Convenience Store and Off Licence in East Sussex For Sale

Situated in a parade, prominent trading position, residential and commercial area, EAST SUSSEX

Turnover £ 13,500
Price £179,500

Features

Premier Store with Off Licence

REFITTED SEPTEMBER 2025

DOUBLE FRONTED PREMISES in the region of 1,500 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, Air conditioning with hot air, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, 3 x drinks display fridge (glass fronted upright double-door), walls Ice Cream Freezer, 2x glass fronted upright double-door Freezer, glass fronted upright Freezer, CCTV system (20 cameras, 1 monitor).

Stock room.
Staff Toilet with w.c. and wash hand basin..
Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £13,500 p.w. with a Gross profit of 21.5% approx. Wholesale newsbill £350 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £30 per week approx.
PARCEL SERVICE £100 per week approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 7am - 9pm

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £22,500 p.a. In addition we understand there is a Service charge of £3,600 p.a. approx.

Business Rates from April 2025 £3,700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JANUARY 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £179,500 plus STOCK AT VALUATION (£40,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 89,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote