For Sale
Well Established Convenience Store For Sale
Wirral, Merseyside
- Asking Price: £89,999 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07773
CoGoGo are pleased to have been given the opportunity to manage the sale of The Village Shop which is a well established General Convenience store with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
There has been a grocery type business at these premises for nearly 100 years and the current owner have run it successfully and lucratively since 2022. It has become a much loved business within the community, building up an excellent reputation.
The Village Shop has now come to the market due to our clients desire to move on.
The Village Shop is extremely well stocked and offers a wide range of product including:
- Tobacco and vaping products
- Confectionery
- Newspapers and magazines
- Bramble Foods with award winning jam, chutneys, and marmalade’s
- Snowdonia Cheeses with award winning Black Bomber Hogans Sausages
- Fresh fruit and vegetables
- Chilled soft drinks
- General groceries
- Frozen foods
- Ice creams from Cheshire Farm
- Crisps and snacks
- Household Goods
- Greeting cards and Wrapping Papers
- Stationery
- A well established business with an enviable reputation and loads of existing customers
- No competition locally
- Prime trading position in the centre of a densely populated residential area
- Low running costs with inexpensive rent and no business rates
- Current owners happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- Advertising and marketing campaign
- Extend the opening hours
- Apply for an alcohol licence, there is demand in the area for beers, wines and spirits
- Install a Paypoint/ Payzone terminal
- Consider additional income generators such as parcel services and dry cleaning agency etc.
We are advised that the business is run and managed by our client.
The current trading hours are -
Monday to Wednesday - 8:00am - 3:00pm
Thursday to Friday - 8:00am - 5:00pm
Saturday - 8:00am - 1:00pm
Sunday - 8:00am - 12:30pm
The Village Shop is located on Village Road in Heswall, Wirral.
Due to its corner position, the business receives good levels of footfall and passing trade.
There is ample free parking immediately outside.
Ground floor premises, windows and glazed door to front creating a light, airy and inviting interior, suspended ceiling with concealed lighting, carpet flooring, perimeter shelving, stationery shelving, glass fronted drinks chiller, glass fronted cheese & meats chiller, Lotto stand, magazine and newspaper racking, bespoke greeting card racking with wrapping paper beneath, revolving card carousels, counter with wrapping area and till.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £8,000 per annum.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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