Easily Managed and Busy East Kilbride Convenience Store 2598

Leasehold £29,000

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This is an excellent opportunity to acquire an easily managed and profitable convenience store with no local competition.

Located in the attractive Calderwood area of East Kilbride the shop forms part of a parade of independent businesses which is very much the focus of the local area.

Good margins from a mix of fresh and frozen food, soft drinks, newspapers,cigarettes together with revenue from the lottery, cash machine and as an agents for UPS and DHL couriers.

Low rent and no rates make this an ideal owner managed business

Business, leasehold interest, equipment, fixtures and fittings for sale at offers over £29,000 plus stock at valuation.


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Type of business
Established for over 40 years this is an excellent opportunity to acquire this popular convenience store with no nearby competition. Located in the attractive Calderwood area of East Kilbride this is a traditional densely populated residential area near several schools and the local sports centre. In addition to the usual food and convenience goods sales the shop also has the National Lottery and acts as an agent for UPS and DHL couriers. The shop is well equipped with large chilled and frozen food display cabinets, coffee machine, cash machine and ample shelving.
Opening hours
Opening hours are 7am - 5pm 7 days. Allowed to open until 10pm if desired.
Staff
Run by the Owner
Tenure
Leasehold. Rent £625 plus VAT per month. Lease runs until 2025 but maybe extended. Ratable value £5,600. The premises qualify for 100% rates relief so no rates are payable.
Premises
The premises are situated on Maxwellton Avenue in a small parade of independent businesses which form the local shopping destination. With no other convenience stores nearby the shop has better than average margins. The unit is 51m2 (538sqft) with additional secure outside storage and bin area. In addition to the main retail area there is a large store room and staff toilet.