For Sale

Convenience Store & Hot Food Takeaway

Ashbourne, Derbyshire

£299,950 +SAV

Ref: B04299

Contact sales negotiator

James Cunliffe

01204 556 300

Email James Cunliffe

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Description

Hilton Smythe welcomes to the market Pinecroft Stores.

This long-established business has been run by the same vendors for over 15 years becoming a hot spot for local trade servicing the surrounding community and beyond.

The business is laid out in a traditional local shop format with fridges and display counters situated around the perimeter of the site.

The shop stocks food and provisions to include:

• Newspapers and magazines
• Lottery
• Pay zone
• Hermes parcel collection
• A range of frozen foods
• Extensive wine and alcohol serving
• Tobacco
• Well-stocked range of confectionery
• Crisps
• Ice cream
• Essential hardware items
• Pharmaceutical products

The business offers the opportunity for a new operator to extend and diverse the food and provisions offering further product lines creating a more active web and online footprint as well as introducing local deliveries for the large residential population surrounding the site which is undergoing further regeneration.

The site also has the benefit of a hot food takeaway with a separate service counter and kitchen offering:

• Breakfasts
• Paninis
• Toasted sandwiches
• Burgers
• Filled rolls
• Tea and coffee

The property has the added benefit of three-bedroom first floor family accommodation, the current vendor has also obtained planning permission to extend the dwelling further giving the opportunity for the new owner to extend the shop and the living accommodation.

This is a rare and exciting opportunity for a new owner to take an established business with multiple income streams and take it to the next level, a turn key business opportunity with no surrounding competition and with a growing customer base.

Tenure

Freehold

We are advised the business is being offered on a freehold basis.

Hours

The convenience store opening hours are currently 6.30am to 7.30pm seven days a week.

The takeaway currently operates 8.30am to 2.00pm Monday to Saturday and 8.30am to 12.30pm on Sunday.

Staff

The business is run and managed by the current vendors with the assistance of 3 x part time staff.

Financial Profile

We are advised the business is currently turning over in the region of £185,000 per annum.

The rateable value of the premises is £2,700.

There are currently no rates payable on the business.

Location

The business is ideally situated just South of Asbourne in Derby off the Derby road and along Willow Meadow Road. The site has the benefit of on street parking to the front of the building as well as to the side and in amongst the residential dwellings. The premises are easily accessible on foot and by public transport.

Premises

Semi-detached dwelling located on the edge of a cul-de-sac.

Main trading area with service counter, display units, fridges & freezers shelving and racking.

Hot and cold food service kitchen with hatch, all stainless-steel preparation counters, oven, cookers and fridge units.

Storage area with additional freezer units and rear access.

To the first floor is three-bedroom accommodation, family bathroom, kitchen diner and lounge.

Garden and hard standing area which has planning permission to extend over.

The dwelling is being sold with the equipment necessary for the business to function in its current format.

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