Convenience Store and General Store in Nottingham For Sale

Unopposed trading position, main road trading position, residential area, NOTTINGHAM SUBURB.

Turnover £ 5,250
Price £45,000

Features

Convenience Store (no Alcohol Licence) Established 2010

** THIS CAN NOT BE AN OFF LICENCE **

SINGLE FRONTED PREMISES, in the region of 475 ft², WITH ELECTRIC SHUTTERS, CCTV (14 cameras), Non slip vinyl flooring, suspended ceiling with tuble lights.

Sales counter, electric cash register, 3m chiller, drinks fridge, walls freezer, adjustable shelving, etc.

Storeroom.

Staff cloakroom with toilet and wash hand basin.

Second storeroom with sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,800 p.w. - £5,600 p.w. (including £900 p.w. cigarettes and £800 p.w. vapes) with a Gross profit of 28% approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 6.30 a.m. - 10 p.m.
SUNDAY 7 a.m. - 8 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2025 with reviews every 3 years (next review 2028) at a current rent of £6,252 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS WAS ESTABLISHED 2010 AND HAS BEEN IN THE SAME HANDS SINCE DECEMBER 2025, OFFERED FOR SALE DUE TO PERSONAL COMMITMENTS

Price

** YOU CAN NOT SELL ALCOHOL **

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote