Busy Freehold Convenience Store 2614

Freehold £198,000

This is an excellent opportunity to acquire a rarely available easily managed and profitable freehold convenience store.

Located in Gorebridge just to the south of Edinburgh the shop serves the south side of town with little local competition.

Modern recently refurbished freehold store and not subject to rates.

Good GP margin from a mix of fresh and frozen food, soft drinks, confectionary, cards, newspapers, cigarettes and alcohol.

Freehold property, business, equipment, fixtures and fittings for sale at offers over £198,000 plus stock at valuation.

Type of business
A rare opportunity, this is a very well established spacious freehold convenience store with an excellent main road location and little local competition. Located in the attractive town of Gorebridge just to the south of Edinburgh is a traditional well populated residential area with lots of new house building go on nearby. The shop is recently refurbished and is well equipped with large chilled and frozen food display cabinets and ample shelving.
Opening hours
Opening hours are 6am - 7.30pm Monday - Friday Until 7pm Saturday And 5pm Sunday.
Staff
The two owners run the shop with one full-time and 2 part-time staff.
Tenure
Freehold
Premises
The premises are situated on Hunterfield Road which forms part of the B704 which is the main road through Gorebridge. This spacious freehold property extends to 120m2 (1,267sqft) with very wide frontage onto the main road and ample unrestricted parking outside. In addition to the main retail area there is a store room and staff toilet.
Financial information
This profitable convenience store has net annual sales of £440,000. Stock at cost is between £15,000 - £20,000. Very low overheads make this a profitable owner managed business. Further financial information can be made available to serious interest parties after viewing.