Convenience Store with Off Licence in Berkshire For Sale

Situated in a parade, busy road, residential & commercial area, BERKSHIRE

Turnover £ 7,500
Price £95,000

Features

Old Established Convenience Store & off Licence

SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with non-slip floor, LED lighting & recently partly refitted. glass topped chest display deep freezers, 3 x 3.75m cool display unit, drinks display fridge (glass fronted upright double-door), modern shelving, counter, 1 till with scanning system, CCTV system (14 cameras, 1 monitor) etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a Gross profit of 22% approx.

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

NATIONAL LOTTERY £50 per week approx.

Staff

The business is at present operated by 2 full time & 3 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 6am - 11pm
SUNDAY 9am - 10.30 pm

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £23,400 p.a. for the first 4 years.

Business Rates from April 2024 £4,300 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote