Established Nottinghamshire Convenience Store & Off Licence For Sale

Business description

We are pleased to offer to the market this extremely well established convenient store and off licence, which has been trading successfully for the past 40 – 50 years.

The current vendor has been in ownership for the last 4 years and is reluctantly selling due to other business opportunities.

During his ownership, the vendor has improved the shop, new door and roller shutters, air conditioning heat unit, new fridges, shelving and signage and also the house, new roof, re-plastering, carpets and floor covering and remedial work outside.

The shop sells:
• Convenience goods and frozen foods
• Greetings cards
• Ice cream and sweets
• Tobacco products
• Off licence goods as well as soft drinks
• Fresh sandwiches and pasties
• Payzone and top ups

The shop is well presented with chest deep freeze, dairy display and vertical fridges as well as modern shelving. It is clean and well laid out. The entrance door is steel shuttered and there is CCTV. There is a conveniently located cellar, which houses a staff w/c and is very dry for storage of shop goods.

We are advised that stock at cost is approximately £8 - £15,000 dependant on the time of year.

A husband and wife team staff the business.
REF: 9172NG

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 15 years
Remaining lease: 15 years
Review every: 3 years
Rent: £12,000 P.A. shop and house

We are advised that the annual business rates are currently: £1,038 – shop, £403 - House

Living accommodation:

First Floor • Single bedroom • 2 double bedrooms • Bathroom with bath, shower and w/c • Stairway to loft area Loft Area • This is 1 very big double bedroom with skylight windows (excellent) External • Paved to roadway on both sides

Location:

Our client’s convenience store and off licence is conveniently located on a main road in a large village in North Nottinghamshire. It is a corner site, which adds to its prominence and there is parking opposite the business as well as to the side of the building.

Recently, a new estate was built on to the village and this was close to the store, the business derives a lot of revenue from this. .

The area is only a short car journey from the M1 motorway at its junction to Chesterfield.

Premises details:

space and briefly consisting of:

Ground Floor
• Large front window to shop door on right hand side
• Main shop with counter to rear
• Behind counter doorway to house with stairway down to cellar
• ‘front door’ to house located side of building behind shop counter
• To the right hand, a good sized family lounge with rear doorway to large kitchen/dining room
• Store room
• Lobby to rear doorway
• w/c and sink
• From lounge is a stairway to first floor

Other information

Expansion potential:

This is an ideal business for a family who will work together, possible extended hours would help increase turnover but this would need to be advertised locally. Excellent small business with huge potential due to its almost monopolistic position in the village.

Trading hours:

Mon-Fri: 7am – 8.30pm
Sat: 8am – 8.30pm
Sun: 9am – 8pm

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