Convenience Store with Off Licence in North Yorkshire For Sale

Semi-detached property, excellent main road trading position, residential, office and commercial area, North Yorkshire.

Turnover £ 2,250
Price £45,000

Features

Old Established Convenience Store & Off Licence

FORECOURT

SINGLE FRONTED RETAIL SHOP in the region of 520 ft² WITH ELECTRIC SHUTTERS, wood strip floor, suspended ceiling with LED PANEL lights, sales counter, EPOS till, modern adjustable shelving, drinks display fridge (glass fronted upright five-door), 2 glass tipped deep freeze, RedBull Fridge, Monster Fridge, Coca-Cola fridge, CCTV system (14 cameras, 1 monitor).

Stock room

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 - £2,500 p.w. with a Gross profit of 25% - 30% approx.

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

NATIONAL LOTTERY £30 per week approx.
PAY ZONE £10 per week approx.
PARCEL SERVICE £250 - £300 per week approx.

Staff

The business is at present operated by the vendor

Trading Hours

7 Day week
MONDAY - FRIDAY 7.30am - 10pm
SATURDAY & SUNDAY 8.30am - 10pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 Bedrooms (2 double, 1 large Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £14,400 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£7,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote