Well Presented Convenience Store and Off Licence in Hertfordshire For Sale

Situated in a parade, excellent main road trading position, residential area, HERTFORDSHIRE

Turnover £ 4,000
Price £95,000

Features

Well Fitted Convenience Store and off Licence

DOUBLE FRONTED PREMISES in the region of 460 ft² with ELECTRIC SHUTTERS & AWNING. CCTV (16 cameras), tiled flooring, LED lighting. Sales counter, touchscreen till, double door freezer, 2-5m chillers, adjustable shelving, greeting card racking, vape display cabinets, tobacco gantry, Slush machine

Storeroom

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 27% approx.

Staff

The business is at present operated by the vendor (part time) with 2 full time and 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 11pm
SUNDAY 10am - 11pm

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 2019 with reviews every 5 years (next review 2029) at a current rent of £13,200 p.a.

Business Rates from April 2025 £650 approx. (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 £95,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote