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Well Stocked Off Licence with 3 Bedroom Accommodation

Sandhurst, Berkshire
Status
FOR SALE
Advert ID
250476
Reference
B05599 / Rightbiz
Leasehold Price: £49,995
Annual Turnover: £200,000
Business
Hilton Smythe are delighted to present to the market The Treasure Food and Wine Shop, established in its current format by our client in 2012 who is now selling the business due to his wish to now retire.

The business previously ran as a busy Threshers Wine Shop.

The business is being sold with a 3 bedroomed flat located above which is currently being rented out for £950 per month. Any new owner may look to take the opportunity to live and work within the area or continue with the rental arrangement in place, a higher rent of approximately £1,200 could easily be achieved which would reduce the actual business rent of the shop to just £5,600, making this a highly desirable opportunity for any new retailer looking to establish themselves within the area.

Currently the business is led by the off licence side, selling a large range of wines, beers, ciders, spirits, champagnes and sparkling wines, cigarettes, vaping fluids and lighters.

The grocery lines include confectionery, crisps and snacks, bagged sweets, large range of soft drinks and juices, small range of ice lollies, household essentials, small range of greeting cards, toiletries, tinned foods, mobile accessories and more.

Our client advises any new owner to expand the convenience side of the business and introduce any of the following to increase current footfall levels -

  • Add fresh bread, diary and snacks to go
  • Add more parry related items such as filled balloons, banners and decoration
  • Add newspapers, magazines, larger choice of greeting cards, stationery
  • Add lottery, paypoint and mobile phone top ups
  • Add a larger choice of vaping fluids, vaping machines and tobacco
  • Add linked services such as mobile phone repairs, Western Union money transfer, parcel collections
  • Extend the current opening hours 
  • Extend the shop into the rear stockroom
  • Add a craft beer or wine focused deli side, allowing customers to enjoy the option of drinking on site
Our client admits the business is being run to suit and with a fresh pair of eyes could now be taken to the next level.

Very rarely do businesses with accommodation come onto the market in this area and we therefore recommend early viewing to avoid disappointment.



Location
The Treasure Food and Wine Shop occupies a central trading position amongst a busy parade of community shops on Yorktown Road in Sandhurst.

The popular parade of shops includes food takeaways, KFC, DIY shop, Pet store, hair salon and barbers, car sales and repair garage, public house and restaurants, dry cleaners and local doctors’ surgery.

The parade benefits from free customer parking.

Sandhurst is a small town in Berkshire, situated 32 miles west-southwest of central London. Particularly known for being the home of the Royal Military Academy.

The nearest mainline station to the business is Sandhurst, journey time into central London taking approximately 1hour 47 minutes.



Premises
Main shop includes -

2 x large open chillers, glass fronted wine chiller, glass fronted champagne fridge, soft drinks fridge, red bull chiller and ice cream freezer

15 x fixed wooden wine bays, floor to ceiling in height allowing for a large capacity of stock holding

Central gondola for convenience and grocery lines

Large bespoke counter - includes till, card machine, cigarette gantry and storage

Rear areas include -

Staff toilet

Kitchen area

Fully shelved stockroom

Rear external includes -

Large garage

2 x parking spaces

Additional lock up storeroom



Tenure
The business is being sold as a Leasehold with 5 years remaining on a 10 year renewable lease paying just £20,000 for the entire building.

The business also benefits from full small business relief paying 0 rates in the current year.



Hours
MONDAY TO SUNDAY - 11.00am to 10pm



Staff
The business is run and managed by our client alone.



Financial Profile
The business generates on average £4,000 - £5,000 per week with an annual Turnover of around £200,000. Adjusted net profit averages at £30,000 per year with current stock levels in the region of £25,000.



Listing Details
Location: Sandhurst, Berkshire
Sector: Off Licences, Convenience Stores
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Advert Reference: B05599 / Rightbiz

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