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Exceptional City Centre Convenience Store & Off Licence - £30,000 Weekly Sales | High Footfall

Mailbox Estates is delighted to present this remarkable opportunity to acquire a brand new Off Licence and Convenience Store, ideally positioned in a busy city centre location benefiting from substantial passing trade and excellent visibility, with also a residential area in the surrounding area.

This is an outstanding opportunity to purchase a newly established store already generating approximately £30,000 in weekly sales, operating with low overheads and strong margins.

Reason for Sale:
The owner is selling due to other business commitments.

The Opportunity:
-Impressive £30,000 weekly turnover
-Nil business rates
-Prime city centre main road location
-High footfall with strong passing trade
-No direct competition nearby
- Residential area nearby

Location:
The store occupies a prominent position on a busy main road within the city centre, benefitting from constant footfall and passing traffic.

-Located on local bus routes
-Busy bus interchange directly in front of the store
-Surrounded by a thriving business district
-Nearby businesses include hotels, cafés and other commercial premises, generating a consistent customer base.

Trading Hours:
Monday - Saturday: 7:00am - 12:00am
Sunday: 8:00am - 12:00am

Turnover:
We are advised by the vendor that the business achieves average weekly sales of approximately £30,000, with gross margins of 35%.

Internal:
-The premises are presented in excellent condition and comprise:
-Large retail sales area
-Stockroom and W.C. facilities
-16-channel CCTV security system
-Separate rear delivery access
-Rear parking area with direct access to the stockroom

External:
The property is well maintained and attractively presented, featuring clear and highly visible signage which benefits from strong exposure to passing trade.

Staff:
The business is currently owner managed with six members of staff, all of whom are experienced and willing to remain with the business.

Tenure:
The business is offered by way of an assignment of the existing lease, with approximately 14 years remaining, renewable subject to landlord consent.

Rent:
Annual rent: £39,000

Trading Information:
Further trading information will be made available to genuinely interested parties who have viewed the premises and signed a Non-Disclosure Agreement.

Full accounts will be available from May.

Legal Costs:
-Each party to be responsible for their own legal costs.
-Landlord's legal fees to be shared equally between buyer and seller.

Deposit:
The successful buyer will be required to pay a non-refundable deposit of 10% of the agreed purchase price.

Tenure: Leasehold (14 years)