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OF-KMQTEGE4

Convenience Store and General Store in Nottinghamshire For Sale

Nottinghamshire, ENG, GB

Industry

Retail

Sub-industry

Convenience Stores

About this business

Convenience Store

SINGLE FRONTED PREMISES, in the region of 475 ft², WITH ELECTRIC SHUTTERS, CCTV (14 cameras), Non slip vinyl flooring, suspended ceiling with tuble lights.

Sales counter, electric cash register, 3m chiller, drinks fridge, walls freezer, adjustable shelving, etc.

Storeroom.

Staff cloakroom with toilet and wash hand basin.

Second storeroom with sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. - £6,000 p.w. with a Gross profit of 28% 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 - SATURDAY 6.30 a.m. - 10 p.m.
SUNDAY 7 a.m. - 8 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2025 with reviews every 3 years (next review 2028) at a current rent of £6,252 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE DECEMBER 2025

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £72,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 36,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount.