Leasehold Convenience Store & Off Licence In Bristol For Sale

Business description

Phoenix Business Transfer Agents are delighted to place onto the market this very lucrative and profitable off licence and convenience store. It has been established for 25 years and is a family run concern which has bee in our client’s hands for over 10 years. Our client now wishes to sell due to other business interests.

The business provides a full array of convenience products as well as a full off licence and a key cutting service. There is a full news agency and our clients also provide fresh fruit and vegetables. There is also a pay point service which yields a turnover of £4,000 per annum which is not included in the financial figures. Further our client’s also provide organic products both dry and fresh.

The concern is fully managed with 1 full time and 5 part time member’s of staff. The owner is available for cover should it be required.

Also all deliveries are on site which means the owners pay a higher premium for the products stocked.

This business has huge potential. The opening hours could be extended and an owner/operator would easily increase the turnover and profits of the business, but our client has chosen to have the concern fully managed.

There would also certainly be scope to use more competitive suppliers and also to introduce a lottery service.

Our client would be available for a business familiarisation period if required.

Property information

Property:

Leasehold

Lease terms:

Tenure: Leasehold
The shop is available for a leasehold purchase with a 25 year lease and the rent for the shop will be £12,000 per annum and with the flat approximately £21,000.

Living accommodation:

Property Details This very large property is situated on a corner plot and the total area of the shop is approximately 50ft x 30ft. There is a canopy at the front of the shop which has a large wooden framed glass front. Ground Floor Upon entering the shop the premises are divided into various areas’s including a frozen food section and there are 2 large and 1 small isles running through the shop. The customer service point and off licence area is to the left of the entrance. To the rear is an office, store room and toilets. First Floor There is a 6 bedroom flat with a kitchen, lounge, bathroom and toilet. External There is storage area to the rear and car parking facilities for up to 15 cars.

Location:

This very profitable business is situated approximately 1mile from the city centre of Bristol. It lies within a very densely populated residential area with many houses and flats. It enjoys a prominent corner location and has its own car park with up to 15 vehicles. James Street and York Street run along side the M32 and the main road outside the premises is used as a short cut. It therefore attracts huge traffic flow.

There is a new shopping centre being built close by which has had an investment of over five hundred million pounds. This will attract many more clients into the area.

Other information

Support & training:

Our client would be available for a business familiarisation period if required.

Reasons for selling:

Our client now wishes to sell due to other business interests.

Trading hours:

The business operates from 8.00am – 11.pm Monday to Saturday and Sunday from 9.00am – 10.00pm