• The Wye, Daventry, NN11

The Wye, Daventry, NN11

Commercial
Available OIRO £400,000
Find out more:0333 121 4950
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Property Description

Amazing opportunity to purchase a well established freehold convenience store in Daventry Northamptonshire. Stores like this do not come onto the market often. Be quick to view!

Will be of particular interest to cash buyers/investors.

Freehold 24 hour Alcohol license Premier Express Store with full planning permission to extend store and build 1 or 2 apartments above store.

All fixtures and fittings included in sale. 

(Refridgeration/Freezers extra unless full asking price met)


Stock at valuation.
Fully refurbished to Booker Premier Standards last year and has been featured in all trade publications being a flagship store of Booker Plc wholesalers.

Full 24 hour off license 365 days.
Full lottery
Full Paypoint
ATM
News/Magazines
Groceries/Frozen/chilled/fruit & veg etc
Turnover Increasing year on year.
Trading since 2011
Very low overheads -no business rates
Profit margin on all goods not below 20%
Tobacco 40% / Groceries 60%
All stock delivered to store.
Low maintenance.
Monthly supermarket beating/equal offers.
Brand new A rated remote chillers.
Brand new freezers.
Brand new LED lit facia on all sides of store.
Brand new shop front.
Full 24 camera remote CCTV.
Highest level ADT security system.

New 750 capacity college and 160 new houses being build right behind store due to complete Autumn next year. Plus another development on old care home maybe used for housing in near future.Situated in 70's housing estate with circa 2k homes in half mile radius. Also has current college still supplying footfall during day until relocated to new building.

Potential to expand into fast food / takeaway and use the full 24 hour license which is currently not being used.
Only store in town with a 24 Hour license.
Local community based store with 99% repeat loyal custom due to involvement in community such as sponsorship of football team.
Over 1k followers on Facebook.
Only Premier store in whole of the town.
Current contract with Booker Premier expires next year so free to change symbol group or extend contract.

Full planning permission to extend store to include more selling space, store room, kitchen area and 1 or 2 flats above flat roof shop. Rental value of 600 pcm per flat or use as live in area.

Planning > Search Criteria > Search Results > Application Details

Planning Application Details

Reference Number:DA/2014/0124
Registration Date:07-Feb-2014
Application Type:FULL PLANNING
Parish:Drayton
Ward:DRAYTON
Main Location:
This application has already been decided. You cannot comment on it

Case Officer:M Baynham
Proposal:Single storey extension to shop and first floor extension to form residential flat. Raising height of boundary wall.
Decision:Approval Full
Decision Date:14-Mar-2014
Appeal Lodged Date:
Appeal Decision:
Appeal Decision Date:

http://m.daventryexpress.co.uk/news/local/building-work-starts-for-new-13-million-college-in-daventry-1-7047265
http://m.northamptonchron.co.uk/news/local/daventry-college-homes-plan-approved-by-council-1-6829341


• Personal reasons for sale nothing to do with business profitability, very reluctant sale.
• Full accounts available
• Full Freehold substantial site.
• NO visits to be made to store without prior agreement.