Convenience Store with Off Licence and Household Goods in North Yorkshire For Sale

Situated in a Parade, prominent trading position, residential, office and commercial area, North Yorkshire.

Turnover £ 12,500
Price £190,000

Features

Convenience Store with off Licence, Newspapers, Greeting Cards, Toys and Household Goods

Ample customer's car parking in front of shop.

DOUBLE FRONTED PREMISES in the region of 2,000 ft² with wood strip floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, open cool display unit, drinks display fridge (glass fronted upright three-door), ice cream freezer, CCTV system (18 cameras, 1 monitor).

Stock room

First floor in the region of 600 ft²
Store room.
Kitchen.
Toilet with w.c. and wash hand basin.
Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 - £13,000 p.w. with a Gross profit of 40% approx.. Wholesale newsbill £1,800 p.w.

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

NATIONAL LOTTERY £35 per week approx.
PAY POINT £10 per week approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - THURDAY 5am - 8pm
FRIDAY - SATURDAY 5am - 10pm
SUNDAY 6am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £20,000 p.a.

Business Rates from April 2025 £7,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £190,000 plus STOCK AT VALUATION (£80,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 95,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote