Superbly Presented Profitable Convenience Store Off Licence For Sale

Business description

LOCATION: Perfectly positioned in a very busy prominent high street in an affluent area and serves a densely populated mixed residential area. There is easy parking around the vicinity of the store, plus there is a bus stop, tram stop and major city centre link train station within 100 yards.

DESCRIPTION: The premises was expensively re-fitted throughout and totally re-equipped in August 2007. It is absolutely superb and must be viewed to appreciate. The attractive frontage is lit, electric door and electrically operated roller shutters. The 1000 sq ft lock-up premises comprises a beautifully fitted front sales section which is exceptionally attractive. A state of the art designer internet cafe is hugely profitable and widely used. Gorgeous antico wood flooring, and designer interior, different to any other business in this sector. It is backed by a stock room, Kitchen and toilet/washroom. The property also includes a large basement for storage

EQUIPMENT: Superb equipment includes 2m Arneg chiller unit (1 year old), 2 double door and 1 single door drinks fridges, 1.5 m chest freezer, 2 YP electronics Epos scanning tills (cost £10k) and back office PC, 6 beautiful Bartuf card racks, 8m lit bartuf magazine racks, fax, Sony snap lab digital photo developer, Digital CCTV, and brand new PO standard Red Wave Romec alarm system, amongst all other usual fittings

BUSINESS: This long established business has been in the same hands since 1976 and is now only for sale due to family illness. It is welled stocked with an excellent wide young to old customer base. Gross takings per week are £17,000. Plus £500 per week from the internet cafe (all profit), E Top-up takings are an impressive £1700 per week, Oyster terminal will be installed in the next 3 weeks and is anticipated to be very successful due to locality to transport links. The business is a Nat. Lottery agent with sales of online and Scratchcards of an average of £4k er week. No initial expenditure is required as premises and all equipments are in immaculate order.

HOURS: Mon-Sat 7.00 am to 7.30 pm. Sun 7.30 - 2pm

TENURE: Renewalable lease with 3 years remaining and rent £36k per annum with rates of £12k.

STOCK: Approx £20,000.

Property information

Property:

Leasehold

Lease terms:

Renewable lease with 2 years remaining

Location:

Prime High Street location in an affluent crime free area, within yards of Bus Stop, Tram stop and busy commuter train station, set amongst densely populated mixed residential area.

Other information

Expansion potential:

Superb potential for expansion on the recently acquired off licence, trading finishes at 7.30pm weekdays, and at 2pm Sundays, plenty of space in store for further product range expansion. No Paper rounds currently offered.

Competition / Market:

Little competition due to lack of available spaces, this business has acquired the final off licence in the area due to saturation, avoiding any threat from tesco etc. Property facing a park, which means all traffic is directed to this shop.

Support & training:

Total support and training, in addition all staff able to run this shop

Reasons for selling:

Owner has caring responcibilities for family member whom has fallen ill

Trading hours:

7am - 7.30 pm

Inventory / Stock value:

£25,000

Contact the seller