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Well Established Convenience Store In Meath For Sale

Clonee, Meath, Ireland
Asking Price:
€45,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€100K - €250K
Net Profit:
€50K - €100K

It is an established newsagent and convenience store with a rapidly growing reputation amongst local residents. This is a superb opportunity to take on a local business in an area teeming with customers which offers considerable growth potential for a new owner.

It has been run by the current owner for the last 3 years or so and has enjoyed higher turnover previously. The business is now being sold, albeit reluctantly only because of the owners need to relocate, she is keen to see her grocery business pass to an ambitious and entrepreneurial new owner who can take it to the next level

Store stocks a range of convenience items including:
Confectionery, drinks, minerals, Ice cream & milk
Newspapers, magazines, Cards, Stationery
Crisps and snacks
Household items
Tobacco and Vaping products
Rice, noodles and grains
Frozen Seafood
Frozen Pastries
International grocery items
Printing and Scanning
Reasons to Buy
Prime trading position with lots of footfall
Low running costs with inexpensive and no business rates
Priced to facilitate a quick sale
Ideal owner managed or partnership business
Would suit experienced newsagent business owner
All fixtures and fittings included making this a real Turnkey business
A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit
Premises
The business occupies the ground floor of an inner terraced retail unit and briefly comprises

Shop
Window and glazed door to front creating a light, airy and inviting interior, suspended ceiling with energy saving LED lighting, bespoke counter with generous wrapping area and confectionery shelving to front, freestanding display, coffee machine station, glass fronted drinks chiller, open dairy/ drinks chiller, new perimeter shelving, hanging display space, new food freezers, onsite portakabin facility for additional storage , POS system and computer unit, Printer and scanner

WC: With close single toilet and hand wash basin.

Tenure
Leasehold. The existing lease has now expires in Dec 2028 however we understand that addendum to the lease by the Landlords & Tenants Act 1954 will be offered to suitable purchasers.

Rent Payable
£16,800 per annum.
Purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or grant of new lease.

Rates Payable
EUR 3,510 per annum - The business currently enjoys Small Business Rates Relief.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

PRICE
EUR 40,000 For the benefit of the goodwill, fixtures, fittings & equipment. Stock is payable in addition on completion at valuation. This is a business for sale as a going concern.

Hours :The business trading hours are as followed: Monday to Sunday - 8:00am - 8:00pm

Staff :The business is ran and managed by 2 full time members of staff.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

10 years

Leasehold Rent:

€16,800 per annum

Location:

Main Street Clonee

Premises Details:

It is an established newsagent and convenience store with a rapidly growing reputation amongst local residents. This is a superb opportunity to take on a local business in an area teeming with customers which offers considerable growth potential for a new owner.

It has been run by the current owner for the last 3 years or so and has enjoyed higher turnover previously. The business is now being sold, albeit reluctantly only because of the owners need to relocate, she is keen to see her grocery business pass to an ambitious and entrepreneurial new owner who can take it to the next level

Store stocks a range of convenience items including:
Confectionery, drinks, minerals, Ice cream & milk
Newspapers, magazines, Cards, Stationery
Crisps and snacks
Household items
Tobacco and Vaping products
Rice, noodles and grains
Frozen Seafood
Frozen Pastries
International grocery items
Printing and Scanning

Window and glazed door to front creating a light, airy and inviting interior, suspended ceiling with energy saving LED lighting, bespoke counter with generous wrapping area and confectionery shelving to front, freestanding display, coffee machine station, glass fronted drinks chiller, open dairy/ drinks chiller, new perimeter shelving, hanging display space, new food freezers, onsite portakabin facility for additional storage , POS system and computer unit, Printer and scanner

Business Operation

Expansion Potential:

Prime trading position with lots of footfall
Low running costs with inexpensive and no business rates
Priced to facilitate a quick sale
Ideal owner managed or partnership business
Would suit experienced newsagent business owner
All fixtures and fittings included making this a real Turnkey business
A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit

Reasons for selling:

Planning to move country

Trading hours:

Monday to Sunday - 8:00am - 8:00pm

Employees:
2
Years established:
5

Other Information

Furniture / Fixtures value:
€15,000 - included in the asking price
Inventory / Stock value:
€35,000 - included in the asking price
Website:
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