Convenience Store with Off Licence in South Wales For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, South Wales.

Turnover £ 4,250
Price £99,950

Features

Well Fitted Convenience Store Plus Off Licence

CORNER PREMISES WITH ELECTRIC SHUTTERS, wood strip floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette gantry, drinks display fridge (glass fronted upright double-door), open cool display unit (4 metres), walls Ice Cream Freezer, double door freezer, double door ice cream freezer, modern adjustable shelving, CCTV system (8 cameras, 1 monitor).

Stock room.

Toilet with w.c. and wash hand basin.

Basement, not utilised but could be used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 - £4,500p.w. with a Gross profit of 30-35% approx.

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

PARCEL £35 per week approx.
PAY POINT £20 per week approx.
ADVERTISING DISPLAY SCREEN £2,200 per annum 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 - FRIDAY 8am - 10pm
SATURDAY - SUNDAY 9am - 10pm

Outside

Loading Bay to rear

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 2025 with reviews every 5 years (next review 2030) at a current rent of £8,400 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote