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Asking Price
£599,000
Description
Situated on a busy main road, this impressive business and grounds prominently occupies a major corner position in a pleasant and affluent suburb of stoke on trent. there is excellent free customer parking immediately to the front of the shop and road.
description:
this recently refitted and exceptionally well presented air-conditioned lock-up shop benefits from its unopposed position and a beautifully renovated and decorated self contained 5 bedroom house, which is occupied by the vendors themselves. the business, fully managed and currently a 'spar' shop, is very well established and has been operated by the current owners since 2002.
the shop floor space is approx (tbc) with excellent storage facilities, kitchen area and w.c to the rear, and benefits from a 2 position epos system which generates sales reports as and when required by the vendor or manager. the business offers local residents, nearby businesses and passing trade a wide selection of products which include:
 lottery (online & instant)
 confectionery & crisps
 tobacco
 filled sandwiches
 greeting cards
 milk & dairy products
 bread & biscuits
 beers wines & spirits
 frozen foods & ice cream
 fruit & vegetables
 payzone & e-topup
 magazines & newspapers (counter sales only
the average stated takings are split as below:
 groceries - £14,000pw
 lottery - £ 3,500pw
 payzone - £ 6,000pw
accounts for period ended march 2007 show net sales of £1,114,822 including lottery & payzone. current gross profit is currently stated to be approx 19.4% on groceries alone.
from these accounts em&f have calculated an anp (adjusted net profit) of £74,410 for a
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