Hall Lane News Liverpool

Hall Lane News Liverpool

LEASEHOLD ASKING PRICE : £ 99,950 Rent £ 15,000 per annum.

AT A GLANCE

  • Weekly sales circa £ 6,000 excl. services
  • Evri Parcels averaging £ 500 per month
  • Free parking to the side and the front of the store
  • Relied upon by the local community
  • Minimum 30% GP so high NP
  • NO Promotions as NO immediate competition
  • Currently NO alcohol so HUGE scope to increase sales
  • Room to extend shop
  • Energy Rating D

A long-established leasehold convenience store located in a huge residential area with NO immediate competition. A rare opportunity to acquire a longstanding off licence and convenience store after the current owner has decided to retire after 40 years. No promotions are needed as there is no competition and a huge school directly across the road.
This site has space for storage in the back of the property or to extend the shop and secure parking to the front and side. The site is partly opened at owners will, so it has huge potential to increase sales with new management and extending hours.
This would be ideal as a family run store, or it would suit a hand's on multi store operator.

LOCATION

This property is on a busy road in Liverpool, facing a school. The site benefits from being surrounded by a huge residential area and the shop could go from strength to strength.

INTERNAL DETAILS

The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including tobacco, confectionery, and general items of convenience. The vendor is ready to retire so has paid no attention to running this business to its best potential therefore this business is lacking attention to detail. This business has PayPoint & PayZone.

External Details

The business benefits from having free parking to the front and side of the store for customer use.

FIXTURES & FITTINGS

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

THE OPPORTUNITY

This local convenience store is relied upon by the local community. This business is fitted to a good standard and is being offered on a leasehold basis. The current owner has decided to divert his attention to retiring and enjoying life after running the site for 40 years. There is huge potential for increasing sales by good management and a new hands-on operator. The site could add lots of new items to the business, such as Lottery, hot food, hot drinks and even the Post Office have approached them to install the Post Office counter. This opportunity has been missed by the current operator as he wants to spend his time with his family and enjoying retirement. This is an opportunity NOT to be missed.

TRADING INFORMATION

Trading information shows average weekly sale of circa £6,000 per week.

TRADING HOURS

Monday to Sunday 09:00 - 21:00 (No alcohol license atm)

BUSINESS RATES

The current owner has advised that the store benefits from small business relief 100% discount. Purchasers however should make their own enquiries with the relevant local authority.

VIEWING

No direct approach may be made to the property. For an appointment to view please contact the agent.