Off Licence and Convenience Store in Staffordshire For Sale

End of terrace property, excellent main road trading position, residential, office and commercial area, Staffordshire.

Turnover £ 2,500
Price £40,000

Features

Traditional off Licence and General Store

SINGLE FRONTED PREMISES in the region of 280 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, sales counter, spotting table, cigarette gantry, modern adjustable shelving, display fridge (glass fronted upright), 3 x open cool display unit, ice cream freezer, CCTV system (18 cameras, 1 monitor).

2 Stock rooms.
Kitchen/ Store room.
Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 20% approx.

Staff

The business is at present operated by a Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week (LICENCED 8am - 10pm)
MONDAY - SATURDAY 8am - 8pm
SUNDAY 10am - 6pm

Accommodation

Optional 1 bed flat on shorthold agreement

Outside

Rear garden with Parking space for 2 car.

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 £10,200 p.a. for the first 4 years.

NIL Business Rates after full relief (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 NEW, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£8,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote