Newly Fitted Convenience Store and Off Licence in Berkshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, BERKSHIRE

Turnover £ 3,000
Price £50,000

Features

Well Fitted Convenience Store & off Licence

NEWLY FITTED 2024

SINGLE FRONTED PREMISES in the region of 325 ft² WITH ELECTRIC SHUTTERS, wood strip floor, suspended ceiling with LED PANEL lights, sales counter, EPOS till, cigarette draw, drinks display fridge (glass fronted upright 8-door), Freezer glass fronted upright 4-door, modern adjustable shelving, CCTV system (9 cameras, 1 monitor).

Store room.
Staff Toilet with w.c. and wash hand basin.
Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 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:

PAY POINT £15 per week approx.

Staff

The business is at present operated by the Husband & Wife team plus family support

Trading Hours

7 Day week (Midnight licence)
MONDAY - SUNDAY 7.30am - 11pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Electric Heaters, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,000 per month. The accommodation comprises:

1 Large Bedroom
Lounge.
Kitchen.
Shower room with shower, w.c. and wash hand basin.

Outside

Rear yard with Parking space for 2 car.

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 £25,200 p.a.

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 VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£16,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote