Convenience Store Newsagent & Off Licence For Sale - Nottinghamshire, United Kingdom

Asking price: £124,950

Sales revenue: £416,000

Business description: Advent Business Sales have been instructed to offer for sale this well established business with excellent potential for further expansion. In the hands of the current vendors for just over 3 years, it is now reluctantly offered for sale due to the vendors plans to emigrate. The business offers a range of goods and services including: • Cigarettes and tobacco • alcohol • Counter news plus deliveries -including 1 morning round • Extensive range of convenience goods • Off the counter Medicine • Confectionery • Greetings cards • Pay zone and pay point (£5,000 pw) • Cash machine The premises have been fully renovated by the current owners upon acquisition. This included a full refit allowing the customers to shop in a modern, friendly and relaxed environment. Renovations have included the main sales area which has been tiled throughout, new suspended ceiling and fully racked and shelved. ref:8704S

Employees: Currently staffed by the vendors, a husband and wife team,

Trading hours: Mon – Sun: 7am – 9pm

Property : Leasehold

Lease terms: TENURE: Leasehold Original lease: 6 years Remaining lease: 6 years Review every: 3 years Rent: £7050 per annum We are advised that the annual business rates are currently: £1000

Living accomodation: A spacious purpose built lock up corner premise in a small parade, with the added security of CCTV, an alarm system plus electric and manual roller shutters. The premises are air conditioned throughout and briefly consists of: Ground Floor - Entrance leading to main sales area with tiled floors, racking and shelving throughout - Counter and cigarette gantry to the front - Range of fridges, freezers and chiller cabinets - Cash machine - Doorway leading to stock room area, w/c and kitchenette - Rear fire exit External - Paved to shop front - Customer car parking plus ample street parking

Location: Our client is ideally located in a small parade of two shops and an office premise purpose within the heart of a residential estate in Worksop. There is ample allocated parking with additional parking in the surrounding streets. There are transport links with the A57 and a1 providing access to other areas.

Expansion potential: There is excellent potential for growth and expansion. This could include - adding Lottery, - extending paper rounds, - increase opening hours - possibly joining a recognised group such as Costcutter, Nisa Local, or Premier to further maximise on sales and profits.

Financing available? Please let us know if you require finance for the purchase of a business.

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