Newly Fitted Convenience Store in Lincolnshire For Sale

Situated in a Parade, prominent trading position, residential, office and commercial area, Lincolnshire.

Turnover £ 2,000
Price £60,000

Features

Newly Fitted Convenience Store

SERVICE ROAD TO REAR
NEWLY FITTED 2025

DOUBLE FRONTED PREMISES in the region of 2,865 ft² with wood strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette draw, modern adjustable shelving, 3 x open cool display unit (3.75 metres), 3 door glass fronted freezers, glass display cabinets, CCTV system (14 cameras, 1 monitor).

Stock room

First Floor in the region of 1,020 ft² with Toilet with w.c. and wash hand basin.
Second floor in the region of 920 ft² with additional Toilet with w.c. and wash hand basin.

The vendor feels, subject to planning permission there is protental to turn the First & Second floor into accommodation.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 30% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PAY POINT £10 per week approx.

Staff

The business is at present operated by the vendor on a part time basis plus 1 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 11pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £24,000 p.a. + VAT

Business Rates from April 2025 £4,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote