Convenience Store and Off Licence in Warwickshire For Sale

Semi-detached property, main road trading position, residential area, WARWICKSHIRE

Turnover £ 5,000
Price £54,500

Features

off Licence Convenience Store (including Vapes and Asain Groceries)

DOUBLE FRONTED PREMISES in the region of 800 ft². CCTV (15 cameras including stock rooms). Laminate flooring, suspended ceiling with LED light panels. Sales counter, EPOS cash register, Vape display cabinet, cigarette gangtry, adjusatable shelving, 11 single door upright fridges, double door fridge, double door full height freezer, single door full height freezer, ice cream freezer, large freezer,
Stock room.

Staff cloakroom with toilet and wash hand basin

Stairs to basement, used for storage

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 27% approx.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11 a.m. -11 p.m.
SUNDAY 11 a.m. - 10.30 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the left of the shop to FLAT above, comprises:

Large fitted kitchen
Utility room
Toilet with shower
Dining room

Stairs to the first floor

Master bedroom
2 further double bedrooms
Bathroom - Bath, toilet and wash hand basin

Second floor

2 single bedrooms
Shower room with wash hand basin and toilet

Outside

Garden. Garage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in February 2023 with reviews every 5 years (next review 2028) at a current rent of £20,400 p.a.

Business Rates 2025 / 2026 nil after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MARCH 2023

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £54,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 27,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote