Sold

Well Run & Performing Convenience Store

Plean, Stirling

£58,000 +SAV

Ref: B04859

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Description

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and performing, “turn key” mini supermarket store business with an excellent reputation.

The business has been placed on the open market as it’s our clients desire to leave to concentrate on other business interests.

Key Store has been operating under the careful and meticulous ownership of our client for over 10 years and who has grown the business year on year to an impressive level with turnover & net profit now at a consistently god level.

The business stocks a wide selection of convenience items from:

• Fresh produce
• Frozen foods
• Cigarettes
• Off sales
• Lottery sale
• Confectionary
• House hold items
• Greetings cards
• Novelty items
• News sheets
• Pay zone services
• Internal ATM machine

There is scope to increase turnover with additional opening hours along with the provision of a hot food service/takeaway/bakery and expanding some of the retail lines currently stocked along with the possible introduction of a Post Office Counter & paper delivery service.

The premises are in fantastic general condition and well maintained throughout, we feel that this is an excellent opportunity for a new owner to take this popular business to the next level.

A tremendous opportunity to own this turn key business, and early enquiries must come highly recommended to avoid disappointment

Tenure

Leasehold

We are advised that tenure is offered on a Leasehold basis

Current Lease 21 years with 9 years remaining

Rent £15,000 Per Annum

No Rates

Hours

Monday To Saturday: 6.30 am – 10.00 pm
Sunday: 8.00 am – 6.00 pm

Staff

The business is currently run by a husband and wife team along with 4 part time staff

Financial Profile

The business has reported a turnover in the region of £542,640 per annum with a Net profit of £50,344.

Location

The business is located on Plean Main Street in a busy and prominent trading location, resulting in impressive levels of passing trade and repeat customers due to being located in a popular residential area.

The village of Plean is situated approximately 5 miles south east of Stirling and located on the main A9 road from Falkirk.

Premises

The business occupies a substantial corner shop retail premises and benefits from excellent signage to the exterior.

Main store

• Fitted to a very good, modern standard
• Bright and clean
• Large, modern, service counter
• Electronic till point
• Cigarette & alcohol gantry
• Possible provision for a Post Office counter
• Benefits from large centre display units running almost the full length of the shop
• Freezer units to compliment the perimeter shelving & racking display units
• Good selection of fitted refrigeration units.

To the rear of the premises

• Office
• Large storage area with shelving
• Toilet facilities
• Kitchen area

The store also benefits from CCTV, Alarm System and roller shutters to the front of the premises.

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