooden stairs to first floor office, purpose built by current owners, housing the CCTV system, desk and pc.

Outside the shop's entrance is a lockable paper bin.

Owner accommodation
Ground floor
Stylish lounge, carpeted with wooden fireplace. French windows open onto the conservatory and separate door to kitchen.

Beautiful spacious kitchen/diner fitted to a very high standard, wooden work surfaces, part tiled, overlooking the garden. New units, separate toilet/cloakroom.

Conservatory. This light and airy room is used as an extension to the lounge and overlooks the garden. Sliding French doors to patio area.

Large family garden. Patio around the building which leads to a grassed area with wooden gazebo and Large shed.

There are 4 bedrooms, 2 double, 1 single and 1 double with en-suite.

To the first floor is the family bathroom with bath shower combined, toilet, sink, tiled walls, laminate flooring and extractor fan.

Externally, the shop is branded 'Premier' distinctive and set back from the pavement. This is a quality premises and has 2 parking spaces off road. There is plenty of on-street parking.

The house can be accessed via a door in the shop or it has a separate entrance on the side of the building leading into a well appointed hall/stairs.

The house has been well looked after, well maintained and decorated. Spotlessly clean throughout, this is a gem.