Convenience Store with Off Licence and Greengrocer in Norfolk For Sale

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

Price £145,000

Features

Convenience Store with Off Licence and Green Grocery

DOUBLE FRONTED PREMISES, in the region of 1,150 ft², CCTV (12 cameras), Laminate flooring, plasterboard ceiling with LED lighting.

Sales counter, EPOS cash registers (2 positions), 3 x 3.75m chillers, triple door freezer, double door freezer, adjustable shelving, Walls icream freezer, Monster fridge, Coca cola fridge, bake off oven, heated display cabinet, coffee machine (on rent), scales, etc.

Store room.

Double door chiller, chest freezer.

Staff cloakroom with toilet and wash hand basin.

Kitchen area with fridge, cupboards, microwave, etc.

Turnover

We are advised by the vendor the business enjoys a lucrative turnover which, we understand, the vendor is happy to discuss on inspection.

Staff

The business is at present operated by the vendor with 3 full time staff employed.

Trading Hours

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

Accommodation

Potential 2 bedroom flat available to rent if required.

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 2024 with reviews every 3 years (next review 2027) at a current rent of £12,500 p.a. INCLUDING insurance.

We are advised, to an approved applicant, the Landlord will grant a longer lease if required.

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 VENDOR MOVING AWAY.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote