Convenience Store and Off Licence in West Sussex For Sale

Situated in a Parade, excellent main road trading position, residential area, West Sussex.

Turnover £ 5,000
Price £67,500

Features

Convenience Store and Off Licence (licensed To Trade Until 11 Pm) with National Lottery and Parcel Services

DOUBLE FRONTED PREMISES, in the region of 400 ft², WITH ELECTRIC SHUTTERS, CCTV (6 cameras), Industrial non slip flooring, suspended ceiling with LED lighting.

Sales counter, touch screen cash register, 2 display chillers (3m), freezer single door, ice cream freezer, dairy fridge, adjustable shelving, etc.

2 store rooms.

Staff cloakroom with toilet and wash hand basin.

Turnover

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

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

NATIONAL LOTTERY £20 per week approx.
PARCEL SERVICES £25 per week approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 7 a.m. - 7 p.m.
SATURDAY 7 a.m. - 5 p.m.
SUNDAY 7 a.m. - 1 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE for 12 years with reviews every 3 years at an initial rent of £10,800 p.a. for the first 3 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 33,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote