Key Features:
- Weekly sales around £22,500
- Prime High Street location
- Fully staff-run and equipped
- Includes EPOS, CCTV, chillers
- 4% rebate on £10k weekly spend
- Sublease with franchise support
An opportunity to acquire an established convenience store and off-licence business occupying a prominent corner trading position within a busy Staffordshire market town.
The business offers a comprehensive range of groceries, beers, wines, spirits, chilled and frozen foods, confectionery, household products and everyday essentials, serving a regular local customer base alongside passing trade.
According to the vendor, gross weekly sales average approximately £22,500, providing an established trading base for an incoming purchaser. The store benefits from spacious, well-presented retail premises, with extensive refrigeration, modern shelving, EPOS and CCTV systems. The principal fixtures and fittings are already in place, allowing an incoming operator to continue trading without the need for significant initial investment in the retail fit-out.
The business currently operates under an established national convenience store symbol group, benefiting from recognised branding and supplier arrangements. The existing agreement includes a weekly purchasing commitment, with a rebate available on qualifying purchases, subject to the relevant supplier terms.
The store is currently staff-operated, with an established team supporting day-to-day trading. One management employee will be leaving before completion, creating an opportunity for an incoming owner-operator to take a more active role in the business or appoint a replacement manager.
The premises are currently occupied under an informal arrangement with the head tenant, without a formal written underlease. A new direct lease with the freeholder is considered the most likely arrangement for an incoming purchaser, subject to negotiation and agreement. Previous negotiations indicated a proposed rental of approximately £30,000 per annum, which purchasers should use as a guide when assessing the opportunity. The existing rental payment is £27,996 per annum.
This opportunity would particularly suit an experienced convenience store operator, an existing retailer looking to expand, or a hands-on purchaser seeking an established business with an existing customer base. There is further scope to review staffing arrangements, operating costs, product ranges and promotional activity to suit the purchaser's intended operating model.
Key Features
Vendor-advised gross weekly sales of approximately £22,500Prominent corner position in a busy Staffordshire market townEstablished convenience store and off-licence businessSpacious, well-presented and fully fitted retail premisesExtensive commercial refrigeration and freezer displaysModern EPOS, CCTV and retail shelving throughoutStaff-operated business with an established workforceOpportunity for owner-operator involvementRecognised national symbol group branding and supplier supportCurrent rent of £2,333 per calendar monthBroad range of groceries, alcohol and everyday essentialsScope to review operating costs, staffing and product ranges
Offers Around £200,000 + Stock at Valuation
