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Established Freehold Convenience Store In Reading For Sale

Reading, Berkshire, UK
Asking Price:
£325,000 Furniture / Fixtures included
Turnover:
£260,000
Net Profit:
Undisclosed

Well-established freehold off-licence and convenience store for sale, offering a profitable family-run business with freehold ownership and excellent opportunities for future growth.

This long-established convenience store offers a comprehensive range of everyday essentials including groceries, alcohol, tobacco, household goods, stationery, newspapers, Lottery, PayPoint and parcel services. The business generates weekly turnover of approximately £5,000, with additional income from Lottery, PayPoint and parcel service commissions. The sale includes the freehold premises, making it an ideal opportunity for an owner-operator, family business or investor seeking a retail business with long-term security.

The property comprises a ground floor retail shop with fixtures and fittings included in the sale (stock excluded and payable separately upon completion). To the rear is a backyard with a shed, presenting potential to remove the shed and extend the retail space, subject to any necessary consents. Customer parking is available, and the business currently benefits from business rates exemption.

The business is currently operated by two family members and offers substantial scope for expansion. Opportunities include extending trading hours, introducing fresh fruit and vegetables, adding hot food sales, expanding the magazine range, installing a cash machine (ATM) and launching a local delivery service.

Enquire today to receive further information or arrange a viewing.

Property Information

Property:

Freehold

Premises Details:

Freehold ground floor retail premises with customer parking, rear backyard and shed. Fixtures and fittings are included in the sale. Stock is excluded and will be valued separately upon completion.

Planning Consent:

Retail premises (Use Class E(a) – display or retail sale of goods).

Business Operation

Expansion Potential:

Excellent potential to increase revenue by extending opening hours, introducing fresh produce, adding hot food offerings, expanding the magazine range, installing an ATM and providing local delivery services.

Trading hours:

Monday to Saturday: 7:00am – 8:00pm.

Sunday: 9:00am – 6:00pm.

Employees:
Currently operated by two family members.