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Off Licence With Rental Income From Accommodation For Sale

Reading, Berkshire
Status
FOR SALE
Advert ID
235853
Leasehold Price: £15,000
Annual Turnover: £200,000
Annual Net Profit: Available upon request

ONLINE & OFF LINE BUSINESS.

Rental income £800 per Month.

*** We welcome the Business Investors / Working Partners as well. ***

This business has ONLINE & OFF LINE flourished since opening and already has lots of regular customers many of whom use it on a daily basis.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to concentrate on their other trading businesses. The owners are keen to see the business pass to an ambitious and entrepreneurial new owner who can take this lovely little business to the next level.

 

The business is well stocked and sells an impressive range of products including:-

• Asian Groceries (rice, Lentils, Flours, Spices Etc., )

• Green Groceries.

• Tobacco and vaping products.

• Beers, wines and spirits.

• Confectionery.

• Crisps and snacks.

• General groceries.

• Milk and dairy products.

• Soft drinks.

• Chilled drinks.

• Household Products.

. Health, Beauty & Baby Products.

 

Additionally, the business has a Payzone terminal which includes mobile top-ups, digital vouchers, bill payments and Parcels Collection.

Businesses alcohol licence allows sales between six am to 11 pm & for Online shopping 24/ seven days.

 

Scope To Improve.

1. online business: Increase the Delivery days and areas as well ( We are delivering only in reading certain areas only, have a choice to increase the business through out national / International )

1. Advertising and marketing campaign.

2. Maximise the use of social media.

3. Extend the opening hours.

4. Review the range of products stocked.

5. Consider stocking take away food.

 

Shop.

The door to the front creating a light airy and inviting interior, cleverly designed to maximise the space available.

 

Stockroom.

Stockroom with concrete flooring and a CCTV monitor.

 

1st Floor.

Single Bedroom Flat.

Nicely appointed single bedroom Flat has a separate entrance with Double Bedroom, Hall, Kitchen, Toilet and tub Bathroom.

 

The premises are secure with eight camera CCTV system.

 

Tenure.

The business is being sold as Leasehold with having another 17 Years.

The Leasehold rent £1380 per Month which will include the first floor Flat.

The business benefits from being exempt from business rates.

 

Hours.

Open seven days a week six am till 11 pm.

 

Staff.

The business is run and managed by own and with the help of two part-time members of staff.

 

Financial Profile.

Off Licence generates an advised current turnover of approximately £200000 per annum, and the business continues to grow at an impressive pace.

 

Additionally, the flat generate rental income of circa £800 per Month.

Listing Details
Location: Reading, Berkshire
Sector: Internet Businesses, Convenience Stores, Off Licences
Key Features
  • Attractive Business
  • Home Based
  • Established Business
  • Close to Local Amenities
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What's nearby
Within 1 milei:
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Premier Inn Reading Caversham Bridge (Lodging)
TLC Electrical Distributors (Point Of Interest)
Starr Karen (Health)
Reeds Solicitors (Lawyer)
Aventia (Electronics Store)
J T R Trading Ltd (Store)
Reading Play (Local Government Office)
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