Convenience Store with Off Licence in Surbiton For Sale

Situated in a parade, sought after residential area, SURBITON, SURREY

Turnover £ 6,000
Price £115,000

Features

Well Established Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence

LAYBY IN FRONT OF PARADE PROVIDING CUSTOMERS' CAR PARKING

SPACIOUS SALES SHOP with automatic entrance door. Total sales area in the region of 1,400 sq. ft. Quality tiled floor, suspended ceiling with LED lighting. Air conditioning/heating unit. Counter, 1 touchscreen till, 3 -3.75m open cool display units, 2 large glass topped chest display deep freezers, ice cream deep freezer, centre display gondolas, magazine display shelving etc.

Stockroom with Bakeoff oven, 1deep freezers, walk-in coldroom (not used at present)

Office

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 35% approx.. Wholesale newsbill £200 p.w.

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

NATIONAL LOTTERY £25 per week approx.
PARCEL SERVICE £800 per month approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
SUNDAY - THURSDAY 7 a.m. - 9 p.m.
FRIDAY & SATURDAY 7 a.m. - 11 a.m.

Outside

Large garden to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2016 with reviews every 4 years (next review 2028) at a current rent of £16,000 p.a.

Business Rates from April 2026 £5,750 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION (£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote