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Well Established Convenience Store Business

Chorley, Lancashire

  • Asking Price: £13,000 +SAV
  • Turnover: The business reported an annual turnover of £120,000, with a gross profit of £36,000.

    Please quote reference B05556

  • Tenure: Leasehold

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Please quote reference B05556

Hilton Smythe welcomes to the market Rainbow Stores, Eaves Lane, Chorley. This fabulous convenience store and off licence is in an ideal trading position serving the local community. The business has recently been closed but is ideal for somebody who is looking to start out.

The store also offered a Hermes parcel collect and send service which is commission based, there is scope to add more delivery services should the buyer desire.

There is also plenty of scope to increase revenue, such as opening longer hours, adding news sales, offering a news delivery and embarking on modern marketing schemes. 

Reasons to buy:

  • Excellent area, providing ample footfall
  • Low overheads
  • Scope for expansion
  • Newly renovated
Viewings are by appointment only and to be arranged via Hilton Smythe.

The Business was trading Monday-Friday 7am to 9pm, Saturday and Sunday 8am-9pm

Rainbow Stores is located on Eaves Lane, Chorley.

The business is surrounded by a wealth of complimentary shops and businesses which benefit from a high volume of footfall and passing trade. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the business.

The area is also well served by the A-roads, being within easy driving distance which link to the M61/M6 motorway network.

Large double fronted store.

Through the entrance of the shop is the retail shop, with a storage room and wc at the rear of the shop.

Equipment included in the sale comprises of:

  • Large perimeter display fridges.
  • The business is secured with a metal roller shutter and CCTV system.
The premises are circa 126sqm.

Tenure
Leasehold - annual rent of £14,000.

Landlord is happy to grant a new 10 year lease

The business further benefits from being rates exempt.

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