Unique Village Location Convenience Store
- Asking Price: £60,000 +SAV
- Turnover: The business reports a yearly turnover of £123,288 with gross profit at £28,608.
- Tenure: Freehold
Hilton Smythe is delighted to introduce to the market Pauline’s General Store. The business operates from a charming timber constructed building which has stood on the site since the 1950’s. Revenue is generated from a popular newspaper delivery round within the locality, with the store selling a range of goods including fruit and vegetables, greeting cards, sweets, grocery items, dairy produce, drinks and everyday essentials. We believe the store has the potential for growth, perhaps if the internal layout were reconfigured further shelving could be added and additional stock items could be introduced. In particular, if an alcohol license was to be attained or a lottery licence we believe this would have a great impact on revenue. Opening hours could also extended to take advantage of evening trade. Our client’s have run the business for over thirty years with and is very well supported and loved by the local residents. The business genuinely comes to the market as our clients look a well deserved retirement. This is a unique opportunity to acquire a successful rural convenience store in a lovely village setting.
The business is owner run and managed.
The business opens:- Monday to Friday 5.00am – 4.00pmSaturday and Sunday 5.00am – 12 midday.
The business is located in the charming village of Corby Glen in Lincolnshire. Pauline’s general store is situated in the heart of the village on Market Place, in close proximity to the local primary school, church and public house. This lovely village is steeped in history with several notable buildings including the Church of England Parish Church with parts dating back to the 12th century and housing a collection of 14th and 15th century murals. Although rural, Corby Glen is only around 9 miles from the market town of Grantham, with the A151 running through the village and connecting to the A1 a short drive away.
Charming timber constructed detached double fronted premise briefly comprising:- Retail area with central aisle with perimeter shelving and racking, fruit and vegetable display, freestanding card display, ice cream freezer, newspaper and magazine racks, upright drinks chiller, refrigerated serve over counter, small fridge, service counter with till and sweet display stand. To the rear of the shop is a small stock room, office, toilet facilities and rear door leading to the bin area. There is a forecourt frontage providing parking and side garden area. Road to one side of the property and frontage. A footpath allows access to the other side of the building.
We are advised freehold.