Convenience Store and Off Licence in Buckinghamshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Buckinghamshire.

Turnover £ 4,000
Price £75,000

Features

Newly Fitted Convenience Store with off Licence

FORECOURT WITH CUSTOMER PARKING
NEWLY FITTED 2024 at a cost of £90,000

SINGLE FRONTED PREMISES in the region of 975 ft² WITH ELECTRIC SHUTTERS AND CANOPY, tiled floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, CCTV system (cameras, monitor), Fruit & Veg Stand.

Stock room.

Toilet with w.c. and wash hand basin.

Kitchen Area

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 - £5,000 p.w. with a Gross profit of 25% approx.

Staff

The business is at present operated by the Husband & Wife team with 2 part time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 10pm

Outside

Rear yard and Parking space for 1 car.

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 2024 with reviews every 5 years (next review 2029) at a current rent of £18,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£50,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote