Impressive Convenience Store and Off Licence in West Sussex For Sale

Imposing trading position, excellent trading position, residential, office and commercial area, WEST SUSSEX

Turnover £ 6,000
Price £70,000

Features

Impressive Convenience Store with Off Licence & National Lottery

OVAL FRONTED PREMISES in the region of 500 ft² with SHUTTERS. Industrial non-slip floor, suspended ceiling with LED lighting. Sales counter, EPOS till, modern adjustable shelving, cigarette drawer, slush machine, 3m open cool display unit, 2m open cool display unit, 1.5m open cool display units, 4 glass display cabinets, ice cream freezer, double glass topped deep freeze. CCTV system (8 cameras, 1 monitor),

Stockroom / Storeroom

Staff Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 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 £100 per week approx.
EVRI PARCEL £100 per week approx.
INPOST LOCKERS £1,200 per annum.

Staff

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

Trading Hours

7 Day week
MONDAY - SATURDAY 7.30 a.m. - 9.30 p.m.
SUNDAY 9 a.m. - 6 p.m.

Licensed to sell liquor 6 p.m. - 11 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 25 years in 2021 with reviews every 4 years (rent review due August 2025, so far no change) at a current rent of £13,800 p.a. plus VAT

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote