Convenience Store and Off Licence in Lincolnshire For Sale

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

Turnover £ 5,500
Price £60,000

Features

Well Fitted Convenience Store with Off Licence


DOUBLE FRONTED PREMISES in the region of 1,065 ft² WITH ELECTRIC SHUTTERS, lino floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette draw, modern adjustable shelving, 3 x open cool display unit (3 metres), 4 Glass topped deep freezers, double door freezer.

Store room.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £6,000 p.w. with a Gross profit of 32.5% approx.

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

PAY POINT £10 per week approx.
ATM £10 per week approx.

Staff

The business is at present operated by the 2 partners with family support

Trading Hours

7 Day week
MONDAY - SUNDAY 7am - 11pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £13,200 p.a.

NIL Business Rates after full relief (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
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