Convenience Store and Off Licence in Shropshire For Sale

Situated in a Parade, excellent trading position, residential and commercial area, close to college, Shropshire.

Turnover £ 9,000
Price £125,000

Features

Off Licence with Convenience Groceries and National Lottery


DOUBLE FRONTED PREMISES, in the region of 1,100 ft², WITH ELECTRIC SHUTTERS, CCTV (16 cameras), Laminate flooring, suspended ceiling with LED lighting, Televisions showing sports,

Sales counter, EPOS cash register. Ice cream freezer, large double door freezer, 3 soft drinks fridge, Redbull fridge, wine cooler, large beer chiller, draft cider pump for takeaways, adjustable shelving, vape display cabinets, etc.

Store room

Staff cloakroom with toilet and sink.

Kitchenette.

Stairs to basement in the region of 325 ft²

Used for storage

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a Gross profit of 25% approx.

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

NATIONAL LOTTERY £60 per week approx.

Staff

The business is at present operated by the vendor, their son, with 1 full time staff employed. with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 am - 10.30 pm
SUNDAY 12 noon - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 9 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £14,000 p.a.

Business Rates from April 2025 £830 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote