For Sale

Substantial Convenience Store with Accommodation

Mexborough, South Yorkshire

£45,995 +SAV

Ref: B05377

Contact sales negotiator

Sarah Moores

01204556309

Email Sarah Moores

Share this property
Share

Description

Hilton Smythe welcomes to the market Go Local Extra in Mexborough Doncaster.

The business has been owned by the current vendor for over three years in which time it has built up a strong and loyal customer following and which due to family commitments this rare and exciting opportunity has now become available.

The premise was fully refurbished to a high standard three years ago and is truly a turn-key business opportunity for the new owner, the business currently sells a wide range of convenience store essentials including a good range of beers wines and spirits generating a significant turnover which could easily be increased by introducing new lines and tweaking the food offering further, adding a local delivery service and extending the opening hours to later in the evening.

This exciting opportunity would suit either an established operator looking for an additional business or an individual or partnership looking for a new business opportunity with the added benefit of spacious accommodation to the rear of the site widening the appeal of this opportunity to families.

The business is located in what was formerly a pub and has additional space which could be utilised to include additional business opportunities within the store.

Situated in a busy residential area with plenty of footfall this represents an excellent opportunity within this sector of the market for with very affordable in-going and running costs.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £13,000 per annum with 16 years remaining on the current 20 Year Lease.


Hours

The opening hours are currently:-

7.00am to 9.00pm Monday to Saturday
8.00am to 9.00pm Sunday



Staff

The business is currently run under management with the assistance of 4 x part time staff.


Financial Profile

We are advised the business is turning over in the region of £430,000 per annum producing very attractive returns.

There are currently no business rates payable.

Location

Situated along Park Road just north of the town centre in the sought-after and popular trading location of Mexborough, Doncaster.

The business is easily accessible on foot and by all modes of transport being just a short stroll from the nearest bus stop with plenty of free parking surrounding the site within the residential area.

The business also has the benefit of vendor and customer parking to the side and rear of the property.

Premises

Converted public house which has undergone significant investment and is in first class condition.

Main trading area with service counter, fridge, freezers & display carousels, deep freeze units, separate kitchen, office and WC.

To the rear of the site is an apartment incorporating a kitchen diner, double bedroom and living room.

Customer and vendor parking for numerous vehicles located to the side and rear of the site.

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]