 | Coventry Off Licence & General Stores For Sale Coventry, West Midlands, United Kingdom Advert ref: TRB.1348 FINANCIAL DETAILS | Asking price: £275,000 Sales revenue: Undisclosed Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership are pleased to offer this business For Sale.
Business
Traditional Off-Licence & General Store – Potential to Extend
Premises
Large Premises in Densely Populated Area to North of City
Tenure
Freehold – Incl. Large 3 Bed Flat & Outbuildings
Financial Details
Takings Circa £4½-5,000 per Week
This long established, family run Off-Licence and General Stores services the local community with General Groceries, and Off-Licence facilities. The owners only retail counter news and there is excellent opportunity for a new owner to fully develop the newspaper delivery potential of the business. There is also excellent potential do extend the retail area into the storage area and develop a decent sized convenience store for the area. There is no immediate competition on the estate. The business has been owned and operated by the vendors for the last 30+ years and they are now looking to retire. The business is therefore offered for sale through The Business Partnership, Coventry office. Weekly takings have been £4,500-£5000 per week on a consistent basis for many years now
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GENERAL INFORMATION | Years established: The business has been owned and operated by the vendors for the last 30+ years and they are now looking to retire.
Trading hours: Mon to Sat 9am - 10pm, Sun 9.30am – 2pm & 6.30pm to 10pm.
Property: Freehold
Living accomodation
The ground floor retail area (circa 48m2 – 516sf) is set up as a traditional style off-licence and general store and there is scope for expansion of the retail area into other storage/unused areas of the ground floor. To the rear of the retail area are a kitchen and further store room and outside are outbuildings and staff toilet facilities.
To the first floor is a well-proportioned 3 bedroom family accommodation. The property is well presented though would benefit from some general updating.
Location
Occupying a prominent position in densely populated residential area to the North of Coventry, the neighbourhood is well respected and ideal for a family business. There is adequate road side parking available to the front of the shop, which is unopposed in the locality.
Reasons for selling
Retirement
Related documents
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
