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Basford Off-Licence / Convenience Store 'For Sale'

A Basford Off-Licence / Convenience Store 'For Sale'.

There are not many ‘traditional’ corner shops with family living accommodation that come onto the market. This one has a long trading history and the reason for the sale is because the current owners have a young family and are outgrowing the premises.

Sales have increased greatly since the current owners took on the store.

Key Information:

Takings. We are advised these have increased significantly since the current owners took over the shop.
Now these are now in the region of £5,000 to £5,500 per week.
Profitability. The Gross Profit percentage is in excess of 18%.
Stock Level. Normally in the region of £7,000 to £8,000 - to be taken at valuation. (Can be reduced if required.)
Staff. 2 family owners sharing duties.
Tenure: Leasehold.

For details of rent and rates payable and specific details of the accommodation and location of the business please request full sales details by clicking on the ‘Request Full Details’ button above right.