Staff Operated Convenience Store and Butchers in Nottingham For Sale

Occupying a corner position, main road trading position, residential area, NOTTINGHAM

Turnover £ 10,000
Price £165,000

Features

Vast, Staff Operated, Convenience Store, Butchers & Off Licence

POTENTIAL TO GENERATE INCOME BY PARTITIONING AND LETTING SUB UNITS.

CORNER PREMISES, in the region of 5,000 ft², WITH ELECTRIC SHUTTERS. CCTV (16 cameras), industrial non slip vinyl flooring, suspended ceiling with LED lighting.

Sales counter with 2 EPOS cash registers.

1 x 3.75 m chiller, 1 x 2.5 m chiller, 3 x triple door freezers, adjustable shelving, island gondola, scales, fruit and vegetable display.

Meat section, refrigerated desplay cabinet 5.5m, meat display cabinet 3.2m, meat counter, electronic scales, gravity feed slicer, packing machine, butchers block, mincer, washing sink, etc

2 Walkin fridges.

Large store room.

Staff cloakroom with toilet and wash hand basin.

Staff kitchen.

Stairs to FIRST FLOOR, in the region of 750 ft² staff rest area, comprising;

Kitchen / Diner

1 single bedroom.

Shower room with shower, toilet and wash hand basin.

We are advised, subject to planning consent and landlord's approval the above could be used as accommodation and would command a rental income iro £500 p.m..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 25% approx. (50 % of the sales are associated with the butchery sales.)

Staff

The business is at present operated by the staff with 2 full time and 1 part time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 a.m. - 8 p.m.
SUNDAY 10 a.m. - 6 p.m.

Outside

Parking to rear for 4 vehicles.

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 5 years (next review 2028) at a current rent of £21,600 p.a. plus VAT

Business Rates from April 2025 £4,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS OFFERS OVER £165,000 plus STOCK AT VALUATION (£50,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 82,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote