Retail premises for sale in Witney, Oxon OX28

Retail premises for sale
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Property description

Business for sale:

We are delighted to offer this thriving convenience store located in this popular Oxfordshire location which is approximately 12 miles from Oxford.

The business is independently owned and has enjoyed an uplift in sales since the current owner has taken over. It is staff run and has further potential for growth. It is a great location with good footfall surrounded by a range of independent and national brand businesses. It is located in the heart of this popular Cotswold Oxfordshire town which is accessible from good road and rail links. It is surrounded by bars, cafes and retail shops which draws in a good footfall. The premises are of a good size and benefit from a good window display with doors opening to the main store, which has an abundance of space with fitted and freestanding shelving that houses newspapers, magazines, confectionery, groceries, cold food and dairy products. It also has stairs leading to the first floor which has a good storeroom, kitchen and WC facilities. Outside it has a space for delivery and 2 secure parking spaces which are available to rent.

An established business operated by an independent operator, operating as a convenience store/newsagent retailing newspapers, magazines, books, groceries, drinks and confectionery. It also benefits from a Lottery Terminal and has enjoyed an uplift in the last few months from being well run and increasing newspaper and tobacco sales. The premises is also licensed to sell alcohol. Open 7 days a week: Monday to Saturday 7.00 am to 6.00 pm and Sunday 7.00 am to 4.00 pm.

The vendor informs us that since they have taken over in September 2020, average weekly sales are 9k to 10k per week excluding VAT. Epos readouts are available for serious enquiries who sign an nda. Staff: Manager 9.00 per hour x 50 hours per week, 1 Sales Assistant 8.75 x 30 hours per week, 1 Sales Assistant 8.87 x 30 hours per week.

Leasehold with a current rent of approx. 25,000 Plus VAT.

Price: 55,000 for the benefit of the Leasehold, Goodwill, Fixtures, Fittings and Equipment (according to inventory) plus stock at valuation.

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For more information about this property, please contact
Everett Masson & Furby, WC1A on +44 20 8033 1494 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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