Convenience Store with Off Licence in Dorset For Sale

Occupying a corner position, excellent main road trading position, close to 2 schools, residential and commercial area, Dorset.

Turnover £ 11,500
Price £180,000

Features

Convenience Store & Off Licence with Advertising Hoarding and Parcel Services

DOUBLE FRONTED PREMISES, in the region of 700 ft², WITH ELECTRIC SHUTTERS, CCTV (16 CAMERAS), Tiled flooring, suspended ceiling with concealed lighting.

Sales counter, electric cash register, soft drinks fridge, beer fridge, dairy fridge, ice cream freezer, chest freezer, adjustable shelving, cigarette gantry, vape display cabinets.

Store room.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. - £13,000 p.w. with a Gross profit of 35 - 40 % approx.

Additional incomes received
- InPost: £1,700 per year approx.
- DPD: £1,200 per year approx.
- Evri: £960 per year approx.
- Cigarette and vape advertising boards: £3,000 per year approx.
- Storage space at the rear of the property: £600 per month (£7,200 per year) approx.
- Large advertising board on the front of the building: approximately £5,000–£6,000 per year approx.

Staff

The business is at present operated by the Husband & Wife team with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 8 a.m. - 1 a.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the side of the shop to Flat above, protential rental income of £1,400 per month comprising;

2 Double bedrooms.
Kitchen.
Shower room, with shower, toliet and wash basin.
Living room.

Outside

Parking space for 2 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £24,000 p.a.

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

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£40,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote