Leasehold Convenience Store Located In Bulkington
Off Licence & Newsagents
Low Overheads
Ref 3053

Asking Price £49,950 plus SAV (£4,000)

Location
This unopposed Off Licence, Groceries & Newsagents is located in Bulkington. Situated on a busy junction and within a prominent and highly visible trading position, set back on a slip road within a small parade of shops to include a fish & chip takeaway and barbers shop. Next door you have the New Inn public house and adjacent is a doctors surgery. Bulkington is a large village located a few miles from Bedworth and has two schools, St James Church of England Junior School and Arden Forest Infant School. The village is served by four churches, St James' Parish Church, Our Lady of the Sacred Heart Catholic Church, Ryton Methodist Church and Bulkington Congregational Church. There is also a shopping centre and a variety of clubs and societies.

Business Description
Veritas Business Sales offer to the market this established Convenience Store which is located in Bulkington. The business has been trading for over 30 years and has been in the careful hands of the current owner for the past 7 ½ years. They are now offering the business for sale to concentrate on their other business interests.
Since ownership they have kept the property in good repair and the equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Store is overseen by the owner but operated daily by 1 full time and 2 part time members of staff and has a weekly turnover of between £4,500-£5,000. They retail newspapers, dairy products, beers, wines, spirits, cold drinks, hot drinks, sandwiches, confectionery, groceries, greeting cards, tobacco products and disposable vapes.
We believe that is further potential to increase trade by having an owner operator at the helm along with increasing product lines and maybe extending the opening times. This is a great opportunity to purchase a turnkey business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Saturday - 08:00 - 21:00
Sunday - 08:00 - 15:00

Leasehold
Term: 10 years
Remaining: 3 years
Rent: £5,000 pa
Reviewed: 3 yearly
Rates: zero

Ground Floor
Retail sales area comprising: sales counter with EPOS till system, tobacco kiosk, 2 x 3 door drinks fridges, sales & display shelves, news/magazine display shelves, ice cream freezer, dual flavour slush puppie machine, worktop with base units, bean to cup coffee machine and ceiling mounted CCTV monitor (6 cameras).
Small kitchen with sink drainer, base units, wall mounted soap dispenser, wall mounted paper towel dispenser, CCTV monitor and water heater (Triton).
W/C with wash basin.
The premises benefits from electric roller shutters to the frontage

External
Small rear yard with bin area. Rear shared service road. Storage cupboard for newspaper drop. Frontage with lockable storage unit for coal & log storage. Small customer car park to the frontage.

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

Retail property (high street)

Features and description

About this agent

See more properties like this