Unopposed Convenience Store with Off Licence in Hertfordshire For Sale

Situated in a small parade, unopposed trading position, residential area, Hertfordshire.

Turnover £ 7,000
Price £125,000

Features

Old Established Conveniences Store & Off Licence

UNRESTRICTED FREE PARKING TO FRONT

DOUBLE FRONTED RETAIL PREMISES in the region of 420 ft² WITH ELECTRIC SHUTTERS, lino floor, suspended ceiling with fluorescent lighting & LED lights, sales counter, EPOS till, Vape gantry, cigarette draws, modern adjustable shelving, large open cool display unit, drinks display fridge (glass fronted upright double-door), ice cream freezer, CCTV system (14 cameras, 1 monitor).

Store room.

Toilet with w.c. and wash hand basin..

Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,800 - £7,200 p.w. with a Gross profit of 35 - 40% approx.

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

NATIONAL LOTTERY £50 per week approx.
PAY POINT £10 per week approx.
RELAY starting soon

Staff

The business is at present operated by the Husband & Wife team

Trading Hours

7 Day week
MONDAY - THURSDAY 7am - 10pm
FRIDAY - SUNDAY 7am - 10.30pm

Outside

Large Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £16,500 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 VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£25,000 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