Property description
Family Run Business for over 13 years with turnover in excess of £200,000 per annum mainly taken from tobacco, newspapers and general convenience products. The property comes with License to sell alcohol making it a perfect opportunity for a first time business venture or to add to current chain of newsagents. Its set in the prime residential location of Claines making it the local shop for many, creating lots of repeat customer spend. The current owners are offering this property for sale with a genuine reason for Sale.
Tenure
We have been advised the property is Freehold.
Residential Rental YIELD
Using the value of the Two Bedroom Apartment, it could offer a potential YIELD of approximately 6% in the current market.
Turnover and Profits
These are available on request in the Michael Tuck office.
Shop Floor
Entered via Metal Single Glazed Door. Metal Shelving throughout. Includes Tobacco Store, Two Drinks Fridges, Two Chest Freezers for Ice Creams, Lottery Stand, Counter with Till Point and Lottery Till. Access to Storage.
Storage
Wooden Shelving for Stock. Door leading to Office and Residential Apartment.
Office
UPVC Opaque Side Aspect Double Glazed Window, UPVC Rear Aspect Double Glazed Window. Base and Wall Mounted Cupboards with Work Surface Over with inset Stainless Steel Sink with Drainer. Access to Storage Cupboard and Wooden Single Glazed Door Leading to Rear Garden.
Store
Entered via Wooden Single Glazed Door. Wooden Shelving for Stock. Access to Front of Property via Wooden Sliding Door.
Outside WC
Accessed via Wooden Door. Low Level WC and Electric Tube Heater.
Entrance Hall
Entered via UPVC Opaque Double Glazed Door. Stairs Leading to First Floor and Door leading to Commercial Property.
First Floor Landing
UPVC Side Aspect Double Glazed Window. Doors leading to Kitchen/Diner, Lounge, Bathroom and Bedroom Two. Stairs leading to Master Bedroom.
Kitchen/Diner
UPVC Front Aspect Double Glazed Window. Base and Wall Mounted Cupboards with work surface over with inset Stainless Steel Sink with Drainer. Space for Freestanding Gas Cooker, Under-counter Fridge/Freezer. Includes Integrated Cooker Hood, tiled splash-back, Baxi Boiler and Breakfast Bar.
Lounge
UPVC Front Aspect Double Glazed Window.
Family Bathroom
UPVC Opaque Side Aspect Double Glazed Window. Low Level WC, Pedestal Hand Wash Basin, Bath with Electric Shower Over and Extractor Fan. Access to Airing Cupboard.
Bedroom Two
UPVC Rear Aspect Double Glazed Bay Window. Ceiling Mounted Electric Fan.
Master Bedroom
Accessed via Staircase. Two UPVC Front Aspect Double Glazed Velux Style Windows. One UPVC Rear Aspect Double Glazed Velux Style Window. One Metal Single Glazed Fire Hatch/Window. Access to Storage in Eves and Loft Space. Door leading to EnSuite.
EnSuite
UPVC Rear Aspect Double Glazed Velux Style Window. Low Level WC, Pedestal Hand Wash Basin with tiled splash-back, Corner Shower Cubicle with Electric Shower over and Extractor Fan. Access to Storage Eve.
Front
Tarmac Front with Off Road Parking for Multiple Vehicles. Access to both Residential and Commercial Property.
Rear Garden
Access to Outside WC and Store for Commercial Property. Block Paved Garden with Staggered Steps to Rear. Potted Plants and Shrubbery. Outside Tap.
Property Features :
- Convenience Store Investment
- 2 Bed Apartment Above
- Current Sales Forecast: £200,000 per annum approx
- 825.52 SqFt of Commercial Space
- Off Licence Granted
Property Info: